Blog: fort myers realtors

Purchasing a Home — What You Need to Know About Closing Costs

It’s the big day — and it’s too often filled with uncertainty and stress.

The day you go to the title or escrow company, sign your name on the dotted line, hand over a check and prepare to take ownership of your new home.

It’s also the day that you and the seller will pay “closing” or settlement costs, an accumulation of separate charges paid to different entities for the professional services associated with the buying and selling of real property.

To help better explain this often confusing subject, the Land Title Association has answered some of the questions most commonly asked about title, closing and closing costs.

What services will I be paying for when I pay closing costs?

You will usually be paying for such things as appraisal fees, loan fees, escrow charges, title insurance premiums, and advance payments such as property taxes and homeowner’s insurance. A buyer's share of closing costs rarely ever include commissions, that is almost always seller paid

How much should I expect to pay in closing costs?

The amount you pay for closing costs will vary. However, when buying your home and obtaining a new loan, an estimate of your closing costs will be provided to you pursuant to the Real Estate Settlement Procedures Act after you submit your loan application. This disclosure provides you with a good faith estimate of your closing costs. An itemized list of charges will be prepared when you close your transaction and take title to your new property.

Can I pay for my closing costs in installments?

No. Many different parties will have fulfilled their responsibilities and be awaiting payment upon closing. The title or escrow company will disburse money to those parties, pursuant to the escrow instructions, when funds are available.

Will I be allowed to write a personal check to cover my closing cost?

Your closing funds should be in the form of a cashier’s check, issued by an institution from the state of your purchase, made payable to the title company or escrow office in the amount requested. A personal check may delay the closing or may be unacceptable to the title or escrow company. An out-of-state check could also cause a delay in your closing due to possible delays in clearing the check.

Closing on your home is an exciting and overwhelming time. Our hope is that this article explained some of the basic questions that come a long with closing. 

Have any other questions? Feel free to call us at 239-561-2500. 

 


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your homeYou receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's pageConnect with us on Twitter@Assist2SellSWFL for real estate listings, reads and more.

Home Inspections — Do I Need One?

Whether you are a home buyer, seller, or owner, if you want to make an informed decision about a house — based on objective informtion —you deserve a home inspection. Not all home inspections are going to be the same. Home inspections will vary depending on the type of property you are purchasing. Larger, older homes are going to require a more specialized inspection than a small condominium. 

An inspection is an opportunity to have an expert look closely at the property you are considering purchasing and getting both an oral and written opinion as to its condition. As a buyer, you are entitled to know exactly what you are getting. Don’t take anything for granted, not even what you see or what the seller or listing agent tell you.

But home inspections aren't just for home buyers. Home sellers can gain knowledge of the condition of their home before placing it on the market. This gives you the opportunity to be better prepared to acknowledge or correct deficiences before putting your home on the market. 

A home inspection looks at the overall condition of the home including:

  • Heating system
  • Central air conditioning system
  • Interior plumbing
  • Electrical systems
  • Roof
  • Attic
  • Visible insulation
  • Walls
  • Ceilings
  • Floors
  • Windows
  • Doors
  • Foundation
  • Basement
  • Visible structure

Be sure that you are present with the inspector during the inspection. This gives you a chance to ask questions about the property and get answers that are not biased. Oral comments are more revealing and detailed than what you will find on the written report. Once the inspection is complete, review the inspection report carefully.

Inspections must be written in as a contingency when you present an offer, which most real estate contracts automatically provide. If you do not approve the inspection report, you should consider your options.

Whether you are a buyer or a seller, you are entitled to know the condition of your home. Don't be afraid to ask questions to clairfy an information you are unsure of. 

 

Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your homeYou receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's pageConnect with us on Twitter@Assist2SellSWFL for real estate listings, reads and more.

4 Steps to Getting the Highest Price For Your Home in the Shortest Time

In order to get the highest price for your home in the shortest amount of time, you need to know how to market your home. The better you home is marketed, the more likely you are to get an offer that will bring you the price and terms you want.

If you're looking to sell your house in Lee County, we can help. We have sold thousands of homes right here in Southwest Florida. Below are 4 steps we recommend following to get the highest price for your home in the shortest amount of time. 

1. Pricing is the most important factor in marketing your home. The price should be based on your property’s value in the current marketplace. It's important to compare with other similar houses and recent sales. If your property is not priced realistically, buyers will not be attracted to it.

2. Condition is another critical factor that plays into selling your house quickly.

  • Make sure that your home looks ready to be sold.
  • Fix any defects (peeling or faded paint, cracks, stains, etc.). Condition alone can sometimes prompt fast buying decisions.
  • Not only should you fix any defects, but consider upgrading your home by making major repairs and cosmetic improvements before selling.
  • Provide details of any major upgrades or improvements you have made to your home so buyers can see the value you have added.
  • A nice looking home triggers an emotional response that can lead a buyer to make an offer.

