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5 Steps To Safeguard Yourself From A Real Estate Bubble
As any internet stock investor can tell you, it is no fun to be in a bubble when it bursts. While there is still considerable debate about whether or not the recent run up in home prices represents a true bubble, it is certainly prudent for those in...
Buying a Home -- Is a Home Inspection a Good Idea?
To avoid “buying a pig in a poke,” buyers have long demanded the closing on a home purchase be contingent upon a satisfactory inspection by a home inspection firm. In many parts of our country, we’re now experiencing a strong sellers’ real estate...
First Time Home Buyers – Where To Start?
So you want to buy a home? Statistics show that more and more young single people are buying homes. With mortgage rates at an all time low, more programs to assist first time homebuyers, and lots of homes on the market to choose from; it doesn’t...
Home Loans And Mortgages – Tips To Avoid Foreclosure
Today’s real estate market is a volatile one; prices are at record levels and Interest rates are favorable, but foreclosures are increasing. Wages haven’t kept up with home prices and some buyers who had to stretch to find a way to obtain a mortgage...
Real Estate - Tips For First Time Buyers
First time home buyers face many challenges in understanding the process of purchasing a home, obtaining a mortgage, and knowing which type of loan will best suit their needs. Advice from well meaning loved ones can be helpful, but buying a home...
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HOUSES WITH DAM(P) BASEMENTS WON’T SELL
A real estate agent’s gut-wrencher: The prospect turns to hubby and says, “Isn’t this so homey and practical and just what we were looking for. Now, let’s go down and look at the basement.” They open the basement door and get the feeling that Noah must have been running an all-nighter down there!
“What did you say the asking price is? Hmmm, well we have a friend cross-state who just had their basement waterproofed and dried out and it cost them over fifteen grand, so we’ll just lower our offer by that much for openers so we can fix the basement.”
Well, with a little forethought and action, the sellers could probably solve that dam(p) problem for about 2 to 3 thousand and the new dry basement may very well become the final clinching selling point!
THE FOUR STEP SOLUTION TO A HAPPY
CLOSE—
1. Learn online: the why’s and how’s of basement water problems.
2. Fortify yourself by knowing the over-sell’s and the gotcha closings of the waterproofing professional salesman.
3. Choose a contractor who has been around longer than the last big rain.
4. Get a sign-off from the buyer that the work done will be acceptable without any further obligation on your part. The buyers will rely on a good contractor’s guaranty.
About the Author
Jack Overton has been in residential waterproofing sales, installations and service for 30 plus years. He has put together a 32 page illustrated volume that will tell you everything you ever wanted to know about basement waterproofing but were afraid to ask. It is a scambuster’s dream.
Visit www.NPImall.com for the download.
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