Writing an offer? Don't underestimate the cost of a home warranty. Below is a refresher for how much you should be asking the seller to pay! Keep in mind, though, sellers may not agree with your request.
It's hard to keep up with ever changing warranty pricing. I have noticed that people are not putting a high enough price into the contracts when writing an offer.
So as a refresher, please see program info below.
Also remember to consider what additional options they want, like Garage Door System, Pest Control/ Termite Treatment, Orange Plus, Green Plus, etc.
$325 GOLD Plan - $55 service fee
Condo/Mobile Home: $315
• Includes all the basics, unknown pre-existing conditions, tankless water heaters, whirlpool bathtub,
$380 DIAMOND Plan– $75 service fee
Condo/Mobile Home: $370
• Includes all Gold Plan coverage, plus: tankless water heaters, kitchen refrigerator, washer/dryer, roof leak repair and premium upgrade
NEW BUYERS OPTION!
ORANGEPLUS – $75
• Covers code violations/permits up to $350
• Covers improperly matched and/or installed systems
• Covers removal of defective equipment
• Increases professional series appliances to $2500
• Increases toilet replacement up to $600
Please see contract for details.
NEW BUYERS OPTION!
GREENPLUS – $75
Replaces standard items with
ENERGY STAR EQUIPMENT
Dishwasher, refrigerator and clothes washer
Heating system replacement with 90% efficiency model
Water heater replacement with tankless water heater!
Please see contract for complete details!
**Garage Door System - $20 option, highly recommended!**
Have you watched HWA's video online presentation
801-649-5883
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Marina Vialtsina
Showing posts with label contract. Show all posts
Showing posts with label contract. Show all posts
Friday, July 11, 2008
Wednesday, April 30, 2008
Waiver vs. Cancellation
Consider this, if the Buyer does not complete the appraisal by the deadline in section 24, is it s deal breaker?
Not at all, this situation is a "Waiver" of the Buyers ability to use this contigency. In other words, the ability to return the earnest money back in case the appraisal is below the purchase price.
The contract though is still fully in force. Seller cannot sell the property again just because the deadline was missed.
Now, if the Buyer gets notice of the appraisal by the appraisal deadline, and there is a problem, buyer notifies Seller wihin 3 calendar days of receipt of the appraisal, then this would be "Cancellantion".
In summary, the waiver is something that could benefit me, but I am going to let it go, and not use it.
Cancellation is a clause that is a benefit to me....
Not at all, this situation is a "Waiver" of the Buyers ability to use this contigency. In other words, the ability to return the earnest money back in case the appraisal is below the purchase price.
The contract though is still fully in force. Seller cannot sell the property again just because the deadline was missed.
Now, if the Buyer gets notice of the appraisal by the appraisal deadline, and there is a problem, buyer notifies Seller wihin 3 calendar days of receipt of the appraisal, then this would be "Cancellantion".
In summary, the waiver is something that could benefit me, but I am going to let it go, and not use it.
Cancellation is a clause that is a benefit to me....
Monday, November 5, 2007
Lease-Option Agreements
What you should know about lease-option agreements
Tips for buyers:
* Consider hiring an attorney to review your contract.
* Record the agreement with the county. This helps prevent a homeowner from selling the property to someone else while you have the option to buy it.
* Make sure the contract spells out clearly how and when you can buy the home.
Tips for sellers:
* Make sure you have the ability to terminate the contract if the buyer violates the terms of the lease, including not paying rent or damaging the property.
* Take some time to determine the selling price. It can be predetermined, or an appraisal can be ordered closer to the time the home can be purchased.
If you need help, please call me, Marina (Realtor) at 801-649-5883 or marinav30@yahoo.com
Tips for buyers:
* Consider hiring an attorney to review your contract.
* Record the agreement with the county. This helps prevent a homeowner from selling the property to someone else while you have the option to buy it.
* Make sure the contract spells out clearly how and when you can buy the home.
Tips for sellers:
* Make sure you have the ability to terminate the contract if the buyer violates the terms of the lease, including not paying rent or damaging the property.
* Take some time to determine the selling price. It can be predetermined, or an appraisal can be ordered closer to the time the home can be purchased.
If you need help, please call me, Marina (Realtor) at 801-649-5883 or marinav30@yahoo.com
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