3. Negotiate fairly on price and terms for all parties involved. Terms are another factor that can  attract buyers. If you insist on getting your asking price, think of what else you can offer to the buyers. Consider things like moving dates, seller-finance options, or crediting buyers for new carpet or paint to help support your listing price.  

4. Get the buzz out about your home. List your house with an experienced, professional, full-time agent who can market your home in many ways, including internet and MLS listings. On your own, help your realtor get the word out. It should always be visible to passersby that your house is for sale, whether it is through signs, or telling friends, family, and acquaintances.

Are you looking to get the most money for your home while spending the least amount to sell it? If you answered yes, let's talk! Contact Eric at 239-561-2500 or by email at eric@wesellleecounty.com.


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your home. You receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's page. Connect with us on Twitter @Assist2SellSWFL for real estate listings, reads and more.

Home Sellers: Make a Good First-Impression When Showing Your Home

A good first impression can influence a buyer both emotionally and visually, prompting them to make an offer on your home. What the buyer first sees is what they think of when they consider the asking price. Remember when you first purchased your home. What did it look like inside? Did it instantly feel like home? Was the house clean and lit well?

You want the buyer to feel all of those emotions you felt that made you fall in love with your home. Here are a few guidelines to help you make a great first impression when showing your home.

What to avoid:

A bad first impression can dissuade a potential buyer. Don’t show your property until it’s all fixed up. You do not want to give buyers a negative first impression to use in negotiaion.

Be sure to do this:

Real estate agents see houses everyday and can give solid advice on what needs to be done to make your home appeal to buyers. What you need are objective opinions. It’s sometimes hard to separate the personal and emotional ties you have for the home from the property itself.

Typically, there are some simple fix ups that can be done both outside and on the inside. As a seller, you should consider the following:

  • Landscaping — Is the front yard well-maintained and welcoming? Make sure all areas of the house visible to the street are in good condition.
  • Cleaning or redoing the driveway — Is your driveway cluttered with toys, tools, trash, etc? Keep the area clean and clear so buyers have an easy path to the front doot.
  • Painting — Does both the exterior and the interior look like they have been well taken care of? Touching up faded trim and siding, and giving the interior a fresh coat of paint can quickly make a house look fresher and more inviting.
  • Light — Are all the light bulbs working? Showing your home in its best light can help make buyers interested in your home.
  • Carpeting — Does the carpet have stains or look worn and dirty? Having carpets professionally cleaned can give your home an instant makeover.
  • Clutter and cleaning — Is there too much stuff crowding your rooms? Keep counters and table tops clear of clutter. It can be well worth it to put some items and oversized furniture in storage while your house is on the market.

Looking to list and sell your home in Lee County? Contact Eric at 239-561-2500 or by email at eric@wesellleecounty.com


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your home. You receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's page. Connect with us on Twitter @Assist2SellSWFL for real estate listings, reads and more.

6 Steps To Take If You're Ready To Sell Your Home


 

 

Are you considering selling your home in Lee County? Or maybe you have already listed it. If you found yourself in either of these categories, you need a plan of action for selling your home. This will help keep you prepared for all the phases of selling your home.

Here are 6 action steps to take if you are ready to sell your home.

1. Analyze why you are selling — If you understand your motives, you will be able to better negotiate and to get what it is that you want, whether it be a quick sale, high price, or somewhere in the middle.

2. Prepare your home for the buyer — Maximize the strengths of your property and fix up its weaknesses. You want the buyer to walk away from your home with a lasting good impression.

3. Find a good real estate agent that understands your needs — Make sure that your agent is loyal to you, and can negotiate to help you achieve your goals. Your agent should be assertive and honest with both you and the buyer.

4. Be prepared for negotiation — Learn and understand your buyer’s situation. What are their motives? Can you demand a big deposit from them? Try to lock in the buyer so that the deal goes through.

5. Negotiate for the best price and the best terms — Learn how to counter offer to get maximum value from every offer. Not sure how to do this? Ask your agent — they will be happy to assist you through this process.

6. Make sure the contract is accurate and complete — Be honest with your disclosures. You do not want to lose the deal because you were lying or diminishing your home’s defects. Insist the buyers get a professional inspection. This will protect both you and the buyer.

Selling your home can often become overwhelming and filled with a lot of questions. That's why we suggest taking these 6 steps to help you understand the selling process. 

Want to sell your home for less? Contact us at 239-561-2500 or by email at eric@wesellleecounty.com to find out how we can sell your home for as low as $2,995*.


Assist-2-Sell can sell your home for less. We are a full-service broker for significant savings with flexible, cost-saving solutions to sell your homeYou receive complete service from listing to closing. We are permanent year-round residents of Fort Myers, and we are proud to be a family owned and operated business serving Lee County for more than 30 years.

If you're on Facebook, be sure to Like Assist-2-Sell Partners Realty's pageConnect with us on Twitter @Assist2SellSWFL for real estate listings, reads and more.

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Eric Potts
Assist-2-Sell Partners Realty
12734 Kenwood Lane Suite 96
Fort Myers, FL 33907
Phone: 239-561-2500
Email: eric@wesellleecounty.com

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Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.