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Sunday, 30 September 2007
Piqua Real Estate Sales 9/19 to 9/23/07
The local Multiple Listing Service reports these Piqua homes sold with real estate agents.
1410 Garfield - 3 bed, 2 bath, 1164 sq ft, list price $59,900, sale price $55,900, 49 days on the market
206 Cedarbrook - 3 bed, 1 bath, 999 sq ft, built 1982, original list price $69,500, list price at sale $60,000, sale price $63,850, 148 days on the market
1417 Garfield - 3 bed, 1 bath, 936 sq ft, l car garage, built 1967, list price $69,900, sale price $73,000, 66 days on the market
1609 South - 3 bed, 2 bath, 1275 sq ft, 2 car garage, built 1992, list price $94,900, sale price $98,000, 29 days on the market
421 Spotted Doe - 2 bed, 1.5 bath, 1267 sq ft, 2 car garage, built 1990, list price $109,900, sale price $105,000, 72 days on the market
1602 Nicklin - 3 bed, 1.5 bath, 1468 sq ft, 1 car garage, original list price $115,000, list price at sale $112,500, sale price $110,000, 73 days on the market
3605 Versailles - 3 bed, 1.5 bath, 1632 sq ft, 5 car garage, built 1834, 7.14 acres, original list price $204,900, list price at sale $199,900, sale price $193,450, 67 days on the market
105 Lakewood - 4 bed, 3.5 bath, 3056 sq ft, 2 car garage, built 1979, original list price $264,900, list price at sale $229,900, sale price $219,000, 681 days on the market
Keep in mind that the seller may have paid for the buyer's closing costs and/or down payment which reflect in the sales price. For more information on these homes, please contact Kathy Henne at 937-778-3961 or Kathy@KathyHenneTeam.com
Sunday, 30 September 2007
When you've found the home of your dreams, you don't want to delay in producing your offer to purchase, so it's a great benefit to know what to expect in advance. While there is no foolproof formula for negotiating a fair price, you can begin by looking at recent sales in the neighborhood and comparing their list price to their final sales price.
If homes are generally selling at 3% to 5% below list price, you have that starting point for determining your offer. Once a price has been accepted, it's time to put it into high gear by scheduling your home and termite inspections - if they have not already been completed by the seller. If habitability issues are discovered, the seller may repair the items or offer an amount of cash for you to make the repairs after closing.
Since you already had your pre-approval letter before you started your home search, now you'll need to finalize all the paperwork with your loan officer. At this time, your loan officer may also require some money from you for the appraisal. The appraisal is performed by the appraiser and establishes for the bank the value of the home you are purchasing. If you are obtaining a government backed FHA or VA loan, the FHA & VA appraiser is also the FHA & VA inspector for the home. Any items on the FHA or VA appraiser's report will need to be repaired prior to closing or the loan will not close. After the items are repaired, the appraiser will usually be required to come back and sign off on the repairs. As a buyer, you may also want to do a walk through the home prior to closing.
As these few considerations are just the tip of the iceberg, your best bet is to always work with an experienced, professional real estate agent whose objectivity and knowledge will help guarantee a smooth transaction.
Sunday, 23 September 2007
Piqua Real Estate Sales 9/10 to 9/16/07
The local Multiple Listing Service reports these Piqua homes sold with real estate agents.
