Happy Lake Ave. Home Seller
"Thanks to The EZ Sales Team for getting such a great price for my home! Through Mike Zinicola's expert negotiation strategies, the final selling price was $25,000 higher then the buyer's original offer. Mike was a real professional advocate for us and was stellar when we needed him most (at the negotiation table). I am thrilled to be on my way to a new home in this troubled market thanks to The EZ Sales Team!"
Mark Dymidowski, Lake Ave. Cleveland, Ohio
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About Appraisals >Working With A Real Estate Agent
It is not unusual for homeowners to yield to the temptation to try to sell their own home. It seems easy enough--just place an ad in the weekend paper and wait for buyers to show up. Although it may seem simple, real estate sales transactions are extremely complex proceedings.
The first pitfall can come with pricing your property realistically. Homeowners often price their property too high initially, then drastically slash the price when weeks go buy without an offer. Even if a prospective buyer agrees to the initial asking price, there could be complications if the buyers begin to feel that they have agreed to pay too much, or if the lender's appraisal values the property at far less than the agreed-upon price. Some clients hire agents to market their home professionally after weeks or months of trying to sell their own home without success, or after their FSBO transaction fell through.
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| Q |
What does the term ARM stand for?
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| A |
An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market. |
 See More Real Estate Trivia > |
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