Showing posts with label selling a condo in santa clara. Show all posts
Showing posts with label selling a condo in santa clara. Show all posts

Tuesday, March 12, 2013

Selling a Condo In Santa Clara, What About The Carpets?


If you are selling a condo in Santa Clara in the next few months you will probably have a lot of activity with many buyers interested in the Santa Clara Condo you are selling. In order to get the best price and terms for your Santa Clara condo you should make it look as good as possible.

If the carpets in Santa Clara condo you are selling are in bad condition or smell, you will probably get a better offer if you change the carpet. Nothing turns off buyers more than dirty smelly floors. Many condos do allow laminate flooring if the condo has anyone below, so if that is the case with the Santa Clara condo you are selling then you should replace the carpet. If you are allowed to have a laminate floor, I would highly recommend it. Buyers love laminate/wood floors and they are worth more than the cost to install if you are allowed.

Selling a santa clara condo
If you need to stick with carpet because of either HOA rules or costs, then you are left with the decision about what type of carpet and what color.  In my experience the color of the carpet in the Santa Clara condo you are selling is much more important than the type of carpet. I would recommend that you go with a darker carpet and lighter paint on the walls. However, you could also consider a lighter carpet with a few walls that are darker for accents for the Santa Clara condo you are selling

Short pile patterned carpets are very popular right now and give a more modern look, but if cost is a factor when selling your Santa Clara condo you can go with an inexpensive plush carpet in the right color.

So remember when you are selling a Santa Clara condo don't put it on the market with a dirty smelly carpet. If you can put in laminate that is ideal. If not get a new carpet that is darker with light painted walls, or lighter if there are some darker walls for accent.

If you have any questions about selling a condo in Santa Clara please feel free to contact me.

Marcy Moyer
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285

Thursday, March 7, 2013

When Selling a Santa Clara Condo Which Contingency is Riskier?


If you are a Santa Clara condo seller which do you think is riskier for you, not the buyer, taking an offer with a loan contingency, or taking an offer for your Santa Clara condo for sale with an inspection contingency?

This question pre supposed several givens:

1. You have multiple offers from which to choose

2. The buyer has been fully pre-approved by a direct lender, is from this country or has the legal status necessary to obtain a loan, and did not ask for an appraisal contingency.

3. You have done all of the inspections on your Santa Clara condo before the sale including property, termite, roof, chimney, and have all of the HOA documents.


So assuming all of the above conditions have been met, and you have several offers which are around the same price, which would you prefer?

As a Santa Clara Estate Agent my choice is different than what you may think.
I think it is riskier for a seller to take an offer for the home being sold in Santa Clara from a buyer with no loan contingency, but a property/disclosure contingency.

Here is my thinking/experience:
1. Most buyers in this market have ample income and assets to get a loan. As long as there is a strong pre-approval letter a loan contingency should not be a problem. If you have a strong buyer and one bank has a problem with the loan, there is most likely another bank who will do it. With a loan contingency there is only one reason to get out of the contract, and that is the buyer just can not get a loan.

2. A property/disclosure contingency is open ended. The buyer can use any excuse about the property, neighborhood, schools, city government, they want if they want to get out of the contract to buy a Santa Clara condo for sale. Also, things can come up on the buyer's inspections that could ultimately cost money if they say they will not buy the house if you don't fix, replace, or do something expensive to the Santa Clara condo for sale.


I believe if you have to choose between an offer for the Santa Clara condo you are selling with a loan contingnecy, and one with a property contingency, the loan contingency is generally the less risky of the two contingencies.

If you have any questions about selling a condo in Santa Clara please feel free to contact me.

Marcy Moyer
Keller Williams Realty 
www.marcymoyer.com
marcy@marcymoyer.com
D.R.E. 01191194
650-619-9285