2741 Wood Dr, Dyer. Beautiful Quad Level.
For additional Information & Pictures Click the Link Below.

https://www.coldwellbankerhomes.com/in/dyer/2741-wood-dr/pid_31575602/

Low Appraisal

Question: We recently signed a contract to purchase an existing home for $236,000. We were all set to sign but the appraisal came in at $226,000. We have already paid the $300 appraisal fee, the $75 pest inspection fee and the $300 home inspection fee. If we now back out of the contract because of the low appraisal what are our liabilities? Will the seller have the right to sue/demand damages? If so, what will be the amount?

Answer: You need to see what the sale agreement says. It may say, for example, that the deal is off and your deposit must be returned if the appraisal is less than the selling price -- unless the sellers are willing to take a price cut. Why? Because a lender will only provide financing on the basis of the sale price or the appraised value, whichever is less. Speak with your broker for specifics.

Check out the Aerial Photos of this Beautiful St. John Home

For additional Information, Pictures, & Video Tours of this home, Click here: https://www.coldwellbankerhomes.com/in/saint-john/8916-ditola-ct/pid_31268792/

Interesting Info on Credit Scores

The Federal Reserve reports that 90% of U.S. mortgages taken out in the first quarter of 2019 were by home buyers with a score of at least 650, and 75% had a score higher than 700.

The median credit score for mortgages taken out this year sits at 759, the report found, and only 10% of mortgage borrowers had credit scores under 647.

FICO credit scores range from 300 to 850, and the national average is 704. Any score between 700 and 749 is typically deemed "good," while scores from 650 to 700 are "fair." Excellent scores are usually those over 750.

Fireworks on Lake Dalecarlia

What Do We Do with our Pets During a Showing?

Question: When we sell are home, what should we do with our pets? Do buyers mind pets around?

Answer:  Buyers and their agents need to feel welcome to look at the property at their leisure without dangers or distractions. So, while you adore your sweet rescue dog, he could turn territorial, barking and growling at potential homebuyers. And it could cost you the opportunity to sell your home.

Think of buyers as guests and work to make them feel comfortable as they consider your home for purchase. If you have a protective dog or one that isn't well-trained, remove him before the showing.

If you must leave the dog at home, don't expect the Realtor to handle your dog. This is where crate-training can be a huge advantage. At least your dog is secured and more inclined to relax while your home is being shown.

Do not leave your dog loose in the backyard. Not only does the buyer not have access to part of the property, but your dog could bark so much that it drives the buyer out of the house. Also, don't leave your dog at the neighbor's. It's just as bad if the buyer believes a noisy dog lives next door.

House cats can also repel buyers. Owners get used to the odors of cat boxes and fishy foods, but these odors could be offensive to buyers who don't have cats.

Birds are beautiful but can be intimidating and dangerous. Imagine a buyer bringing small children who can't resist sticking their fingers in the cage and quickly get rewarded with a nasty bite from a very strong beak.

When you're selling a home, keep in mind that the first two weeks on the market are crucial. That's the time you want your home to be pristine and move-in ready. You don't want any noise, smells or stains that could put buyers off.

Sell your home faster and for more money by making your home as inviting and accessible as possible, so that buyers have no barriers to overcome. Accessibility to your home is just as important as price, condition and location.

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