124 Carr - 3 beds, 1 bath, 960 sq ft, original list price $59,900, list price at sale $54,900, sale price $51,000, 112 days on the market
925 Broadway - 3 beds, 1 bath, 1343 sq ft, 1 car garage, list price $86,900, sale price $86,900, 141 days on the market
7060 McDowell - 3 beds, 1 bath, 1362 sq ft, built 1959, 2 car garage, list price $109,900, sale price $99,000, 22 days on the market
520 W Ash - 4 beds, 2 baths, 2240 sq ft, built 1920, 2 car garage, original list price $125,900, list price at sale $102,900, sale price $106,700, 359 days on the market
8360 Shady Lane - 3 beds, 2 baths, 1640 sq ft, built 1961, 2 car garage, list price $169,900, sale price $160,000
Keep in mind that the seller may have paid for the buyer's closing costs and/or down payment which reflect in the sales price. For more information on these homes, please contact us at 937-778-3961 or Kathy@KathyHenneTeam.com
Sunday, 23 September 2007
As a seller, you'd prefer a nice clean, unconditional offer at full price, right? One way to encourage such confidence among potential buyers is to have whole house, termite, well and septic inspection reports available during the showings, as well as any receipts for the repairs that you've made. Why order an inspection when the buyers will probably do so anyway? Because when you take the initiative and perform repairs at the beginning of your listing, you are basically presenting a clean bill of health for your home.
Prelisting inspections are becoming a popular way to give sellers an edge in competitive markets. Taking such action also provides a great opportunity for you to take care of problems that otherwise might come back to bite you. Buyers today are armed with more knowledge than in the past, and they recognize the security offered when the seller is forthright and demonstrating that there is nothing to hide.
When you've completed the inspections and required repairs, you'll be more likely to receive offers that do not require any additional inspections. This will save time and allow for quicker closings. If the buyer does decide to have more inspections performed, you can have a greater sense of confidence knowing that there won't be any big, unhappy surprises waiting for you.
If you have any doubts about whether a prelisting inspection will improve your chances for an early sale, call or email me. I have lots of other suggestions for successfully marketing your home. Having the inspections performed in the beginning will save you time, stress and money!
Sunday, 16 September 2007
We all know how stressful a move can be, but if pets are part of your family, there may be an added level of anxiety. Many real estate agents have practical knowledge from working with families with pets, and experience has proven that there are some simple steps you can take to alleviate the stress on your four-footed friends.
First be sure that your pets are wearing current tags. It's wise to have your cell phone number with area code as part of the tag's information, so that you can be reached in a pet emergency.
Have a reasonable supply of any medications and food, so that you're prepared during travel and upon arrival. Before you move, do some research in your new area to locate a new veterinarian or ask your current vet for a referral. Be sure to pick up copies of your pet's current vet records so they'll be ready to transfer.
When moving day arrives, seclude your pet from the chaos in a quiet room with a "Do Not Disturb - Pets Inside" sign on the door. In your new home, be sure to immediately set out all your pet's cherished belongings, like favorite toys, bowls and bedding.
As we all know, pets keenly perceive emotions. Taking a few steps to be prepared will help reduce your anxiety, and your pet will hopeful follow suit. Consult with your veterinarian for other excellent moving day advice.
Tuesday, 11 September 2007
Piqua Real Estate Sales 9/1/07 to 9/9/07
The local Multiple Listing Service reports these Piqua homes sold with real estate agents.
761 Gordon- 3 beds, 1 bath, 1099 sq ft, built 1956, list price $59,900, sale price $59,000, 49 days on the market
1115 Lincoln - 2 beds, 1.5 baths, 1076 sq ft, built 1958, list price $72,900, sale price $65,000, 238 days on the market
1011 Park - 3 beds, 1 bath, 2097 sq ft, built 1864, 2 car garage, original list price $89,900, list price when sold $77,100, sale price $77,100, 160 days on the market
526 Gray - 3 beds, 1 bath, 1824 sq ft, built 1926, 1 car garage, list price $95,900, sale price $90,000, 356 days on the market
208 Levering - 3 beds, 1.5 baths, 1300 sq ft, built 1956, 2 car garage, list price $127,900, sale price $118,000, 82 days on the market
7191 Spiker - 4 beds, 2.5 baths, 2080 sq ft, built 1959, 3 car garage, list price $181,900, sale price $179,900, 32 days on the market
Keep in mind that the seller may have paid for the buyers closing costs and/or down payment which reflect in the sales price. For more information on these homes or any homes please contact us at 937-778-3961 or Kathy@KathyHenneTeam.com
Sunday, 09 September 2007
August 2007 Piqua Real Estate Home Sales
The local Multiple Listing Service has reported these Piqua homes sold with real estate agents in August 2007.
