Buy - After an Accepted Offer

Posts here are dedicated to "what happens after my offer is accepted on a house". A lot that happens after an offer on a home or property is accepted. Buying a home in Southern Ohio or the Cincinnati area?. Bookmark us so you can find your way back to us easily. We're no-pressure Cincinnati real estate agents that can save you thousands and take a lot pride in our work and why our clients continue to refer to us and come back for their next purchase or to sell a home. Enjoy our Complete Southwest Ohio real estate blog.

Found 14 blog entries about Buy - After an Accepted Offer.

What if my House Doesn't Appraise?

Hello, been a while since I've posted anything, but a situation came up where the common question "what if my house doesn't appraise high enough?" came up for both the seller and the buyer.

Dang it - the real estate appraisal was shy of where all parties needed it to be to move forward with purchase and sale. What can be done about it?

what if my house doesn't appraise

Now, my business partner, Marty Snyder, the top Ohio Realtor in our area is marvelous at challenging appraisals. He runs proper comps and his fastidious but friendly nature and appraisal challenge strategy usually wins appraisers over. Nearly 100% successful, this instance was not. As it turns out, the situation was one we've come across for the very first time.

Here's a

1,456 Views, 2 Comments

Making Real Estate Offers Explained

Hello readers and followers, back today to talk about what goes into making real estate offers but simplified and thought I'd throw in some other tips and links for home buyers to check out.

Think of making a real estate offer like a relationship. The first step is getting ready to propose and then the proposal itself and hope your offer is accepted.

real estate offers

On that note, getting ready for the proposal requires some due diligence. Here are some handy articles all home buyers should read before making real estate offers:

fico score vs credit score debt-to-income-ratio, the magic number

For making real estate offers, Realtors use a variety of similar forms and they vary from MLS territory to MLS territory and

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11 Tips to Prevent Real Estate Closing Delays

If you’re thinking of buying a home, selling a home or perhaps already in the process, one of the most painful things a first time buyer, or any home buyer, can face is a delayed real estate closing which can cause a great deal of upset.

Bookmark this page! If you are selling a home, these tips will serve you well as they would a home buyer. 

real estate closing

Buying a home in SW Ohio?

Just because you have a closing date, or just going with what generally accepted time frames are is no guarantee that your real estate closing will happen in a timely manner.

There are many reasons a real estate closing can be delayed, some of it falling on the seller’s shoulders, some on the agents involved and some delays are

9,130 Views, 3 Comments

6 Final Real Estate Questions to Ask Sellers

One day, congratulations will be in order for getting an accepted contract, but once you're moving towards a successful closing there are some important final questions to ask the seller that will help ensure a smoother transition to becoming the property's new owner.

You can use this article to generate your own personal checklist and space for answers and notes.

real estate questions to ask

1 - Do you have the warranties and instruction manuals? Very important to obtain any existing warranties, which should be used before using your home warranty protection and coverage. Also very handy are any instruction manuals for appliances, furnace, hot water heather, air conditioner, electrical, security, watering or other systems.

4,278 Views, 3 Comments

Are You Really Prepared for the Cost of Buying a Home?

In a fast moving and ever-changing real estate market, buyers wrestle with wanting to make a home purchase happen but have you asked if yourself if you are really prepared for the cost of buying a home?

I’d hate to see you fail, I really would.

the cost of buying a home

It happens; you find a house that meets all or most all your requirements and you’ve actually spoken to a lender and a pre-approved for a home loan, let’s say $250,000 and the listing is also $250,000.

Let’s also say, hypothetically, you get an accepted offer at $240,000 and you jump for joy – but then one by one, expenses start to pop up and you begin to worry if the cost of buying a home is going to be too great.

Planning now, and more

10,272 Views, 2 Comments

How and Why to Conduct a Final Walk-Through

You’ve probably read real estate blog articles to never skip home inspections, even on a newer home and in the same prudent practice, one should never skip conducting a final walk-through and in your best interest.

Once you’re handed the keys at closing, it’s your home or your headache.

home buying tips final walk through

A final step before a transaction is officially sealed, a final walk through is arranged by your Realtor and can be scheduled any time within a week of closing, best practice is the day before or better yet the morning before closing.

If the home was previously staged, first time buyers should prepare for the “unstaged” look as the furnishings and décor may have been removed by the time your final walk through is

14,574 Views, 3 Comments

Understanding Real Estate Escrow

New to the market, some home buyers are confused and asking for a real estate escrow definition. Granted, the sheer multitude of steps with related terminology involved in home buying can be daunting, but as local real estate experts, my business partner Marty Snyder and I hare happy to explain real estate escrow.

 real estate escrow definition

Before I go into real estate escrow, just note; visit some of the other real estate blog categories at your right to learn more about buying or selling a home.

Real Estate Escrow: Definition

Another name for a real estate escrow account is an “impound account”. This account is set up by your mortgage lender for the sole purpose of paying property-related expenses on your behalf and includes

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How to Buy a Home - 7 Epic Home Buyer Failures

Together with my business partner Marty Snyder, one of Ohio's top Realtors, we've seen a lot over the many years helping hundreds of buyers and have compiled a list of seven of the most epic mistakes made in home buying, hoping you might avoid these disastrous outcomes. 

how to buy a home

Out the gate, I can tell you that half of the battles lost are due to ill preparation.

1 - Credit Conundrums - A major first step, and possible a scary one for some is making sure your credit picture is in good health. Over 80% of credit reports contain errors, and all a clerk has to do is misspell your name or address and poof - you have an alias which hurts your score. Paying on time and knowing how to manipulate credit as with

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Homeowners Insurance - Quality, Claims and Regrets

homeowner insuranceI'm sure you've seen all the commercials on television for car insurance and have noticed cheap, fast or "insure anyone" but when it comes to buying a home and purchasing homeowners insurance cheap, fast and companies that will insure anyone jeopardize everything you've worked so hard for.

You've seen the Allstate commercials, right? "There will still be pain", "Maybe you should have done more research on your insurance company", "They'll only replace three-quarters of the value of your car" etc.

Well, just imagine if it was your home in question, not a car. Yikes!

My first and foremost advice about buying homeowners insurance is ratings and reviews, especially with regard to claims and

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Underwriter or Undertaker of Your Home Loan?

how to get a home loanCongratulations, you got your preapproval done with a lender and with that in hand you're ready to start shopping seriously for your first or next home.

What? Your offer just got accepted?

Well congratulations again!

I just hope you don't blow it like so many hopeful, excited home buyers do every year.

I know, I know ... you feel like celebrating, shopping for new home decor or buying a bigger, nicer car now that you have a bigger garage.

Or, maybe the wife is doing some damage at IKEA or on Wayfair's website while you're after 10% for signing up for a Home Depot card because you want that new riding mower.

Don't Lose Your Home Loan!

Surprise and condolences, two days before closing your

4,239 Views, 2 Comments