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A Buyer’s Perspective

Seller Options When The Appraisal Comes In Low

Are pre-approvals that important?

Dear Phyllis, Out of the blue, I went to an open house over the weekend, and really liked the home. I phoned my Realtor® and told her I wanted to make an offer. She told me I can’t make an offer without a preapproval letter from a len...

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Seller Options When The Appraisal Comes In Low

Must the buyer attend the final walk through?

Must the buyer attend the final walk through? Dear Phyllis, I recently purchased a home.  By the end of the process and for a variety of reasons I just didn’t want to have to meet the seller again. Although he knew I didn’t want ...

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Seller Options When The Appraisal Comes In Low

Timing the Final Walk Through

Timing the Final Walk Through Dear Phyllis, After a long search, we finally found the home of our dreams and are under contract to buy it. One thing that really doesn’t make sense is the final walk through. Our Realtor® explained t...

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How do you buy your first home

How do you buy your first home

With housing affordability at all-time lows, purchasing a home is beyond reach for many. So, how do you buy your first home? Ask for help. If your parents and or grandparents are in a position to help, ask for it. Many of my millennial h...

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How lazy can you be? 1

What are buyer’s agent’s duties?

There is a new trend among real estate agents. And it’s not good. There are a growing number of Realtors “representing” home buyers writing offers when the agent hasn't viewed the home. In a multiple offer situation, how can your Realtor ...

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Seller Options When The Appraisal Comes In Low

How to prepare to purchase a home?

How to prepare to purchase a home? Dear Phyllis, Our daughter recently graduated college and started working. My husband and I plan to help her purchase a home and were thinking next year would be a good time to begin to look. Can you...

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What is sweat equity?

What is sweat equity?

Have you heard the term "sweat equity"? According to Wikipedia, sweat equity is a party's contribution to a project in the form of labor, as opposed to financial equity, such as paying others to perform the task. Sweat equity has an applicatio...

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Winning the bidding wars

Why didn’t I receive a counter offer?

Why didn’t I receive a counter offer? Dear Phyllis, My fiancé and I made an offer on a house but due to the condition of the economy, our offer was low. Although we would have increased our offered price, we were never given the op...

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