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"Never knew it could be so easy"
"They made us feel like everything was under control, at all times."
The Shifflett Family
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"We sold our home in 5 days!"
We were referred to Nathan from a friend of ours and we immediatley knew that we were going to list our house with him the first time we met him. He came to the house and walked through it with us and gave us his professional opinion of what we should do in order to make our home 'market ready'. Nathan told us how we could sell and get the most money, fast. He also offered to pay for some of the work, in which he did. Nathan paid for tiling our kitchen and both bathrooms. Nathan sold our home in 5 days! We were absolutely thrilled, particularly in this market. Nathan and his team came through and did what he said he would do... sell it, fast!"
Alan and Linda
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About Appraisals >Three Caballeros
When you buy a house or refinance your present home, your lender will ask you to pay for an appraisal to help ensure that the sales price and mortgage amount is consistent with the property's market value. The appraiser will look for "three caballeros" or three "comparables" -- homes that are very similar to the one you are buying -- and will make adjustments to reflect the differences between the properties.
Housing patterns tend to be homogenous, meaning that homes worth $300,000 are usually located in $300,000 neighborhoods. It is important for properties to be within the general pricing patterns of their neighborhoods because over-valued homes, even if they are exceptional, are sometimes difficult to sell at full market price.
This is not the only factor considered in determining the worth of a property, but it is an important one. The buyer or seller may view the property as a home or an investment, but lenders view it in a completely different way. To a lender, property means security in the event a borrower fails to repay a mortgage. Therefore, lenders must know real estate values in order to limit their risks.
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| Q |
To what process do the terms closing, escrow, settlement and passing papers refer?
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| A |
These terms, which vary in different parts of the country, describe the conclusion of a real estate sale. |
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Nathan Kaul
The Kaul Group
25 Highland Park Village #100-503
Dallas, TX 75205
469-774-0693
Fax: 214-239-2802
Nathan@TheKaulGroup.com
In today's marketplace, success is determined by results and relationships are the cornerstone of a successful Real Estate transaction. Communication, Vision, and Experience. Nathan Kaul and The Kaul Group.
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