Showing posts with label buy real estate. Show all posts
Showing posts with label buy real estate. Show all posts

Friday, June 1, 2012

The Four Main Different Types of Deeds to Convey Title


There are four main types of deeds used in real estate to convey title, and they vary based on who is using them and what they are being used for. Before you buy your next home, make sure that you are getting a deed that will benefit you the most.

The following is a rundown of the types of deeds and how they are used:

General Warranty: A general warranty deed offers the best protection for buyers. In a general warranty deed, the grantor is bound by certain warranties, which may include ones that are specifically stated or ones that are implied. These may also involve a covenant against encumbrances, a covenant of seisin, a covenant of quiet enjoyment or a covenant of further assurance.

A general warranty deed will extend through the entire lifespan of the property rather than just the period in which the seller lived there. Therefore, the seller or grantor is responsible not only for title issues that occurred while they were living there, but also for those that occurred before their ownership of the property.

Special Warranty: The person who grants a special warranty deed will give two warranties. The first is simply that the grantor has received the title. The second warranty is that the grantor acknowledges that the property was not encumbered while they owned it.

In short, the special warranty only covers any title problems that may have occurred while the grantor owned the property. These deeds are typically used by trustees and executors, and are far less beneficial to most buyers than the general warranty deed.

Bargain and Sale: The bargain and sale deed only warrants that the grantor has the title to the property. It doesn’t warrant against any encumbrances and doesn’t promise that the title held by the grantor is in good standing. These deeds are typically used for foreclosures and tax sales.

Quitclaim: A quitclaim deed offers the least amount of protection for buyers. It gives the buyer no covenants or warranties, and only conveys interests that the grantor has in the property. These deeds are typically used for transferring property from one family member to another and for fixing problems in the title.

Working through the process of determining a deed can be complicated process, and to get the most out of this experience, you should work with a highly qualified, experienced real estate agent in the Chester County area. 

Tuesday, March 27, 2012

Social Media and Selling Real Estate


Are you looking to sell a property in Pennsylvania? In recent years, social media has gone mainstream, but it isn’t only being used to keep in touch with friends and family anymore. Many companies use Facebook and Twitter to market themselves online, and Chester County real estate is following close behind. When selling a home in PA, it can be beneficial to utilize social media outlets to get a home sold fast and for the highest price possible.
chester country real estate, selling property in chester county PA

Many real estate companies have an entire Facebook or Twitter page solely for creating posts about new homes on the market. The key to keeping readers updated and obtaining more friends and followers is to update information regularly. Administrators of the page can post basic information about the house, and can also link to pictures and YouTube videos that might give potential buyers a look on the Internet before they see the house in person. 
Social media updates may also include important information, such as when open houses are going to be available.
When selling a home in PA, the most beneficial part about marketing Chester County real estate using social media (rather than a basic website) is that buyers are able to interact with the sellers online. A seller that wants to sell PA property can easily put an advertisement in a magazine or publish content to a website about a house for sale, and have no idea how people are reacting to the ad or how many people are even seeing it at all. When a home is post on Facebook, however, immediate results are seen.
Based on the comments and “likes” for each post, a seller will be able to tell right away what people think of the houses being posted. Likewise, buyers can post on the seller’s wall to provide their opinions or request information for home listings based on their individual needs. It’s a win-win situation.
Posting information on open houses and showings can be helpful, but another important factor that Chester County real estate experts take into consideration when making their posts is that buyers often do not have enough knowledge in the world of real estate when going into the process. Most home listings will not pertain to every single person reading the seller’s Twitter posts, so real estate companies have taken to posting general information about the industry to keep potential buyers informed and interested until they finally find their dream home.
Sharing these trade secrets will make buyers feel more comfortable, and will also invite other professionals in the business to lend their own opinions.
Whether it involves updating information on business trends or posting videos to promote specific homes for sale, social media has proven to be a great aide when it comes to selling PA property. Buyers can ask questions and find the perfect home without having to settle, and sellers can get top dollar on their homes quickly by frequently updating social media pages.
To learn more about buying and selling your home in Chester County, PA, call Liz Saunders at 1-888-914-4833 or send her an email.

Thursday, February 16, 2012

The Homebuyer Ready Program from Coldwell Banker

In order to be more competitive in today's challenging marketplace, sellers need a way to make their properties stand out and buyers need a way to sift out the good homes from the bad more than ever before.  


The exclusive Homebuyer Ready program from Coldwell Banker offers quicker closings through pre-inspection, corrective work, seller disclosure statements, home protection plans, competitive market analysis and title search. An advantage to sellers and buyers alike, the Homebuyer Ready program provides a simple and direct route to closing on your home.


Buying or selling a home is a huge step in a person’s life and should not be taken lightly. Coldwell Banker Homebuyer Ready participants have all forms of advertisement for their homes stamped with the Homebuyer Ready seal of approval so that they’re easy to spot. This tells buyers that the home is approved by the program and has gone through the following:
  •      A pre-inspection by a licensed house inspector
  •       Comprehensive marketing analysis to insure fair pricing
  •       Complete title work
  •       A Coldwell Banker Home Protection Plan


Sellers will enjoy the benefits of the program just as much as buyers. A house that is highlighted as Homebuyer Ready will attract serious buyers who are looking for the best possible option. A “waste-no-time” deal, Homebuyer Ready homes are packaged specifically to get immediate reactions from buyers and other realtors.
These homes will also stand out to buyers because unlike many other houses on the market, they will already be title searched and pre-inspected. An easy, no-strings-attached choice, the Homebuyer Ready program offers both parties peace of mind that they are making a good deal.
Buyers: Would you like to know more about what may be your future home before you put an offer on it? Would you like to enjoy fewer surprises before closing?
Sellers: Would you like to attract serious buyers? Would you like to make your home stand out amongst the competition?
If you’re looking for fewer hassles and quicker closings in Chester County, PA, call 610-363-6006, or contact Liz Saunders directly at 1-888-914-4833. She can assist you with real estate information and connections just about anywhere in the world.