AtHomeCharlotte TakeMeOutToTheBallgame! GotAlottaCharlotte MVP
Charlotte Real Estate Information "It's A Whole New Ballgame"
AtHomeCharlotte TakeMeOutToTheBallgame! GotAlottaCharlotte MVP
Charlotte Real Estate Information "It's A Whole New Ballgame"
Credit
For Sale
1st
Disclosure
5th
Broker
Internet
6th
Market
Offer/DDP
7th
Negotiations
Appraisal
8th
Appraisal
Closing
9th
Closing
Planning
2nd
Loans
Clearing
3rd
Planning
Appeal
4th
Knowns
Buyer
Innings
Seller
Buyer Credit.
Credit
For Sale
1st
Disclosure
5th
Broker
Internet
6th
Market
Offer/DDP
7th
Negotiations
Appraisal
8th
Appraisal
Closing
9th
Closing
Planning
2nd
Loans
Clearing
3rd
Planning
Appeal
4th
Knowns
Buyer
Innings
Seller
Credit
For Sale
1st
Disclosure
5th
Broker
Internet
6th
Market
Offer/DDP
7th
Negotiations
Appraisal
8th
Appraisal
Closing
9th
Closing
Planning
2nd
Loans
Clearing
3rd
Planning
Appeal
4th
Knowns
Buyer
Innings
Seller
1st
5th
6th
7th
8th
9th
2nd
3rd
4th
Buyer
Innings
Seller
Seller-Fifth Inning - Disclosure
Pitch 1 - Disclosure
Sellers disclosure is mandatory in North Carolina. The federal disclosure regarding lead paint is also mandatory. These are not perfect and have come a long way towards disclosing property defects. Inspections are important and in some cases required. Review these disclosures carefully and should you have questions, ask. You can even make your offer contingent on receiving satisfactory responses in a timely manner.
Pitch 2 - Lead-Based paint disclosure
Federally mandated. There is a form for the seller which addresses knowledge of lead based paint and a clause about the sellers ever having tests made. There is also a booklet which is required for an agent or a seller to give to the buyer outlining the risks and hazards of lead paint as well as how to treat it and what not to do.
Pitch 3 - Offer document
In North Carolina jointly approved by NC Bar
Association and NC Association of REALTORS.
Constantly being reworked and improved, this
template is very thorough and addresses
most of the concerns and processes for both
buyer and seller. Good idea for both to read
thoroughly and understand well in advance of use.
Click here for 6th Inning-Open House
Coach's Tips
Pinch Hitters
The Validator
If you as the seller have provided no sellers disclosure you could invalidate the buyers offer.
The Booklet
Lead-based paint disclosures are federally mandated and require buyers to receive booklet on hazards either from the participating agents or the seller ( FSBO)
The Forms
As a favor to yourself, read a blank offer form and disclosure forms ahead of time as well as the many addendums which may come into play.
Angel Advocate 1
The buyers have your sellers disclosure, but they still have questions. Should I answer them?
Angel Answer:
Yes. Put them in writing.
Angel Advocate 2
We added on to our house, built a deck and remodeled a porch. Should we let the buyers know this and assure them we obtained the proper building permits?
Angel Answer:Yes. It is easy enough to check. It is all computerized.
Angel Advocate 3
Can I ask for a pre-approval letter within 4-5
days of acceptance and put “time is of the essence” on this part?
Angel Answer:
Yes.
Learn More from your Angel Advocate
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