Paradise, CA

Paradise-CA Real Estate - Buyer's Agent- What Is A Buyer's Real Estate Agent? - Paradise- CA Homes For Sale

Properties listed for sale with Real Estate Agents have a contractual relationship that establishes a fiduciary responsibility on behalf of the Seller. Before a Purchase Offer Agreement is created all Real Estate Agents are contractually obligated to the Seller to fulfill that fiduciary responsibility. A clear exception to this arrangement can be created through the completion of a Buyer Representative Agreement. Otherwise Buyers looking for a new home have no representation established until a purchase offer is made.

Many Buyer's maybe unaware:

• This agreement adds NO ADDITIONAL COST to the purchase process.
  
• Buyers essentially acquire a package of additional benefits WITHOUT ADDITIONAL EXPENSE by establishing a Buyer Representative Agreement with their Realtor.
  
• We believe these agreements represent one of the keys in the successful pursuit of home ownership. Paradise CA Homes For Sale

The Buyer's Representative Agreement produces what I refer to as the Buyer's Bundle of Benefits:

• Fiduciary responsibility protection before a Purchase Offer Agreement is completed

• Buyer's Loan PreQualification assistance. This is a valuable tool adding strength to your purchase when it is submitted to the Sellers.

• Agent Screening MLS properties that fit Buyer's target market. Your Realtor has access to additional property information that is not made a part of the Public Access MLS views.

• This also can save the Buyer considerable time and money in targeting homes that fit the Buyer's location, quality & price range criteria.

• No Additional Buyer's Expense: The expense of the commission is built-in to the Seller's Listing Agreement

• The agreement provides your REALTOR® with the assurance that their considerable time and effort, spent on your behalf will not go unrewarded. Hopefully this information has helped to inform you of the, " Buyer's Bundle of Benefits", that are available to you with a Buyer's Representative Agreement. It is our opinion that Buyer's Agency Agreements don't cost they pay. Paradise CA Real Estate

Not all real estate agents are REALTORS®. REALTORS® are real estate practitioners that are members of an National Association of Realtors and have sworn to a Code of Ethics and Conduct that assures Buyers and Sellers that their real estate transactions will be handled to the highest ethical standards.

For more information call 530-370-1818 email steve@chainrealestate.net

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Paradise CA Real Estate, Building New Homes from $199.950 / $8,000 Home Buyer Tax Credit, Paradise CA Homes For Sale

Are you in the market for a home in Paradise. I'm hearing of numerous Buyers and their disappointment at bidding on Short-Sales and REO's in today's market. We have great news for you if you are in the market for a home priced from $199,950. Chain Real Estate Investments and Mortgage and Chain Enterprises have combined to provide Buyers of Paradise CA Real Estate with a satisfaction guaranteed home building/buying experience. No more bidding wars, no more waiting months to find out if your escrow will close.

Perhaps best of all it is possible to obtain the $8,000 Tax Credit while purchasing a BRAND NEW energy efficient home. That's right the Tax Credit applies to construction of your BRAND NEW home whether on a lot you already own or a home and lot package we put together for you. Paradise CA Homes For Sale

• Must occupy home by June 30, 2010.
  
• Tax Credit is available for 1st Time Buyers and Existing Home Owners.
• Tax Credit is 10% maximum, of purchase price, and $8,000-$6,500 respectively

Call Now for New Home Ownership Information Chico Real Estate ownership opportunities also available

phone - 530-370-1818 email - steve@chainrealestate.net

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This is not an commitment to lend. All loans are subject to Lender's Approval. This information is provided by your Realtor, and is not a substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Paradise CA Homes For Sale

Paradise Real Estate, Successful Selling In A Buyer's Market, Paradise CA Homes For Sale, Part 8 of 8

This is the 8th in an 8 part series. We are discussing Closing The Escrow:

With the on going changes in regulations, industry practice and market conditions a detailed approach is very necessary to successfully close an escrow.

