A very important part of the service that your Fort Wayne REALTOR® will provide when you list your home for sale is advising you on the repairs, improvements and staging that are necessary to prepare your home for sale. REALTORS® know which repairs will be necessary to pass the home inspection and appraisal requirements. Some...
Many people do not realize the value of utilizing a Fort Wayne REALTOR® when they purchase their home. This week I encountered a great example of why it is so important.
A friend of a friend had purchased a home at an auction near downtown Fort Wayne. He is a skilled tradesman and had the knowledge to evaluate the home to determine if it was structurally sound. He also knew that he could do the majority of the repairs and upgrades required to restore the home. He successfully bid on the home and prepared for closing.
Why then do I say that he should have used a REALTOR®? It was after the contract was signed that the questions began to arise, and that is how I became involved. First, he was curious to know if he had gotten a good deal on the home, so I looked at comparable sales in the area and determined that as long as he doesn’t spend too much money on renovations, he did indeed make a good investment. Next, during our conversation, I found that his purchase agreement did not provide for him to have a survey. Like most city home sites, this home just barely fits on the lot and $270 spent on a survey is invaluable protection of your investment. Finally, the title work that was provided by the seller was an abbreviated search with pages of exceptions from coverage, providing little to no insurance for the buyer.
Every real estate transaction is different and it is critical to have a REALTOR® protecting your investment every step of the way. At North Eastern Group Realty, we are prepared to assist our clients with their significant Fort Wayne real estate decisions. Our corporate commitment is to provide real knowledge, proven experience and professional, quality service. To search all Fort Wayne homes for sale or find a Fort Wayne REALTOR®, visit our website at NorthEasternGroup.com.
North Eastern Group Realty is Fort Wayne’s largest independent real estate company located at 10808 La Cabreah Lane, Fort Wayne, IN 46845.