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The ABC's of WHY PAY A COMMISSION?
·Advertising- the agent pays for all advertising costs ·Bargain- research shows 77% of sellers felt their commissions were "well spent" ·Contract writing- an agent can supply standard forms to speed the transactions ·Details- an agent frees you from handling the many details of selling a home ·Experience and expertise- in marketing, financing, negotiations and more. ·Financial know-how- an agent is aware of the many options for financing a sale ·Glossary- a real estate professional understands and can explain real estate lingo ·Homework- an agent will do homework on how to best market your home ·Information- if you have a question an agent will know (or can get) the information ·Juggle showings- an agent will schedule and handle all showings ·Keeps your best interests in mind- its an agents job ·Laws- a real estate professional will be up-to-date on real estate laws that effect you ·Multiple listing service- the most effective means ofbringing together buyers and sellers ·Negotiation- an agent can handle all price issues ·Open houses- a popular marketing technique ·Prospects- an agent has a network of contacts that can produce potential buyers ·Qualifies Buyers- avoid opening your home to "curiosity seekers" ·RealtorŪ - an agent who is a member of the National Association of RealtorsŪ and subscribes to a strict code of ethics ·Suggested price- an agent will do a market analysis to establish a fair price range ·Time- one of the most valuable resources in an agent ·Unbiased opinion- most owners are too emotional about their home to be objective ·Vip- That's how you'll be treated by your agent ·Wisdom- a knowledgeable agent can offer the wisdom that comes with experience ·X marks the spot- an agent is right there with you through the final signing of papers ·Yard signs- an agent provides a professional sign, encouraging serious buyers ·Zero hour support- selling a home can be an emotional experience. An agent can help.
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Buying Land and New Construction >Beware of Fat Clay
When building a home, you should have the soil on the construction site tested for plasticity to determine how it will change under different moisture conditions. This is important because some soil is so "plastic" that (if the condition is not corrected) it can actually break concrete floors, crack the walls and destroy the foundation of your home.
Highly plastic soil is sometimes referred to as "fat clay" that swells excessively and loses stability when it becomes wet. Fine-grained soils that contain a high percentage of clay are greatly affected by water, turning to mud when it rains and undergoing large volume changes-sometimes up to 40 or 50 percent, as the soil dries. Not only do clays swell and lose stability when they become wet, but they also retard the drainage of water. If plastic soil is found on your building site, the ground must be over-excavated and replaced with clean gravel. Homebuilders often choose not to include a basement, or to protect the basement walls from excess moisture by surrounding them with a layer of gravel. A fine-grained clay-filled soil with a high plasticity index may require considerable treatment, especially if used in a moist location.
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What is the role of the U.S. Housing Authority?
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| A |
Created in 1937 by FDR, the U.S. Housing Authority provides construction loans to small communities and states. |
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