Steven E. Applegate REALTOR® - Notary Public - Real Estate Investment Group
399 Spotswood Englishtown Road
Monroe Twp, NJ 08831
steven
FOR SALE BY OWNER AND AN AGENT’S HELP
Homes that are listed as "For Sale By Owner" can be very enticing to potential buyers who are looking to save a bit of money. Most sellers decide to sell their homes themselves in order to avoid having to pay commission fees to real estate agents. They are then likely to be flexible with their asking price. Buyers often know this, and see FSBO properties as an opportunity to get a good deal on a property.
Agents however, know that a FSBO purchase can be riddled with complications that neither the buyer nor the seller may see coming.
A great deal of homes that are put on the market without an agent are listed far above the price that they should be. If a buyer doesn't have an agent representing her, she may be wholly unaware of the fact that the property she is interested in is overpriced. She could end up spending thousands of dollars more than she needs to. A buyer's agent will be familiar with local market conditions, and will be able to advise his client about property values and appropriate asking prices. A buyer's agent can help client avoid being taken advantage of.
While some FSBO sellers are willing to negotiate price, others are not. They are often emotionally invested in their homes, and may be unwilling to budge on their asking price. For a buyer without an agent, there is little that he can do.
Some sellers decide to list their homes themselves as a means of concealing problems with the property. A buyer without any representation may take the seller's word on the condition of the house, and end up with costly problems down the road. Of course, in many cases the seller is unaware themselves of problems with the property, but their ignorance does nothing to lessen the financial blow that certain structural problems can cause.
Because FSBO sellers are not professionals, there are many details that go along with the home buying process that they may not be aware of. Aside from knowing about any problems that the property has, they may not have accurate information about square footage of the house, or where the property lines are. This information is very important for a buyer to have, so it is wise to have an agent by her side, who can find out all the technical details about a property, as well as any potential pitfalls the purchase may present.
A buyer's agent can also assist in obtaining all the necessary paperwork that the seller may not know about. Even a seller that knows which forms are needed, may take his time in acquiring it, thereby wasting the buyer's time. An agent can speed things up and make sure that everything is in order.
If you don't have an agent, and you are considering purchasing a home that is listed as "For Sale By Owner," you could be taking a big chance, as both you and the seller are novices in this field. Required paperwork may be missed, which could lead to legal issues in the future, and price negotiations are much more difficult without having a seasoned professional at your side.
A buyer's agent is invaluable even during the smoothest transactions, but when dealing with an FSBO house, an agent will be crucial in making the process go smoothly and with the fewest amount of headaches. Without an agent, you could be groping around in the dark, trying to decipher the ins and outs of the real estate industry. Get a professional in your corner, and you can breathe easy during the house buying process.
RELOCATION TIPS
Relocation services exist simply because there is nothing permanent in this world except change. People grow, change careers, get married, and start life anew.
There are several reasons why people decide to move. But one thing is constant, moving is a meticulous process that requires attention to detail, careful planning and money. If you are about to embark on a major move from your current place, it is wise to learn as much as possible about moving itself. Most importantly, get help from experts such as relocation service providers.
How to Find the Right Relocation Service Provider
The internet is the best place for you to start looking. You will be able to compare prices. Do not just focus on the cost that they quote, but also the services included in the package they are offering you.
Make a list of everything that you want help for before contacting any relocation service company. Knowing what you want makes it easier for them to quote a price. You will also be sure which company is most responsive to your needs.
Be aware that the moving industry has heavy and light workloads at different times of the year. You will get to know more about this when you start talking with the companies. This can definitely affect the moving cycle time and the price they will offer you.
What to Look for in a Relocation Service Provider
Not all relocation service companies are created equal. They have their own areas of specialization, too. Some are better in international relocation, family relocation or corporate relocation. Some companies are even able to help you locate the nearest vet for your dog or job prospects for your spouse. Your personal circumstances will dictate which company is best for you.
Before choosing a relocation service provider, know exactly how much time you have before the actual move. Some companies have shorter relocation cycle times, making them the best candidates if you are in a rush.
Most relocation service companies offer comprehensive moving assistance, from renting out or selling your current home to looking for a new place in the area where you are relocating to, plus other helpful details like giving you important addresses in your new place (i.e., hospitals or schools) or booking for your trip.
While moving to a new place is definitely a major undertaking, it can be made more manageable with good relocation services. It is only a matter of finding the right company. Once you find it, it is like moving with a friend who will be there for you when you leave and when you arrive in your new home.
EMPLOYEE RELOCATION FACTS AND FIGURES
There are so many variables to keep track of when trying to make a decision about employee relocation, without facts and figures to assist your decision making process, you might as well just flip a coin. Not only do you need to be aware of all the things your employee relocation package is offering you but also, everything that it doesn't include that you might need it to.
