Can an agent say they have multiple offers when they really don’t?
Friday, 22 March 2019
Question: “I think I know what you’re going to say, but is this okay to do? I sold a home and my agent told everyone we had multiple offers when we didn’t. And when we got an offer, he even wrote a multiple counter offer when we didn’t have another offer.” Answer: Your agent is
- Published in Q&A - Home Selling Questions
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Are online lenders safe?
Friday, 15 March 2019
Question: “What do you think of getting a mortgage from an online lender?” Answer: Personally, I’m NOT a fan as most of my clients who used (or tried to use) online lenders had poor experiences. They tend to be based out of town and impersonal. And because they don’t have local representatives, there’s no personal
- Published in Q&A - Home Financing Questions
How to choose a real estate agent
Friday, 15 March 2019
Question: “I’m planning to sell my home. What’s the best way to choose an agent?” Answer: Thanks for your question! My answer may sound self-serving, but you’ll agree it makes sense: The only way to choose an agent is based on their track record. Fancy presentations and “happy talk” are nice, but they’re just promises.
- Published in Q&A - Home Selling Questions
Is price per square foot a good indicator of a home’s value?
Friday, 08 March 2019
Question: “I know you’ve said before not to use price per square foot to figure out home values, but an agent I know uses it all the time…” Answer: If price per square foot actually works, then I’ve got some exciting news. You and I are about to get rich! How? We’re going to build
- Published in Q&A - Home Selling Questions
What are the responsibilities of cosigning a loan?
Friday, 08 March 2019
Question: “Any downside to cosigning on a loan?” Answer: Before you co-sign on a mortgage, you should understand what it means. I suspect some people think it’s more like a reference on steroids than an actual commitment. But it’s a commitment. If you co-sign, you and the other party are both 100% responsible for payment.
- Published in Q&A - Home Financing Questions
Is it bad to list As Is?
Friday, 01 March 2019
Question: “Is there an inherent negative stigma to listing As Is?” Answer: I was very hesitant for many years to put “sold as is” in my marketing for a home. I felt it gave the impression that there were serious problems that the seller was unwilling to fix. So yes, I think there WAS a
- Published in Q&A - Home Selling Questions
Can I buy a rental property with a VA loan?
Friday, 01 March 2019
Question: “Can I buy a rental with my VA eligibility?” Answer: Sorry, but VA loans are only for your primary residence.
- Published in Q&A - Home Investing Questions