Disclosures & Inspections:

• Agent's Visual Inspection Disclosure: Both Buyer and Seller's agent must provide the AVID to the Buyer.
• Seller's Real Estate Transfer Disclosure Statement: Selling with an AS-IS statement doesn't excuse the Seller from providing the completed TDS.
• Natural Hazards Disclosure Statement: Generally the NHDS is obtained through 3rd party providers.
• Other Disclosures: It is important to provide Seller's disclosures, to the Buyer, in a timely fashion to maintain the time line for Buyer's review and subsequent contingency removal. There maybe additional disclosures and inspections necessary due to the unique features of your property. Inspections such as well, septic, pool, spa and lead base paints may be required.
• Home Inspection: A home inspection is a valuable assessment of the working condition of the home's mechanical and electrical equipment including a detailed visual inspection of the property. The limitations of the home inspection should be understood. Home inspections generally do not include an on-the-roof-inspection. They are also not a substitute for a pest inspection. Conducting a home inspection before the sale of the home can eliminate any surprises surrounding the discovery of damage during the home inspection.
• Pest Inspection: Pest inspections evaluate the condition of the home relative to water damage, dry rot and wood destroying pests. Again conducting a pest inspection before the sale of the home can eliminate any surprises surrounding the discovery of damage during the pest inspection.
• NOTE: Any Damage discovered, in a balanced real estate market, might leave room for negotiations for sharing those expenses between the Buyer and Seller. While most everything in the purchase is subject to negotiation a Buyer's Market may not present the same opportunity.

Contingency Removal-

• Review of Preliminary Title Report: The preliminary title report will be inspected for "defects" and insurability for title insurance. Any defects in title will have to be "cured" or accepted by the Buyer and/or the Title Insurance Company.
• Review of Inspection Reports: Buyer and Lender will be interested in reviewing all reports.
• Appraisal Valuation:If a loan is being obtained on the home a licensed appraiser will establish the selling price relative to the local market value.
• Loan Contingency: Once the previous reports are reviewed and Buyer's financial status confirmed the loan contingency should be removed. Note:The current real estate market has caused more review time and attention to detail surrounding real estate loans.
• Time line: The time line for the close of escrow and the progressive removal of all contingencies should be monitored and maintained for a timely close of escrow.

Escrow Signing:

• Documents will now be prepared for signing and both parties shall review the escrow documents for accuracy relative to the Residential Purchase Agreement and the terms of the loan. Lender Funding of the loan will take place and recordation of the documents will follow. Then final disbursements of funds.

Congratulations on Successfully Selling In A Buyer's Market, Paradise CA homes for sale

Real Estate Marketing assistance is available: call 530-370-1818 or email: steve@chainrealestate.net

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This information is provided, by your Realtor, and should not be considered a substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Paradise CA homes for sale

2009 Town of Paradise Celebration

Paradise Real Estate NEW EXTENDED $8,000 - $6,500 Tax Credit, Paradise CA Homes For Sale

Legislation: The Homeownership and Business Assistance Act of 2009, Nov. 6, 2009 has extended and expanded the opportunity for Buyers in the market for a primary residence to access the $6,500-$8,500 Tax Credit.

Tax Credit - $8,000 max. / 10 Percent of Purchase Price ( Max. Purchase Price $800,000)

Who Qualifies - 1st Time Home Buyers

Tax Credit - $6,500 max./ 10 Percent of Purchase Price

Who Qualifies - Existing Home Owners (Owners living in their Primary Residence 5 consecutive yrs/last 8)

Purchase Deadline: Contract Signed By April 30, 2010, Close Escrow by June 30,2010

Tax Period: The Credit may be applied for 2009. 2010 tax years

Income Limits: The credit begins to phase out for Tax Payers with the following incomes: Individual Filers/ $125,000 and Joint Filers / $225,000 .

A detailed Article directly from the IRS provides additional details.

Primary Residence: While the IRS does not provide a definition for Primary Residence they do provide information to assist in making that determination.

Housing Types: Newly constructed, Single Family, Townhomes and Manufactured Homes are all considered acceptable Primary Residences.

Purchase Exceptions: Purchase transactions between family members are expressly prohibited from qualifying for the Tax Credit.

SEARCH PARADISE REAL ESTATE SEARCH PARADISE INFORMATION

This information is provided by your Realtor, and is not a substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Paradise CA homes for sale