1800 Margene - 3 beds, 1 bath, 962 sq ft, built in 1962, 1 car garage, list price $82,900, sale price 81,000, 63 days on the market
1017 Boone - 3 beds, 2 baths, 1510 sq ft, 1 car garage, list price $89,900, sale price $92,000, 30 days on the market
1711 Cambridge - 3 beds, 1.5 baths, 1408 sq ft, 2 car garage, built in 1968, list price $92,900, sale price $94,900, 648 days on the market
1510 Madison - 4 beds, 1 bath, 1231 sq ft, built in 1930, 2 car garage, list price $97,900, sale price $95,000, 50 days on the market
629 Cottage - 3 beds, 1 bath, 1532 sq ft, built in 1911, 1 car garage, list price $97,500, sale price $97,000, 115 days on the market
806 W High - 4 beds, 3 baths, 1862 sq ft, built in 1920, 2 car garage, list price $100,000, sale price $100,000, 105 days on the market
421 Deerwood - 3 beds, 2 baths, 1388 sq ft, built in 1998, 2 car garage, list price $129,900, sale price $129,900, 36 days on the market
1243 Park Ave - 3 beds, 1.5 baths, 2184 sq ft, built in 1928, 2 car garage, list price $154,900, sale price $147,450, 212 days on the market
1230 Statler - 3 beds, 1 bath, 1576 sq ft, built in 1977, 2 car garage, 12 acre lot, list price $184,500, sale price $175,000, 128 days on the market
2010 Piqua Clayton - 3 beds, 2 baths, 2084 sq ft, built in 1962, 3 car garage, list price $186,000, sale price $186,000, 2 days on the market
30 Kestrel - 3 beds, 2 baths, 2068 sq ft, built in 2001, 2 car garage, list price $189,900, sale price $189,000, 158 days on the market
9475 Meckstroth - 3 beds, 2 baths, 1969 sq ft, built in 2004, 2 car garage, list price $249,900, sale price $245,000, 42 days on the market
Keep in mind that the seller may have paid for the buyers down payment and/or closing costs which reflect in the sales price. For more information on these Piqua real estate sales, contact Kathy Henne @ 937-778-3961 or email us @ Kathy@KathyHenneTeam.com
Sunday, 09 September 2007
Piqua Real Estate Selling Mistakes
Don't price your home too high. It is no secret that price is everything. Over pricing does more to discourage buyers than any other single factor. When you overprice, you put your home in competition with homes that may be newer, larger or have more amenities than yours. You help your competition sell their homes. This leads to long days on the market and costs you money in the long run. Listen to your Piqua real estate agent who knows the market.
A home that is not in top condition will not excite buyers. A home like this is considered by buyers to be a money pit. Having your home in good repair and great showing condition will significantly improve your chances for a sale at top dollar.
Dreary, dark homes don't sell. Buyers like light and bright homes. Dark carpets and paint make rooms look smaller and turn off buyers. Open the curtains and let the sunshine in. Put a coat of lighter paint over dark walls.
Don't over improve your home. You may not get your money back for a complete remodel of your kitchen, adding decks or expanding rooms. Before you jump into a huge improvement project, get some good advice from your Piqua real estate agent.
A bad roof, peeling paint or electrical problems may keep your buyer from getting their loan. Some loans require your home to meet certain criteria. The appraiser will note these problems for the lender. If you do not make the repairs, the lender will not finalize the loan. You will have lost a lot of marketing time with a buyer that will be unable to purchase your home. Some electrical issues will prevent your buyer from getting insurance coverage. Lenders require the buyer to have insurance on the property or they will not make the loan.
Leave your home prior to all showings. The buyers and their agent will not be comfortable discussing your home with you present. The buyers will cross it off their list because they don't have a good feeling about your home.
