Friday, January 30, 2015

7 Reasons Every Home Buyer Needs Representation In Portland Maine


I find more and more that buyers are calling the listing agent of a property and expect them to have their best interest in mind. The listing agent represents the seller in a transaction, and should always have the sellers best interest in mind. Anything you say to the listing agent can, and will most likely be used against you in a negotiation.
Your Greater Portland Maine Buyers Agent will know what to tell the sellers side without weakening your negotiating position. Here are some questions I want you to consider the next time you are on the fence about whether to use a Buyers Agent...
1) Do you know how to comprehend all of the local market data to best understand what is a good value, current trends, and absorbtion rates?
2) Are you familiar with a common residential real estate contract and how to interpret various clauses to protect yourself from making common buyer mistakes?
3) Do you know what not to say to the seller in order to avoid weakening your negotiating position?
4) Do you know the zoning regulations, building codes, and any other laws pertaining to real estate in the area you desire?
5) Are you familiar with the various loan types and special programs that you may qualify for?
6) Do you have the expertise to negotiate on your own behalf, especially if the seller has an agent negotiating for them?
7) Are you familiar with all of the documentation that is needed to complete a transaction in your desired area?
There is typically no fee for the expert services of a Greater Portland Maine Buyers Agent, the seller almost always pays the commission. There are times that a buyer can pay a commission if it is mutually agreed upon when signing an "exclusive right to represent contract". Many of the items can be negotiated in the contract; length of time, specific areas, specific homes, to name a few.
Don't be afraid of the agreement. the purpose is to protect the buyer and the agent. Make sure your Buyers Agent properly explains the agreement in its entirety, along with the process, so that you fully understand what you are agreeing to. Setting expectations upfront is critical.

Wednesday, January 7, 2015

Are You Considering Moving To Bronxville NY?



Bronxville is one of my favorite villages in all of Westchester County.  Not only because I was born in Lawrence Hospital or that my parents were born and raised here, but because it has a special charm that doesn't exist in many of the other towns.  The architecture is warm, historic, charming, and valuable!  Many don't realize that buying a home that is actually within the Bronxville school district can be quite a feat under a million dollars.  
Are you considering a move to Bronxville NY?  Many people often wonder if Bronxville is part of Eastchester or part of Yonkers.  Bronxville (and Tuckahoe) is a village within the town of Eastchester NY.  There are parts of Bronxville, outside the village that land in Yonkers.  So you will have a Bronxville PO box but Yonkers schools.  All residents of Yonkers have to pay an income tax surcharge of 16.75% of their net state income, more info can be found at http://on.ny.gov/1tfAFjy.  
The village of Bronxville is roughly one square mile, boasting gracious single family homes on pleasant streets.  The majority of homes are within walking distance to the train and one big reason many flock here from NYC.  There are a wide variety of coops and condos to choose from if you aren't looking to take on a single family home just yet.  One common element you will find is old world charm in all housing options.  Please keep in mind that a 2+ bedroom coop or condo in the Bronxville school district will greatly differ in price from one that is in the Yonkers district.  
If you are wondering if Bronxville is right for you I recommend taking a day trip, walking the town, and maybe even speaking to a few locals.  If you would like Bronxville real estaste listings that cater to your specific needs please feel free to visit my website www.WestchesterCountyRealEstateMarket.comemail me chris@legendsrealtygroup.net, or call direct on 914.406.9023.  I'm happy to do this with no strings attached.