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Main Real Estate Do’s & Don'ts
and
Good Things to Know About Real Property
(in progress)

Subject: Valuation

a  DO:

for Sellers:
Properly value your home prior to listing. This is one of the most important things a seller needs to do. For the best valuation, you should consider getting an appraisal. Only licensed appraisers are qualified to perform this task. A real estate agent who is not licensed as an appraiser, will be only able to do a comparative market analysis; this is not as valid as an appraisal. Suggestion: Take the time, and do it right.

(Note: Good news! I am an appraiser, and I’ll help.)

for Buyers:
Work with a Realtor-Appraiser. You’ll be given the best information about the value of property you desire.

Subject: Deeds Which Convey Property Rights

General Warranty Deeds vs. Special or Limited Warranty Deeds

When transferring real property, the Seller (known also as the Grantor), is required to provide a specific warranty to the Purchaser
(Grantee, receiving the grant) by issuance of a document known as a deed. 

The highest form of deed to be received is the General Warranty Deed.
In receiving this deed, the grantee will have the fullest protection and warranty against title defects and will receive the highest
quality of title.  The grantee receives 5  warranties (covenants):

    1-The grantee is guaranteed that the grantor owns the property with the right to convey to the grantee the rights of ownership.
        (Covenant of Seisin)

    2-The grantee is guaranteed that there are no encumbrances against the property, except those which may be noted in the deed.
        (Covenant Against Undisclosed Encumbrances)
 
    3-The grantee is guaranteed that there are no superior claims or right(s) to the property by any other persons or entities.
        (Covenant of Quiet Enjoyment)
 
    4-The grantee is guaranteed that if a superior claim to title would arise, the grantor will do whatever is necessary to deliver
        clear title.  (Covenant of Further Assistance)

   5-The grantee is guaranteed that if a title claim cannot be cleared, the grantor guarantees monetary compensation for the loss.
        (Covenant of Warranty Forever)
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

If a grantee receives a Special or Limited Warranty Deed, there is only 1 Covenant.

    1-The grantee is guaranteed that there are no encumbrances against the property, specifically and only those caused
        the grantor.  There is no guarantee against previous owners.
        (Covenant Against Undisclosed Encumbrances)

NOTE:  The Special or Limited Warranty Deed is mostly used by trustees, custodians, agents, and executors.

Subject: Home Condition Before Listing

a  DO:

for Sellers:
Consider a home inspection if your home is aged or if you want to expedite the sale of your home. A home inspection will help you better see home deficiencies (if you have any). By correcting these before listing, you’ll be able to better market your home and overcome any issues a purchaser would have had.

The time and aggravation you can save is astounding. Plus, you’ll generally be rewarded with a higher sales price!

Consider painting and decorating for a brighter look.    
Generally, neutral colors and decor are preferred.              

for House Painting- Interior & Exterior:

 ●  M. A Painting
(Miguel Odria)
(703) 623-6826

for Home Inspections:

● Ron Trostel 
(703) 244-1063
http://R_Trostel.tripod.com/hinv