Cory A. Levine, P.C. Attorney at Law
Real Estate • Wills & Probate • Small Business
(845) 225-0111 • (914) 276-0222
CoryLevine.com


   

Mistakes to Avoid-Sellers

  • Not checking to make sure that you have all town approvals for all improvements-See Sellers-Basic Steps or Building Department Requirements

  • Accepting an offer from a Buyer who is not "Pre-Qualified" or "Pre-Approved" for a loan-While this does not guarantee that the Buyer will procure a loan the risks are greatly reduced. Better-If the Lender does a lot of work in the local area.  Ask your Attorney or Real Estate Agent if they are familiar with that Lender.

  • Accepting an offer from a Buyer who is not using a Real Estate Attorney-Ask your Real Estate Agent.  He or she can advise you.

  • Not asking enough questions-You are not supposed to know everything about or be an expert in selling a home.

  • Not being clear as to what is excluded from the sale-The Purchaser will expect to have all fixtures and appliances included unless you tell them otherwise.  They will not assume that it is not included just because it was not included in your discussions or acceptance of their offer.

  • Making moving plans without consulting your Attorney-Your Attorney is probably in the best position to let you know if a date is realistic.  While the Purchaser or others may feel that the closing could happen at a certain time, there may be legal or other issues being worked on that they don't know about.

    Send this site to a friend! (click here)


See Also