Sun Properties LLC
Tel: (907) 272-6336
Cell: (907) 242-6446
Provide the following; Phone numbers, fax numbers email and home address. Provide the names and account numbers of all mortgage lenders and/or lien holders on the property. Disclose if there are late home payments, pending divorce, undisclosed property defects, pending foreclosure, quit claim issues etc. If needed, order a resale certificate.
Provide the following; If your phone is often busy at home, have a cell phone or alternate contact phone number. Provide an email address and check your emails regularly. Do not discuss "sale or property" issues with the Buyer, Buyer's representative or anyone, except your representative. I have seen home Sellers give away thousands of dollars in casual conversations.
After an Offer is Accepted
Do it Now; Write the appraisal check and title checks at the time of offer acceptance. Later is not the time to do repair items, the sooner the better. Work needs to be done to code, save all receipts. Do not cancel your home owners insurance until after recording and maybe after your shipped goods arrive at your new address.
Stay in touch; Some Sellers go on vacation or take long weekend trips while their home is marketed or under contract. During a real estate transaction failing to stay in touch can cost you money or your deal.
At the time of offer acceptance $800 - $850 (for single family homes, multi-family appraisals cost more), for the appraisal plus $250 to open title is due from the Seller. The Seller may be able to delay "until closing" part of the cost of well, septic, or other repair items, subject to agreement by the Seller and the contractors. If a resale certificate is required we recommend the Seller order it at the time of listing (the fee is usually $150 - $250) If you do not have the resale certificate ready to pass on to your buyer when a contract is signed, and your HOA takes 10-12 days to put one together for you, you have now given your Buyer a 15-17 day window to back out of the deal, instead of a 5 day window.
Living in and showcasing a home to sell at its highest value are two different issues. If you expect a quality sale price for your home, you will help the Buyer see your home at its best. The Home Warranty can reduce liability and comfort the Buyer, especially on "older" home sales.
The Repair Items
Often the home is sold "ONLY" with the approval of the Appraiser, the Underwriter, Anchorage Code and Zoning Departments, Public Utilities and others. These and others may have approval authority over the sale. They can determine what will be moved, removed, repaired, replaced and more. The Buyer and Seller are only the "FIRST" to agree on the terms and conditions of the sale.
Know your Rights
The "Alaska Real Estate Consumer Pamphlet" outlines your rights when working with a real estate licensee in the state of Alaska.To review the pamphlet, go to www.commerce.state.ak.us/occ/pub/rec4145.pd