Earl Krakower
HUNT Real Estate ERA
3300 Monroe Avenue
Rochester, NY  14618
585.721.3275
earl @ earlkrakower.com

EarlKrakower.com

 

Seller's Resources - Table of Contents...

 

Overview of the Buying Selling Process

 

The Buyer...
1. Considers the purchase of a home.
2. Selects a real estate agent.
3. Determines needs and wants.
4. Discusses financial issues.
5. Views researches target homes.
6. Makes an offer to buy.
The Seller...
1. Decides to sell property.
2. Selects a real estate agent.
3. Determines needs.
4. Prepares home for marketing.
5. Agent markets the home.
6. Accepts, rejects or counters offer.

7. Offer Accepted

8. Loan Application
9. Inspections
10. Title Search
11. Appraisal
12. Loan Approval

13. Closing Papers Signed
14. Documents Recorded
15. Funds Available To Seller
16. Seller Moves Out
17. Buyer Moves In

 

Preparing your home through the eyes of a buyer...



The effort put into repairing and cleaning your property is likely to be returned in a fast sale at an attractive price.

Often, while waiting to be let in, the first thing a buyer looks at closely is the front door.

The kitchen is often the most important room in the house. Make it bright and attractive.

It is important that bathrooms are clean, bright and smell fresh.

The living room...

Repair Cleaning Checklist

 

Front Door:

  • Newly painted
  • Doorbell operating
  • Door brass polished
  • Hinges oiled

Exterior of House:

  • House recently painted
  • Gutters recently cleaned
  • Exterior lights operating
  • Missing shingles replaced
  • Moss removed from roof

Windows:

  • Window trims painted
  • Windows operating freely
  • Cracked windowpanes replaced
  • Windows washed

Driveway:

  • Resurfaced
  • Potholes patched
  • Recently sealed

Patios:

  • Wood stained or painted
  • Fencing secure

Lawn:

  • Lawn in good condition
  • Grass mowed
  • Edges trimmed

Trees/Shrubs:

  • Dead branches pruned
  • Dead shrubs replaced
  • Overgrown shrubs pruned

Entry:

  • Entry lights operating
  • Floors cleaned
  • Closet cleaned
  • Closet light operating

 Living Room:

  • Recently painted
  • Cracks in ceiling/walls repaired
  • Leaks repaired watermarks covered
  • Wallpaper secured
  • Woodwork repainted
  • Curtains/drapes/blinds cleaned
  • Drapes/blinds opened
  • Carpets cleaned
  • Furniture positioned to show space

Kitchen:

  • Sink free of stains
  • No dripping faucets
  • Appliances in good working order
  • Walls, cabinets free of stains
  • Countertops cleared and cleaned
  • Pantry neatly arranged
  • Pantry hardware replaced
  • Refrigerator defrosted

Family Room:

  • Cracks in ceiling/walls repaired
  • Leaks repaired watermarks covered
  • Wallpaper secured
  • Woodwork repainted
  • Windows washed
  • Curtains/drapes/blinds cleaned
  • Windows operating freely
  • Drapes/blinds opened
  • Carpets cleaned
  • Hobby supplies put away

Bedrooms:

  • Cracks in ceiling/walls repaired
  • Leaks repaired watermarks covered
  • Wallpaper secured
  • Woodwork repaired
  • Windows washed
  • Curtains/drapes/blinds cleaned
  • Floor waxed/refinished
  • Carpets cleaned
  • Beds made
  • Laundry put away
  • Floor free from clutter

Basement:

  • Cracks in ceiling/walls repaired
  • No evidence of water penetration
  • Dampness removed
  • Cold water pipes covered
  • Dehumidifier installed
  • Sump pump installed
  • No musty odors
  • Drains cleared
  • Furnace cleaned
  • Storage neatly arranged
  • Excess storage removed
  • Floor swept
  • Light fixtures operating
  • Handrail secure
  • Stairway runner secure

Dining Room:

  • Cracks in ceiling/walls repaired
  • Leaks repaired watermarks covered
  • Wallpaper secured
  • Woodwork repaired
  • Windows washed
  • Drapes/blinds open to view
  • Floor waxed/refinished
  • Carpets cleaned

Bathrooms:

  • Sink stains removed
  • Leaky faucets repaired
  • Grouting stains removed
  • All joints caulked
  • Missing tiles replaced
  • All fixtures operating
  • Floors cleaned
  • New shower curtain
  • All supplies stored
  • Guest towels

While your house is being shown...



