Happy Thursday Morning,
This week I have a personal story to share. I was driving with my 5 year old son James a few days ago when he asked me a question. He asked me if he would own a wave runner when he was an adult.( basically a motorized jet ski ) I told him ( as a matter of fact ) that he would own a wave runner when he was an adult. He then asked me how I was so sure that he would. I told James that he can get everything in life that he wants if he helps enough people get what they want. He looked at me and shook his head in agreement and said “ok”. That was one of life’s great moments to me. Life can be as simple as that. I will quote the late great Napoleon Hill once again. “What ever the mind can conceive and believe the mind can achieve”. As we get older sometimes we forget that things can be that simple. They may not be easy, but they are simple. Be encouraged and go help someone get what they want out of life! Be the difference.
Earlier this week I was reading an article on the California Association of Realtors Website and I wanted to pass it along to you. Please feel free to pass it along to anyone else who may benefit from it.
Here are the top 10 legal mistakes home sellers make:
1) Accepting the highest offer without regards to other contractual terms.
2) Not properly handling multiple offers situations with multiple buyers.
3) Not properly handling back-up offers.
4) Entering into an agreement with no earnest money deposit from the buyer, or a very small amount.
5) Entering into an agreement before verifying the buyer’s financial ability to close escrow.
6) Not disclosing known material fact affecting the value or desirability of the property.
7) Not providing the buyer with legally required disclosures.
8) Not obtaining the buyer’s written acknowledgement of disclosures.
9) No considering whether to require the buyer to remove contingencies.
10) Not excluding items from the sale that the seller wants to keep.
Please feel free to contact me with any real estate related questions or need. I can be reached at 408-482-0992.
James E. (Jim) Mauldwin
"Real Estate Sales By Referral"
Intero Real Estate Services
12900 Saratoga Avenue.
Saratoga, CA 95070
DRE# 01125380 since 1991.
408-863-3020 - direct
1-408-549-9973 - efax
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