by Amy Cimetta | Feb 15, 2011 | Appraisal, Buyers, Purchase Transaction, Real Estate Advice, Selling
Well, the unbelievable happened. A lender had an appraisal done a few weeks ago on a property that my client was buying, and the appraisal came in higher than the sales price. It does happen! If you have an appraiser who is familiar with the area, you have a much...
by Amy Cimetta | Oct 4, 2010 | Real Estate Advice, Real Estate Market Update
When people ask me how the market is doing, I can honestly answer that it’s not bad. Let me clarify, markets are local. There are definitely some bad markets out there. But if I’m speaking specifically about my local markets, i.e. Hermosa Beach, Manhattan...
by Amy Cimetta | Jul 21, 2010 | Buyers, Negotiations, Real Estate Advice, Selling
When you make an offer, it’s not always just about the sales price. There are plenty of terms that the seller will take into consideration when selecting a buyer. Here are some terms that can make or break a deal. First, the size of the down payment needs to be...
by Amy Cimetta | Jun 24, 2010 | Buyers, Home Inspections, Real Estate Advice
I recently had an experience with a client that served as a huge reminder of the importance of inspections. Often, buyers do their inspections and identify minor repairs that are needed around the house. It’s normal; they are not buying a brand new home....
by Amy Cimetta | May 3, 2010 | Buyers, Real Estate Advice
When negotiating with an unrealistic seller, it helps to gather as much information as possible. You want to know at what price the seller purchased the property. How much money, if any, did he put into the property? Are there any specific circumstances that have led...