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Saturday, May 17, 2008
 

F.A.Q.s

Here is a collection of frequently asked questions that I have put together to help you in buying or selling a home. If you have any other questions, not listed here, feel free to contact me.

By clicking on any of the questions below, you may view the answer.

Questions From Buyers

  • What is a Multiple Listing Service (MLS)?
  • What is a debt-to-income ratio?
  • What is title insurance?
  • What is the difference between being prequalified and preapproved for a loan?
  • What is a REALTOR®?
  • What is homeowners association (HOA)?
  • Why should I use a real estate agent?
  • Is an older home as good a value as a new home?
  • What is an escrow officer?
  • Can a home depreciate in value?
  • What are closing costs?
  • What does FSBO mean?
  • What is a broker?
  • What is a contingency?
  • What is a "One-Time Show" listing?
  • What's the Difference between a "Listing Agent" and "Selling Agent"?
  • WHAT ARE THE THREE TYPES OF REAL ESTATE AGENT RELATIONSHIPS THAT I SHOULD KNOW ABOUT WHEN PREPARING TO BUY A NEW HOME?
  • WHEN BUYING A HOME, WHAT TOPICS SHOULD BE DISCUSSED BY MY AGENT AND ME?
  • IF THE PROPERTY CONTAINS DEAD TREES, A ROTTED OUT DECK, A DRIVEWAY THAT NEEDS REPAIRING, ETC., WHOSE RESPONSIBILITY IS IT TO HAVE THIS WORK DONE-- THE SELLER OR THE BUYER? SHOULD IT BE DONE PRIOR TO CLOSING?
  • WHEN I FIND A HOME THAT I LIKE AND AM READY TO MAKE AN OFFER, HOW DO I KNOW FOR CERTAIN THAT SOME APPLIANCE, WINDOW TREATMENT, ELECTRONIC DEVICE, HOT TUB, ETC. WILL STAY WITH THE HOUSE OR WILL BE REMOVED BY THE SELLER?

    • Questions From Sellers

  • What are comparables or comps?
  • What is a counteroffer?
  • What does an appraisal mean?
  • Why should I use a real estate agent?
  • Is there a "best time" to put my house on the market?
  • How should I price my home?
  • What are disadvantages of pricing my home on the high end?
  • Do I have to sell to the person with the highest offer?
  • Can I back out of my contract with one buyer and accept a new, higher offer from a second buyer?
  • Who is responsible for making repairs, if any, as a result of home inspection reports conducted for the buyer?
  • What is an "Exclusive Agency Listing"?
  • What is an "Exclusive Right to Sell" listing?
  • WHEN NEGOTIATING THE SALE OF MY HOME, WHAT IS THE SAFEST WAY OF INSURING THAT THE BEST OFFER IS PICKED?
  • WHAT ARE THE MARKETING STRENGTHS OF WINTERHALDER REAL ESTATE?
  • WHAT CAN I DO TO INCREASE THE VALUE OF MY HOME PRIOR TO LISTING IT?
  • REALISTICALLY SPEAKING, WHAT IS MY HOME WORTH? IS IT BETTER TO PRICE IT A LITTLE HIGHER OR A LITTLE LOWER THAN ITS ESTIMATED WORTH?
    •  

    Robert W. Winterhalder - Weichert Capital Properties & Estates
    Mobile: 203-648-7995 Office: 203-431-1400 Fax: 203-431-1388
    417 Main Street
    Ridgefield, Ct 06877
    Email: winreal007@hotmail.com Website: www.winrealtor.com


    079204
    visitors since 1/3/2008

    Robert Winterhalder  -  Weichert Capital Properties & Estates
    Ph: 203-431-1400  -  Fax: 203-431-1388
    417 Main Street
    Ridgefield, CT 06877
    www.winrealtor.com

     

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