October 29, 2013 6:18 pm
My mission is to help property owners, potential buyers and renters with common issues and concerns they might face by connecting them to resources. A recent visit to the website of Missouri-based Janet Mcafee Inc. proved that her 'Show Me State' REALTORS® are savvy problem solvers, handling issues that could face sellers or buyers anywhere.
REALTOR® Megan Holekamp blogged about disputes that arise between buyers and sellers regarding which fixtures the sellers can remove. She notes that the sale contract lists the items and fixtures that are automatically included with the sale.
She advises sellers to review this list prior to bringing the house on the market and remove items they would like to move to their new home. While excluding them from contract is an option, a safer decision is to replace the items with similar fixtures before listing, and photographing the interiors before and after.
REALTOR® Linda Benoist had a bachelor client living in a house that needed some updating and TLC. But he wanted to sell his home "as-is," so the home languished on the market for seven months without selling.
He subsequently took the house off the market and commissioned interior and exterior painting, installed new doors, removed carpeting, refinished hardwood floors and added accent millwork, updated the kitchen and bathrooms and hired a trusted stager to give the home a young fresh décor.
The home returned to the market and sold the first week.
To save money, REALTOR® Nancy Gulick's clients thought they would use an existing survey for the property they were purchasing. Unfortunately, not only would the title company not insure against claims arising from boundary disputes or easements, the existing survey showed an easement was located right under the center of the home.
So she worked with the closing department and title company to verify all easements of record. Then she advised the buyer to call upon a trusted surveyor to perform a boundary survey to locate all property improvements and easements of record.
A new survey revealed the easement in question was located across the back of the property and not where the previous survey had located the easement. With the new survey, the title company was happy to issue the buyer’s title insurance.