When you get an offer on your home, be ready to make a decision. If you let an offer sit around without acting, you're making a huge mistake. Things can change quickly in the mind of a buyer. You need to act while the excitement and interest levels are at a high point and before "Buyers' Remorse" can set in.
Get your home in great condition and get on with your life.
Sunday, 09 September 2007
Attracting buyers has turned into quite the competitive sport. Once you catch a buyer's attention with a favorable asking price, how do you encourage them to select your home from the other choices? Namely, assault their senses!
Since first impressions do count, you should start at the front door. Apply a fresh coat of paint and shiny new hardware. On the inside, paint the walls with neutral colors. If you don't want to use off white or eggshell colors, some designers recommend golden beige and sandy tans to capture the buyers' hearts.
Now make the buyers' eyes dance around the home, taking in shiny new faucets, bright light fixtures, and attractive door knobs and cabinet pulls. Make sure all light fixtures have all the needed light bulbs. Missing light bulbs make rooms feel less inviting. The buyers may decide that you're trying to hide something from them in the rooms with the missing light bulbs. Like jewelry, they accessorize your home. These details can make quite a statement about your pride of ownership.
Another way to show off your home is to reduce your furnishings by at least 25% throughout the house, even if you have to pay for a storage unit. This will convey a sense of open space to potential buyers as they size up the interior of your home for their own belongings.
Finally, when your home is being shown, you can subconsciously influence buyers through their noses. It may sound silly, but it's proven that a home smelling of freshly made bread or cookies generates more offers. Of course, a spotless kitchen helps increase the impact.
Conveying cleanliness and comfort throughout your home will make a lasting impression, so don't overlook the power of the senses. Make the wonderful sights and delicious smells of your home pull the buyers back with their offers to purchase. It will be worth the effort.
Wednesday, 05 September 2007
Piqua homeowners who are preparing to sell realize there's quite a bit of competition out there. While presenting your home in model condition is one of the best ways to win the attention of potential buyers, be careful to avoid the pitfalls of over improvement that may not produce the offer you are expecting.
First and foremost, do not try to out-do the other homes on the block. Yes, you want your home to stand out, but not so far out that your asking price will have to be significantly higher than those of the homes around you. You'll price youself out of the market in your own neighborhood while waiting and waiting for those offers that aren't going to come.
Second, "if it ain't broke, don't fix it!" Don't waste your time and money on improvements that will not pay off. You can't know for sure if buyers will respond positively to your idea of an "improvement." When you make improvements, you need to keep in mind that you're making them for your enjoyment and the enjoyment of your family. You're not going to get back the money you spent on a dollar for dollar basis. You'll have the enjoyment out of the improvement and you'll be paying for that enjoyment. Before you make any improvement, call or e-mail me. I can share my past experiences and give you valuable insight into the likes and dislikes of potential buyers for your home. Don't over do and just stick to the basics.
Speaking of basics, the most important rule to follow is that of regular upkeep on your home. Keep on top of your regular maintenance so you won't feel overwhelmed with last minute repair items. A clean, well cared for home will appeal to buyers. They're looking for a home that they can see themselves living in. Give them a clean, fuctional canvas and they'll envision yours as the home of their dreams.
Wednesday, 05 September 2007
Imagine choosing your next home, and then offering to pay cash. Think you would get the seller's attention? Would paying cash strengthen your value as a buyer? Whether or not you have the financial strength to pay cash, you can still gain the same advantage with very little effort.
To sellers, receiving the "cash" might simply mean getting all of their equity they've built up in the house. The source of the final settlement check may be of no consequence to them. It doesn't matter if the bulk of it comes from a mortgage lender or from your savings account.
The real benefit of a true cash offer is that the sellers need not worry that the buyers will not qualify for their loan. So, what if the buyers were already approved for their mortgage before even approaching the sellers? They inspect the sellers' home, make a firm offer, and present a mortgage approval letter from the lender. Voila! An essentially "cash" offer has been put forth!
