Subject: South Florida Sun-Sentinel.com
From: "Merilee:::Kern Communications" <[email-masked]>
To: <[email-masked]>
Date: Wed, 8 Oct 2008 10:34:20 -0700

http://weblogs.sun-sentinel.com/business/realestate/housekeys/blog/2008/10/las_vegas_real_estate_agent_1.html

Skipping home inspections and other faux pas

> Posted by Paul Owers on October 7, 2008 at 12:29 PM
Las Vegas real estate agent Robert Jenson came out recently with lists of common blunders committed by home buyers and sellers.

I've shortened the lists just a bit. Many of the agents I talk to in South Florida say they deal with these same mistakes. Be honest. Do you see yourself in any of the following?

BUYERS

1. Not getting preapproved for a mortgage -- A letter of commitment from a lender before searching for homes can save plenty of time and heartache later.

2. Forgoing home inspections -- Not forking over the $300 for an inspection could mean expensive repairs later after you close. 

3. Not shopping mortgages -- A difference of even half a percentage point can mean a considerable savings over the life of a loan. 

SELLERS

1. Overpricing -- If a property is dismissed as too expensive early on, it can result in later price reductions. 

2. Limiting showings -- Have an open door policy and ensure the home is ready and able to be shown on a moment's notice -- even if you're not there. 

3. Failing to stage -- First impressions are critical, so plant flowers, wash the windows and screens and generally make the house look inviting.

4. Offering repair credits -- Eliminate any need for warranties. Make ALL repairs before you put the house on the market.

POSTED IN: Buyer/seller mistakes (1)