On This Episode:
[1:08] – What is an appraisal?
[2:15] – Some of the common issues with an appraisal.
[4:45] – Adjustable Rate Mortgages vs. Fixed Rate Mortgages.
[6:40] – So, which mortgage does the average person typically end up with?
[7:58] – Closing costs. What are they and how much are they typically?
[9:45] – As-is. What does it mean when a home is listed “as-is”?
[11:36] – “Days On Market.” Why is it important for a buyer to know the days on market for a home and is it an important metric for sellers as well?
[12:40] – Colleen compares her “days on market” numbers to the average market in central Oregon.
[14:45] – Find out the potential listing price of your home by texting “Listing” to 77222 from your smartphone.
“If you’re a seller and you want to sell “as-is,” I highly recommend that we talk about what that truly means. There’s always a way we can structure the offer to have room in there for some of the repairs that are needed, so the buyer feels comfortable… yet the seller nets what they need to net.” – Keeping It Real Estate Podcast