The first step in any home purchase today should be a visit to a great local lender. By providing the required financial information up-front, before even looking for a home, buyers can gain the advantage of making an offer to the seller that is as good a cash. An added bonus is that they'll know exactly how much home they can afford to buy and what the payments will be. No sticker shock! No post contract heart attack. Just happiness and smiling faces.
Planning to buy a home? Want the sellers to take you seriously? Obtain your mortgage approval first for a very satisfying home purchase experience. If you need some guidance in choosing a lender, contact me. I'll be happy to give you information on our great local lenders. Take a bit of time up-front to do your home buying homework and get pre-approved for your loan.
Wednesday, 05 September 2007
Are you currently renting in Piqua? If so, it's high time you considered owning your own home. Interest rates are great and mortgage options are so plentiful that there is no longer any argument that justifies paying rent.
You can turn your hard earned money into equity. Equity is the difference between what you owe on your loan and the value of your home. The more equity you build up, the more financial security and power you have.
Among renters, the number of families that spent more than half of their income on housing grew by 24% over the last few years. You work too hard to simply give away that money, when you could be making it work for you in the form of home ownership.
Do you think that you may not qualify for conventional financing? Contact a real estate agent who can help direct you to a good local lender. The lender can explain financing options to you. Do you still think you need a 20% down payment to get a loan? You don't! If you have good credit, you can purchase a home with very little or no out of pocket expense. There are hundreds of loan programs available to you.
Many times your house payment is lower than the amount you are paying in rent right now. If your new loan is a fixed rate mortgage, you're always going to know what your payment is going to be. Can you say that about your rent payment? If you own your home - it's yours to live in and enjoy. If you're renting a house and the owners' son wants to move into it, you're going to be checking the classified ads under housing.
Right now the buyers in Piqua have a wonderful opportunity to purchase a home. Interest rates are still good, there are lots of homes to choose from, and hundreds of loan programs. Don't miss out on this opportunity. You'll never regret owning your own home.
Wednesday, 05 September 2007
Do you want to add to the appeal of your home when selling? Aside from the basic mechanical or cosmetic repairs your home may need when you list it, there's one other easy and inexpensive way to make buyers feel good about purchasing your home. It's called a home warranty and for years it's been a popular marketing tool, especially for older homes.
We all understand that appliances and home systems like heating and air conditioning eventually wear out or break down. Unfortunately, they usually choose the day the new buyer moves in to break down. By offering a home warranty to buyers, they are actually receiving peace of mind, since the warranty will cover most repairs to appliances and other systems for the first year of new ownership. They may also cover some systems for the seller during the listing period.
Let's pretend you are the new buyer and the first week you move in, something breaks down. What are your first thoughts? Maybe the seller knew about it and didn't disclose it to me. Maybe it was making a funny noise and that seller knew it was about to go out. But if there is a home warranty in place, you'll think - I'd better call the home warranty people right away and get it fixed. So, everybody's happy. The buyer is happy because it's fixed and the seller is happy because they did not have to deal with the problem.
If the seller is not offering a home warranty with the property the buyer is writing an offer on, the buyer can ask the seller to provide a home warranty for them as part of the contract. If the seller cannot understand the value of the home warranty, the buyer can purchase the home warranty for themselves at closing.
Having a home warranty will increase the likelihood of getting an offer on your home. To file a claim, the buyers call a single toll-free number to arrange for repairs for any item covered in the policy and pay the deductible. A point to remember when you have a home warranty is to always report the problem to the home warranty company right away. The home warranty company needs to be informed of the problem and they will tell you which local, competent repair people to call. If you handle the repair yourself and then send them a bill, they will not pay it. Home warranties are so practical that buyers often continue their coverage past the first year.
When selling your home, ask for a home warranty. You'll find that this minimal investment could pay off in a great offer from confident buyers!
Wednesday, 05 September 2007
Are you ready to begin your Piqua home search? You've got your preapproval letter from your loan officer, so you know how much you can afford. If you are preapproved for a VA or FHA loan, you understand that the home you choose must meet certain criteria because these loans are government backed loans. You do research on the internet and gather up all the real estate books at the grocery and spend a fortune in gas driving all over the county trying to figure out where these homes are located. With so many homes advertised and so many real estate companies to choose from, will you need to call them all to gather information about each of the homes you like?
