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October 15th, 2016Parkland Florida BlogLea Plotkin 0 Comments

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PARKLAND FLORIDA :THE VOCABULARY OF SELLING A HOME

AS IN ANY INDUSTRY,THERE ARE TERMS AND BUZZWORDS THAT ARE UNIQUE TO RESIDENTIAL REAL ESTATE. WHEN YOU PUT YOUR HOME ON THE MARKET IN PARKLAND FLORIDA, YOU SHOULD KNOW WHAT THOSE TERMS MEAN. HERE ARE DEFINITIONS FOR THE MOST COMMON ONES:

FAIR MARKET VALUE IN PARKLAND FLORIDA: THIS IS AN ESTIMATE OF HOW MUCH A SPECIFIC HOME WILL SELL FOR IN TODAY’S MARKET, TAKING INTO ACCOUNT WHAT SIMILAR PROPERTIES IN THE AREA HAVE SOLD FOR RECENTLY.

SELLER’S AGENT: THAT WOULD BE US THE REALTOR® WHO IS HELPING YOU SELL YOUR PROPERTY. WE WOULD ALSO ASSIST YOU IN FINDING AND BUYING YOUR NEXT HOME.

BUYER’S AGENT: THIS COULD BE US THE REALTOR® WHO IS WORKING WITH YOU THE BUYER OF THE PROPERTY ..

PRE-APPROVED MORTGAGE: THIS IS A STATEMENT (OFTEN IN THE FORM OF A CERTIFICATE) FROM YOUR BANK OR OTHER LENDER THAT STATES THAT YOU QUALIFY FOR A MORTGAGE FOR A PARTICULAR AMOUNT OF MONEY. A PRE-APPROVED MORTGAGE ADDS CREDIBILITY TO ANY OFFER YOU MAKE ON A NEW HOME.

STAGING: THIS IS A STRATEGY WHERE A HOME IS PURPOSELY PREPARED SO THAT IT APPEALS TO POTENTIAL BUYERS. STAGING MAY INVOLVE CLEANING, DE-CLUTTERING, REARRANGING FURNITURE, REDECORATING, AND MORE.

SURVEY: THIS IS A DOCUMENT THAT DEFINES THE BOUNDARIES AND MEASUREMENTS OF YOUR PROPERTY AND ANY STRUCTURES ON IT.

OFFER IN PARKLAND FLORIDA : THIS IS AN OFFER OF PURCHASE, IN WRITING, FOR A PARTICULAR PROPERTY.

CONDITIONAL OFFER: THIS IS AN OFFER TO PURCHASE, BUT WITH CONDITIONS – SUCH AS “CONDITIONAL ON A SATISFACTORY HOME INSPECTION” OR “CONDITIONAL ON ARRANGING SUITABLE FINANCING”.

WANT MORE IDEAS FOR PREPARING YOUR HOME IN PARKLAND FLORIDA SO THAT IT WILL SELL QUICKLY AND FOR THE BEST PRICE? CALL TODAY. WE DO STAGING FOR ALL OF OUR PROPERTIES.

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Lea & Rubin




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