Long Distance Buying

"In August of 2000 my husband and I started looking for a home on Martha's
Vineyard. Although we have bought and sold many homes in our life, living in
Florida, we were very nervous about the entire 'long distance' process.
After reading several articles about the pluses of using 'buyers agents' we
decided to work with Fred Roven at MV Buyers Agents. Fred not only spent
days showing me homes while we were vacationing on MV, but continued to
e-mail and call me regularly with information and pictures of homes he
thought we would like as they came on the market. He went to the building
inspectors in various towns to see what renovations could be done on some of
the properties we looked at and never was too busy to find out answers to any
questions we had. In December of 2000, we flew up for a look at a home Fred
thought would be perfect for us and it was. We closed on our home in May of
2001. The level of personal attention we received from Fred was above and
beyond any of our previous experiences purchasing real estate and we would
highly recommend MV Buyers Agents to anyone." 

Frank and Jane DelVecchio, FL & Martha's Vineyard

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Closing or Settlement >Net Sheet for Sellers When you consider what price you should accept when selling your home, there are two important factors that will influence your decision. The first factor is the basic sales price. The second, and more important, is the amount you will actually receive from the proceeds at the closing. Your real estate agent will prepare a seller's "net sheet" showing what your expenses will be. This will aid you in determining who pays what and when. It can help you to focus on the details of the sale. A seller's expenses will include brokerage fees, real estate settlement fees, title insurance fees and special assessments. In some cases the buyer may ask you to pay some of the loan fees. Local real estate taxes will be pro-rated for you and the buyer, and you may be asked to place funds in escrow for payment of your final water bill. Subtract your mortgage balance any home improvement loans and other liens against the property that will be paid at the closing to come up with your final figures. Your real estate agent can go over all of these factors with you when you list your home for sale and again as offers come in. See All Tips In The "Closing or Settlement" Category > See Complete Library Of Hundreds Of Tips In 30+ Categories >

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