Surveys, to the best of my knowledge, are acquired by the buyer if they are needed.
If the Seller happens to have one already, it is really nice to offer it to the buyer for their use.... more
Ray,
You do not need to limit yourself to a broker in a specific ZIP code. Any broker in New York State will suffice. I've linked my webpage for you to get a hold of me should you need a good risk management professional at your side.
Javier,
I'm not sure what your definition of "complicated" is. Can you elaborate on this because from my chair, I've got a lot of happy clients who are PROPERLY insured. As for the example you gave about cancelled policies after inspections were made, sure...a dilapidated home will get denied coverage by a carrier upon inspection. In fact, every property insurance company will perform an inspection of a dwelling when coverage is first placed on it...including State Farm. Would YOU insure a home that has roof shingles peeling off by the dozens? :)
As Johnny has eluded to, direct insurance carriers aren't always the most competitive. The fact is, there are over 700 property insurer's in New York State alone competing for our business. 99% of them operate in the independent broker channel. Prices and underwriting guidelines change with every company ever year. Meaning, someone can get a competitive price with your State Farm buddy one year but in a subsequent renewal, their premium can suddenly spike. Even worse, they can be non-renewed for no reason (State Farm does this all the time on Long Island).
Finally, purchasing insurance purely from a price perspective can get you into a lot of trouble. Each risk type (be it homeowners, auto, commercial liability, etc.) is truly unique and must be carefully underwritten. With that said, a particular insurance company may not be setup to properly cover a specific risk type. That's where the power of a broker comes in: carrier placement for insured's via a balance of:
-Needed coverage's written based on exposure specifics and risk classifications
-An insurer's financial strength
-Servicing
-Price
No captive insurance agent can provide this, as they can only sell one product from the company they are employed by. Agents represent insurer's, brokers represent insured's. There's a big difference between the two.
This is not to say that captive/direct carriers are bad. There are times where I tell my prospects to check them out for comparisons. Sometimes I don't hear back from them...sometimes I do. :) Whatever works best for the insured's is my philosophy.... more
Hi Greg - in all honesty, I think the bigger question you need to ask yourself is why isn't your credit scorehigher?
Find out why, and work on improving it, before taking on the burden of a large loan.
One thing you didn't mention.....do you have a down payment?
And.........Do you have savings as a cushion, beyond a down payment?
If the answers are "no", you need to work on that, too.
When you're a home owner, there is no super to call in when things break. Without a cushion, what would you do if you needed a new furnace or roof?
Plan this out so you don't wind up on thin financial ice!
Best wishes.......with a plan for the future, you will make it happen.... more
Kaska, What contingencies are you talking about? When dealing with anyone, it's always better to be up front about any "contingencies" or other any other issues a seller may have to consider when making a decision to take your offer. The "oh, by the way" approach is not a good idea - makes the owner wary of you and may make it difficult to deal. Things like a seller's concession or the fact that you currently own something that has to be sold in order for you to be able to purchase are material facts that should be disclosed. What you probably need is a buyer's agent - they work FOR the buyer, not merely WITH the buyer. I'd be happy to assist you if I can.
Please feel free to contact me with any further questions.
Ralph Windschuh
Associate Broker
Certified Buyer Representative
Century 21 Princeton Properties
631-467-0009
rwindschuh@c21princetonproperties.com... more
You may want to contact the town of Oyster Bay and ask your question directly; and yes always use a licensed contractor, you may pay a little more but if problems arise you will have a fighting chance.
Anna... more
Ana,
I see that you are serious about selling. This question was asked in November and your question about using a company that will buy your home for cash for a quick sale was asked today. Please call me. You need some direction. My consultation will be free. I look forward to hearing from you.
Mara Navaretta
Licensed Associate broker
C21 Laffey Fine Homes and Estates
Syosset, NY 11791
516-551-3347
www.HomesByMara.com
HomesbyMara@aol.com... more
An,
This is an issue that sellers really need to be careful of not misrepresenting the age/condition of a roof. The best way to approach it safely is to site the exact age of the roof.
ie. 6 month old, 1 year, 18 monthe, 2 years etc.
But calling it a new roof two years after it was installed is clearly misleading.
Great question. Thank you for posting it.... more
I think the issue here is who now owns this property. if there is an inheritance,probate or succession has to be completed before the house can be disposed of,even if the original owner died testate.... more
Many buyers, as well as agents, become frustrated by the short sale process. It's never really quick and sometimes the listing agent doesn't know exactly what's going on because the banks are really busy with short sales and don't always communicate accurately or swiftly. Banks are not emotional. They are trying to get as much as they can. They have stacks and stacks of short sales on their desks and treat one just like the other. The bank will merely take the highest offer often without taking the terms into account. My advice to you is to sit tight and wait. Many buyers in short sales put offers on many properties. If and when the bank comes back to them, they may have already purchased something else. Obviously, if a listing agent also sells the property, that agent will get both sides of the commission. However, to gamble their license for a couple of easy bucks isn't really a good bet and I doubt that agent is acting unethically. If you have any questions, please feel free to contact me.
Ralph Windschuh
Associate Broker
Certified Buyer Representative
Century 21 Princeton Properties
631-467-0009
rwindschuh@c21princetonproperties.com... more
Janet, it looks like an incredibly charming home, but is not now nor does it appear to have ever been on the market.
If you are a serious buyer for this property and wish to get into a buyer representation relationship, we would be happy to contact the owners for you and present an offer to purchase. You never know!
I can be reached offline at Gail@GailGladstone.com if you have serious interest.... more