By Bonnie Golub
In order to ensure a smooth transaction in real estate, participation is required by both buyer and seller. Understanding your role in the transaction as either buyer or seller can go a long way to reach a happy conclusion.
Buyer:
· Retain a Realtor who will represent your interests and will provide you with comparables so that you understand the value of the house in which you have interest.
· Choose an Inspector who does all the inspections required, so that they may be completed quickly.
· Choose an Attorney who is familiar with local law and practice and who is available.
· Choose a mortgage company with a solid reputation.
Seller:
· Choose a Realtor who is experienced and knowledgeable and heed his/her advice on tips to get your house market ready. (certificates of occupancy, painting, decluttering)
· Allow reasonable access to the house to accommodate showings.
· Choose an Attorney who knows local law and is available to you most of the time.
· Dig out your old title papers and have all documentation available to the attorney and to your buyer.
· Know where you intend to move so that you are not caught short when you receive an offer.
Bonnie Golub is a real estate associate with William Raveis in Chappaqua. Email her at bonnie.golub@raveis.com or call 914-645-5999.