No! You only need one Piqua agent, no matter how many homes you want to see. Actually you should choose an agent before you even begin your home search and here's why.
Trust - you need to find an agent you trust to look out for your best interests. You do not want someone who will slam dunk you into a house just for a check because they have a car payment due soon. You need to be able to trust the agent you choose to always think of what's best for you.
Confidential information - you need to feel comfortable confiding personal information to your agent. They need to know information about you that is confidential. You need to feel that your agent will keep your information confidential. If the agent you're spending time with is telling you confidential information about other people, you may have some concerns about sharing your confidential information with them.
Negotiating skills - the negotiating skills of your agent are priceless. When you are writing an offer to purchase a home, you want to have an experienced negotiator working for you. Writing an offer is more than just arriving at a price. You want your agent to look at the whole picture - inspections, closing and possession dates, financing contingencies and earnest money deposit. It may seem like a small item when your agent asks the seller to leave propane in the tank when you take possession. But, if you take possession during the winter and the seller has had the propane company come and drain all the propane out of the tank and you don't have any heat or hot water, it suddenly becomes very important to you. When you are writing an offer to purchase, you want to have all the i's dotted and t's crossed.
Experience - you want someone who has handled every kind of situation that may come up during your home purchase. You want someone with the knowledge to handle the situation and get it resolved quickly
Most agents are able to show you not only their own listings, but those of all the other agents, too. This enables you to view the homes you are interested in without the inconvenience of moving from agent to agent. This is the basis of our Multiple Listing Service. Through the Multiple Listing Service, the real estate companies provide each other with complete information on all homes for sale, so you can work with one agent to obtain details about any property you choose. This reduces the tedium of explaining your objectives over and over with different agents.
Your loyalty is very important to your real estate agent. When they feel you are being loyal to them, they will work harder for you. When a great property comes on the market, the agent makes sure all their loyal clients know about it. If you've been bouncing around from agent to agent, you may not have the opportunity to buy that great home. Each agent will assume the other informed you about the house, so you'll miss out.
Your agent will take the time to locate specific homes that may fit your needs and help you eliminate those which are unsuitable. Finally, your agent will set appointments for you to view the homes you've selected. Taking time to select an agent first will save you untold hours of searching and frustration. You'll find the right home and your decision will be easier than you expected.
Wednesday, 05 September 2007
Three months ago, you splurged and bought a new microwave oven that is sitting on your counter. On their birthday, you gave the kids a new super-deluxe swing set and sandbox. For Father's Day, a new riding lawn mower appeared in the garage. How would you like to give them all away?
When selling your home, you are agreeing to sell the "real estate" you own, which includes the land and any "improvements" on the land, i.e. the house, garage, fence, concrete driveway, deck, and even the ingroung pool, if you have one. Improvements are often defined as "anything which is permanently affixed to the property," i.e. drapery rods, built-in dishwasher, garage door opener, attached light fixture, etc.
Everything else (not attached) is considered "personal" property, and is not automatically included with the sale of real estate. A few examples might include drapes, freestanding range, refrigerator, riding lawn mower, etc.
When selling you home, make it clear to your agent what personal property is included in the sale. A statement to this effect can be included in your listing agreement with the agent. Nevertheless, keep in mind that some buyers will make their purchase offer contingent upon your leaving certain items of personal property.
If this happens, don't be offended. Items other than the real estate may be considered negotiable in the buyer's mind. If the request is not acceptable to you, you may counter-offer and state that the personal items will not be left with the property. It's alwalys a great idea to have an information sheet available for the buyers at your home which states which personal items are staying and which are not staying. It's better to let the buyer know about the items up front. It will avaoid personal property issues later on.