Before Your House Is Shown...

  • Tag or remove items not included in sale (i.e. water conditioner, chandeliers, plants, drapes).
  • Open shades and curtains to let in light.
  • Turn on enough lights so home is well-lit during showing.
  • At night, turn on porch light and outdoor lighting.
  • Tidy all the rooms. Neatness makes a room easier to view.
  • Clean dirty dishes in the sink and put away any dishes on counter.
  • Keep toys in the children's rooms.
  • Put away items in the yard such as bicycles, gardening tools and skateboards.
  • If fall or winter, light a fire in the fireplace.

While Your House Is Being Shown...

  • When possible, leave while the property is shown. If not, remain in an area not being shown by the sales associate.
  • Let the real estate expert show your house. Answer questions candidly when asked, but avoid questioning potential buyers.
  • Refer inquiries about seeing your house to your Realtor to take advantage of the agent's professional skills in selling your home.
  • Don't mention items you wish to dispose of unless asked.
  • It is best to be away when your agent is holding an open house.
  • Keep pets outdoors or in one area.
  • Keep children quiet and in one area.
  • Keep radio, stereo or TV on low volume.
  • Keep money and other valuable items out of sight.

 

Answers to frequently asked questions...

What is title insurance?

Title insurance protects the named insured against loss because of defects, liens, encumbrances, adverse claims or other matters not shown or disclosed to the new owner that attach before date of policy.

What is a wood-destroying organism inspection report?

A wood-destroying organism inspection report is a written opinion by a qualified state licensed structural pest control inspector based upon what was visible and evident at the time of inspection. The inspection report does not in any way represent or guarantee the structure to be free from wood-destroying organisms or their damage, nor does it represent or guarantee that the total damage or infestation is limited to that disclosed in the report. Wood-destroying organisms include subterranean termites, damp wood termites, carpenter ants, wood boring beetles and wood decay fungus.

What are the hazards of lead-based paint?

All buyers and sellers are required by law to receive and read a pamphlet outlining the hazards of lead-based paint for homes built before 1978. Be sure to ask your real estate agent for a copy.

What are closing costs?

Closing costs are an accumulation of charges paid to different entities associated with the buying and selling of real estate. For sellers, they are usually about 9.5-10% of the total sales price of a property. Some of the closing costs you might encounter are: discount points, escrow fee, documentation fee, homeowners' association fees, pest/rot inspection, real estate commission and title insurance premium.

What is the difference between "pre-qualified" and "pre-approved"?

If a buyer is "pre-qualified" it has been determined, with a loan officer, what price the buyer can afford based on the down payment, debts and the amount the mortgage company will approve for the mortgage. Being "pre-qualified" is only a determination of probable credit. If "pre-approved", credit, employment and funds have been approved by the lender.

What should a home inspection include?

Every inspection should include, but not be limited to, an evaluation of the following:

1. Foundations
2. Roof
3. Heating and air conditioning systems
4. Ventilation
5. Common areas (for condominiums)
6. Septic tanks, wells or sewer lines*
7. Insulation
8. Plumbing and electrical systems
9. Ceiling, walls and floors
10. Doors
11. Hazardous materials concerns*

* There may be an additional fee for this.

What property details are usually included by Listing Services?

Usually, properties listed will include the following details:

  • Location
  • Photograph
  • Price
  • Utilities
  • Amenities
  • Annual property tax
  • Current financing (when assumable)
  • Listing company

What pages are generally included in the Purchase and Sales Agreement?

  • Agency Disclosure
  • Financing Addendum/Clause
  • Earnest Money Receipt
  • Inspection/Clause
  • Conditions/Disclosures Addendum
  • Contingency
  • Addendum Outlining Special Conditions
  • Lead-Base Paint Notification
  • Property Disclosure Form (completed by Sellers)

 

 

As primary office of Cendant Mobility (Now Cartus), the world's largest relocation company, no one is better at helping you relocate to the Rochester area. Even if you're looking outside of Rochester,  Earl can provide you a free referral to an experienced agent anywhere in the world.
 

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Earl Krakower
More in touch with you

3300 Monroe Avenue
Rochester, NY  14618
585.721.3275
earl @ earlkrakower.com

Earl Krakower is licensed in New York State - #63421.  Earl's service area covers Monroe and Ontario Counties, Including Rochester, Brighton, Canandaigua, Fairport/Perinton, Greece, Henrietta, Mendon, Penfield, Pittsford. Webster and Victor.

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