Vince Grillo

Exceeding Your Expectations!

Direct:   302-429-4534
Mobile:  302
Toll Free:  800-438-2961
Office:  302-656-3141

Neighborhood Reports




The 10 Worst Mistakes Smart People Make When Buying Or Selling A Home ... and
How To Avoid Them.

Home Sellers:

bullet Mistake #1: Basing their asking price on needs or emotion rather than market value. Many times, people make their pricing decisions based on how much they paid or invested into their home. This can be an expensive mistake. Overpriced homes take longer to sell and eventually net the seller less money. Consult with a professional real estate agent. They can assist you in pricing your home correctly from the beginning.
bullet Mistake #2: Failing to "showcase" their home. First impressions are the most important. Experience shows that for every $100 in repairs that your home needs, a buyer will deduct $300-$500 from their offer. Thoroughly clean and prepare your home before you put it on the market if you want top dollar.
bullet Mistake #3: Signing a listing contract with no way out. Most traditional real estate agents want you to sign a listing contract with no way out. When you list you home with me, you can cancel your listing agreement with just 24 Hours Notice - It's the Patterson-Schwartz Promise, no questions asked.
bullet Mistake #4: Choosing the wrong agent or choosing them for the wrong reasons. Many homeowners list their home with the agent who works for the biggest company. You need to choose the agent with the best marketing plan and track record to sell your home.
bullet Mistake #5: Not knowing all of their legal rights and obligations. Real estate law is complex. The contract that you will sign when selling your home is legally binding. Small items that are neglected in a contract can wind up costing you thousands of dollars. You need to consult a knowledgeable, professional who understands all the infinite details of a real estate transaction.

Home Buyers:

bullet Mistake #6: Not knowing how much they can afford before they make an offer. The easiest way to avoid this mistake is to get pre-approved for a mortgage by a lender so you know in advance exactly how much you can afford.
bullet Mistake #7: Not realizing in advance who the real estate agent represents. Most people think that the agent they are working with is working for them. But unless they are working as your buyer representative, they represent the seller.
bullet Mistake #8: Not realizing that the wrong mortgage can cost thousands of dollars in needless interest and taxes. Check with your accountant before you make your final decision on which mortgage you are going to choose. Your CPA will be able to tell you what the long-term effects will be on your income.
bullet Mistake #9: Not discovering hidden defects before they buy a home. One of the most expensive mistakes is also one of the easiest to avoid, by having a professional pre-purchase home inspection.
bullet Mistake #10: Not knowing how much credit can affect their ability to buy or refinance a home. Before you buy a home, many of the clouds on your credit history can be cleared up or even eliminated. Your mortgage professional can help you review and prepare your credit file in advance.

Get Pre-Qualified Today: (Free - No Obligation) - Gilpin Mortgage

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Selling a home?   Buying a home?   I can help you to avoid these and many of the other costly mistakes.  Call or e-mail me today for details!

Vince Grillo

Direct:  302-429-4534
Mobile:  302-463-5859

Exceeding Your Expectations!

3705 Kennett Pike
Greenville, DE 19807
Office:  302-656-3141



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