Wednesday, 05 September 2007
Have you ever considered selling your home "by friend?" Everyone wants to avoid paying more than they have to for goods and services. But as the saying goes "you get what you pay for." Sometimes sellers consider letting a "friend in the business" handle their sale.
While your "friend in the business" may be willing to provide services at a reduced cost, what will you be getting for your money? Will you be getting reduced services and marketing? Is your friend working in real estate full time or just dabbling with it when they have time? When your potential buyer wants information about your home, will they be able to get it quickly and easily or will they become frustrated when they are unable to reach your friend during normal business hours?
Ask yourself this question. How close is your friendship and what do you want your friend to know about your finances? You will need to disclose mortgage details, financial background, etc. to your agent. Will you need to be concerned that your friend may disclose any of this confidential information to others in your circle of friends?
Even if you're comfortable discussing these details with your friend, be prepared for the unexpected. The stress and anxiety of selling can make anyone edgy and irritated. Would you take a chance on damaging your friendship? Wouldn't it be better to turn to an expert who understands what you're going through? Someone who can provide answers and alternatives when you need them? Someone who has the experience to handle all the bumps in the road that may occur during the sale of your house?
Feelings get hurt when friends face problems in their business relationship. When you're ready to sell, contact a full time, professional real estate agent. They can objectively handle the transaction. Suddenly, you've sold your home and made a new friend.
Monday, 03 September 2007
What is the primary objective for a buyer when negotiating the purchase of a home? Would it be fair to say that the buyers want the lowest price possible with the most liberal terms? And what about the sellers of a home? Would you agree that the sellers want the highest price possible with the terms most favorable to them?
It's pretty easy to see then that the buyers and the sellers in a real estate transaction each have goals that are diametrically opposed to one another. As a result, they can each become highly anxious, emotional, and especially frustrated by the negotiating process. The solution is to create a "buffer zone," or an arena in which negotiations can be carried out in a logical, businesslike and objective manner.
This can best be accomplished through the use of a reputable real estate company and its agent. Here's why: although a real estate agent may represent either the seller or the buyer or sometimes both in a purchase transaction, all parties must be treated equally and fairly.
Also, not being emotionally involved in the transaction, the agent becomes an objective or "neutral" participant - the "buffer." Thus both buyers and sellers can seek advice, make comments, offers, and counteroffers without fear of raising each other's anxiety levels. The result can be a highly rewarding home purchase and sale for both the buyers and sellers.
Sunday, 02 September 2007
The local Multiple Listing Service reports these recent sales in the Monnin Estates Subdivision with real estate agents.
9475 Meckstroth - 1969 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $245,000. It was on the market 42 days.
1725 Steinhilber - 2496 sq ft, 4 bedrooms, 2.5 baths, 3 car garage, sold for $260,000. It was on the market 96 days.
1640 Stockham - 2000 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $160,000. It was on the market 132 days.
1580 Stockham - 1476 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $155,000. It was on the market 330 days.
Monnin Estates is a small subdivision off Country Club Road. The homes range from older homes built in the 1970's to newer homes. They are on large lots and very well maintained. These homes have quick access to I-75 and the ever expanding commercial development on Piqua's east side.
Sunday, 02 September 2007
The local Multiple Listing Service reports 3 recent sales in the Parkridge Subdivision with real estate agents.
1815 Carol - 1512 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $117,500. It was on the market 194 days.
1828 Britton - 1519 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $135,000. It was on the market 244 days.
1912 Beckert - 1523 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $142,500. It was on the market 139 days.
1819 Park - 1440 sq ft, 3 bedrooms, 2 baths, 2 car garage, sold for $108,500. It was on the market 121 days.
The Piqua real estate market is still active. The days on the market are a bit longer, but homes are still selling. The Piqua buyers have a lot of inventory to choose from, so they are picking the homes that are offered at the best price and are in the best condition. Buyers also prefer homes that have been pre-inspected and have had the habitability repairs completed. Sellers who have their homes pre-inspected when they are first placed on the market have less stress after their home is contracted because the inspection surprises have been eliminated.
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