Any offer, whether it's from a current employer, a prospective employer or a corporate headhunter, should be considered first in the context of cold hard cash. Will you be getting a pay raise? How does that compare to the cost of living in the new area versus your current level of expenses? Even if you're able to make a profit on the sale of your home, will you be able to buy a home in the new area with the proceeds? When considering the cold hard cash aspect of employee relocation, facts and figures are indispensable. Making a chart to assist your decision making process is never a bad idea.
You'll also want to consider how it will impact your personal life. If a young single person, this might mean very seriously contemplating the quality of life in the new town versus your current home. You may have personal relationships or family duties that make such a move impossible. On the other hand, you may be craving life in a bigger city or a more temperate climate. For those who've not set down root yet, the best thing that could happen to you might be employee relocation, facts and figures be damned.
On the other hand, a more rational approach is usually called for when dealing with mid-career executives and those with families of their own. Not only will the wishes of a spouse and children need to be considered, but when considering a package that includes employee relocation, facts and figures that suggest it might be to your financial advantage to do so will be of little use if your spouse is dead set against it.
In the end, it will take a long time to make a list of all the expenses that you might incur during employee relocation. Facts and figures don't lie, though. Be as thorough as possible when considering an offer of assistance. If it's not in writing, then it's just a promise. Once you have a piece of paper that gives you a clear outline of what you will and won't be paying for, who will be assisting your with the move, what services are not covered and what you'll be responsible for paying taxes on (never, ever forget the tax man), you'll have a better idea of just what a good idea this opportunity really is.
CONCERNING YOUR CHILDREN
Relocating to a new home is an exciting time, but it can be especially traumatic for children. Moving to a new place is particularly difficult for children, because they don't always have the strategies to handle new situations that adults have. Twenty percent of all American families move to a new home each year, and it is important to help children adjust to their new living environment. Uncertainty, frustration, and anger are common feelings for children before, during, and after a move. Here are several ways to help ease the transition for your children as your family prepares to move:
1. Tell your children about the move early.
Allow your children plenty of time to accept the fact that your family is moving. It will probably take some time for them to understand and come to terms with a move. Be understanding of their feelings and remain positive. In the beginning, your children will likely show signs of anger or depression. Don’t panic! This behavior is normal. When children have time to prepare mentally for a move, the transition will go more smoothly.
2. Help them see the benefits to the family.
Your children may show disappointment or sadness when they first learn of your plans to move. Be prepared to explain why the move is beneficial to your family’s unique situation. Empathize with their doubts and negative feelings, but respond to them with positive comments. Explain how the family members’ lives are going to be better because of the move.
3. Take them to visit the new home and neighborhood often.
Get your children accustomed to the sights and sounds that will soon be part of their daily lives. The more you visit the area before the move, the easier it will be for children to feel comfortable there. Drive through the neighborhood, pointing out all the exciting and wonderful things you notice. Your enthusiasm will be contagious, and soon your children will be looking forward to the move as much as you are!
4. Make a list of things they can do in the new area (parks, mall, new school, new friends, walking trails, community pool, etc.).
Come up with as many activities as possible that will be available in the new neighborhood. Let them know how exciting life will be in the new home. Help them to see that they won’t be losing their old friends, just adding new ones. Be ready to explore the things on your list with your children. Use this time as family-bonding experience. Have family members help each other through a somewhat difficult time.
5. If the builder holds a “Meet-Your-Neighbors Party,” be sure to bring your children!
Builders are interested in creating communities that exist in harmony, and they will arrange appropriate activities to help neighbors get to know each other. Be open to attending parties and social events and bring the children. Often, children are better at meeting new people and making friends than adults. They may introduce you to some new people!
MOVING TIPS
No one likes moving. Not even professional movers. But they are the people you should call when it comes time to move your belongings from on place to another.
There are some rules of thumb how to choose a moving company. First, make sure they are licensed and insured, because otherwise you might have a variety of unpleasant surprises. The movers might not show up, may damage your furniture or other items, and if they are not insured, you won’t get any reimbursement. Also, many unlicensed movers use bait and switch techniques, and you might end up paying way more than quoted. The worst thing is that you won’t even be able to complain to local authorities since it is your responsibility to make sure the moving company you hire has proper documentation.
There are several ways to find professional licensed help for your move. The fastest and probably the best way to do this is to use Google, Yahoo or MSN. Type in “Chicago movers” or “Chicago moving company” if you live in metro Chicago, and you will end up with at least 20 reputable options.
Another way is to use good old Yellow Pages. While internet has been rapidly pushing print Yellow Pages away from the market, the majority of moving companies are still advertising there.
A third way to find a moving company is to ask your family or friends for referrals. Most likely, they will be able to recommend you a company or two they used in the past and let you know of their experience with them.
Whichever way you choose, there is one and most important factor you should take into account. Yes, you guessed right – make sure they are licensed and insured, and you have much less headache on your move day!
Steven E. Applegate REALTOR® - Notary Public - Real Estate Investment Group
399 Spotswood Englishtown Road
Monroe Twp, NJ 08831
steven