This educational real estate video is about buying short sales. Short sales are when a bank is willing to sell a home for less than they are owed on it. If you are thinking about buying a short sale deal there are a few things to be aware of beforehand. Short sales can be very frustrating and time consuming. If you need to buy and own a home within 90 days then it is probably wise for you to avoid short sales since they are notoriously slow. If you have the time and patience to deal with the short sale process you may be able to get a great deal on a short sale.
Todd Tramonte
Broker/Owner of Market Experts Realty & The Todd Tramonte Home Selling Team
This real estate video will discuss buying new construction homes. You will want to make sure that you are working with a real estate professional throughout the process. New construction builders are in the business of marketing their own properties for sale which is why you need someone who is loyal to you and has a fiduciary responsibility to you. This is where a professional real estate agent will come in handy because they are ethically required to look out for your best interest. A professional real estate agent will help you throughout the process of purchasing this home because new construction home contracts can be a little different than an average house because they sometimes factor in builder upgrades and construction timelines. Also, keep in mind that when you purchase a home, regardless of if it’s new contraction or not, the seller will pay your real estate agents commission.
Todd Tramonte
Broker/Owner of Market Experts Realty & The Todd Tramonte Home Selling Team
This real estate video explores the concept of surveys. Any type of land that will be transferred from one owner to another will need a survey, including residential, land, farm and ranch. The survey is a simple concept, but an extremely important one. It’s basically the document that dictates the boundaries and foot print of a property and dictates what is owned. A surveyor will create a sketch of the property outlining the physical boundaries of the property. This may include a fence line, or easements that the city may have utilities in. In a residential real estate transaction, a seller can use a previous survey that they may have had created when they purchased the home, which can save a few hundred dollars.
Todd Tramonte
Broker/Owner of Market Experts Realty & The Todd Tramonte Home Selling Team
