Steve Miller, Assoc. Broker

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Steve Miller, Assoc. Broker,  in Rome, GA. Keller Williams Realty
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About Me
Licensed in Georgia. ABR and E-Pro Accredited by the NAR. Expert in residential sales in the Rome and Floyd County, GA area. Relo and REO Specialist
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Steve Miller,…'s Questions (0)
Steve Miller,…'s Answers (24)

Termite closing letter-- is it enough?

Steve Miller, Assoc. Broker answered:
UNfortunately Hank may be incorrect in his answer if you are using the standard GAR Purchase and Sale Agreement as your "contract". There are a few ares where inspections are mentioned, however, it is now, according to the GAR contract the responsibility of the BUYER to preform the termite inspection. Rightfully so,, I might add. Look at it this way. In the event the "se;;er" is to provide the letter, and has a "friend" do the inspection, there are certainly opportunities for you, the buyer, to be misled as to the real situation with termites. By you ordrering the termite letter, you choose the inspector or company, you pay them, and they work for you. No incentive for them to be anything other than totally honest in their assesment of your home. Please discuss this with your agent and hopefully he/she will advise you to order the letter yourself so you have an accurate picture of the homes condition. Believe me, it'w worth the money even if you pay for it yourself. - Steve - Wed Dec 19 2007, 11:40

How long should We expact our house to be on the market?

Steve Miller, Assoc. Broker answered:
Well . . . . . the short answer is WHO KNOWS. Any specific time frame by anyone, would be a "guess" at best. However, the home with the best appeal of the top 1/3 of available homes, and priced below those which are most competitive, WILL SELL FIRST AND FASTEST.

Key here is to make suer that your home stands far above all others in condition and price. Foreclosure companies learned this first and acted to create a sellers market while everyone else was in a buyers market. What they did was to make sure the home was in the best condition possible and then priced it slightly BELOW appraised value. The end result was the buyers saw this as an opportunity to buy the home at a "right price" and found buyers bidding up the offers so they actually were able to increase the market value in a buyers market. Hope this helps - Steve - Mon Oct 22 2007, 14:06
Steve Miller, Assoc. Broker answered:
Shawn:
If you're referring to being listed on the Trulia site, your agent would need to be set up with a service that would add your home automatically to Truila, or at least place it on the site manually. In either event I would be calling them to ask this question because you will need as much exposure, as quickly as possible, in today's buyer's market. Good Luck - Steve - Mon Oct 1 2007, 12:18

How do 1031 exchanges actually work?

Steve Miller, Assoc. Broker answered:
Nate:
Doubt you'll get a better, more precise answer to question than Ute has posted. While the information she's provided should prove to be helpful in answering your basic question, the best advice is to get a qualified real estate agent as well as an intermediary involved as soon in the process as possible, and definitely before you contract to sell your present investment property. - Steve - Sun Sep 30 2007, 13:28
Steve Miller, Assoc. Broker answered:
RC:
Looks like your search is in the Savannah area. Try going to the Chatham County web-site at http://www.chathamcounty.org/assessor.html and pull the property record card. Also, the assessed value is not a number that you'd want to use to determine fair market value, however a local Realtor could get you that information by doing a CMA or BPO for you. Hope this helps you out some. - Steve - Sun Sep 23 2007, 14:01
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