8 “Why’s”…a “How”… and a “When”
- Why it might be best to buy a new condo in an already built community, rather than one you choose from a builder’s model.
- Why a flush Capital Fund is especially important in older condominium complexes… (Sadly, it’s one of the items most buyers ignore.)
- Why it’s best to buy in a complex with high ownership (as opposed to one whose many units are vacant and “For Sale”)…
- Why it’s best for seller to turn over keys after the deed is recorded—not merely after the closing (where buyer/seller sign documents)…
- Why buyers should tour proposed region of choice both day AND night…
- Why buyers should enlist a Buyer Broker whose fiduciary responsibility is to them. Know the different realtor designations (Buyer Broker, Selling Broker, Transactional Broker, Dual Agent)….If not possible to get Buyer Broker, know the questions to ask regarding your intended property purchase. (This book tells you these.)
- If you self-sell (FIS-BO, in the trade—For Sale By Owner), why it’s critical to offer a buyer broker commission on par with what most Buyer Brokers get from realtor-represented homes in the region….
- Why it’s important to list ALL appliances in the sales agreement…
- How you can protect yourself against buying near a Superfund site…
- When you (as seller) can refuse to honor your stated Buyer Broker commission on Zillow.
***So, go out on your journey but first strap Boomerrrang to your hip in the same way the 70’s American Express card ad told everyone: “Don’t leave home without it.”
And give a copy to a friend.
You’ll ALL be the richer for it.