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Tuesday 14 June 2011

Ann Arbor Homes for Sale

Ann Arbor has a wide variety of homes for sale with different price ranges and styles. Moving into your new home is absolutely hassle-free if you purchase a regular home for sale that is not distressed, since you negotiate directly with the owner. No need to worry about a third party or lender. Each transaction with a traditional Ann Arbor home sale is less complicated and saves the buyer a lot of time.

Short sales are also a good option for homebuyers looking to save some money. Purchasing a short sale also gives you instant equity, although it takes lots of time and patience on the part of the buyer for a short sale to be processed. Most short sale homes are still occupied by the owners who could barely afford the repair and maintenance of their homes.

Bank-owned homes for Sale are also good bargains. Banks have no option but to dispose their entire inventory so they agree to sell it even for a very low price just to get their money back. But buyers must be very careful and cautious in buying foreclosures. You may think you got away with a good bargain but end up shelling out more money for costly repairs, since most owners leave their foreclosed homes in a bad condition.
Ann Arbor Homes for Sale in different types of communities; from a retirement community to an active urban community, or even a community for families with growing children. There are also communities to suit different types of needs and tastes such as gated communities, golf communities, subdivisions, and even rural communities for those who prefer a more secluded environment.

With almost 74 miles of land, Ann Arbor is the biggest city in Michigan. The population reached 94,000 as of July 2009 and is still growing. The city is conveniently situated in between Chelsea, and Dexter, Ann Arbor and provides commuters easy access to the Interstate. A city that offers accessibility to airports, sporting venues and the famous white sand beaches of Florida.

Searching for Ann Arbor homes for sale is easy with search categories such as price range, location, size, and type. You could also sign up for email alerts which will give you information of new homes as soon as they are listed on the market. You can even forward these email listings to family and friends to share and compare. It’s necessary to offer pricing, terms and conditions that are competitive in your market. This will help you sell faster and get the full market value.

Real Estate Agent Vs Realtor – What’s the Difference?

A lot of people use the two terms, realtor and real estate agents in case of each other. But this isn’t correct. There are differences which exist among the two and hence they aren’t the same thing and neither can you use one term in place of the other. Both of them might have licenses to sell but then realtor is under trademark.

This means that they are a member of the NAR, Mational Association of Realtors. If we take the US for example, then you will find that all of the real estate agents have a license which helps a consumer to buy as well as sell commercial property. But then all realtors aren’t real estate agents.

But then the most important difference which exists among them is that the realtor has to subscribe to the “Realtor Code of Ethics”. But then to a consumer, what does this really mean?? Well the code of ethics is quite strictly enforced. It has 17 articles and also different underlying standards of practice. This isn’t just a whole bunch of rules which the agents have to swear to adhere to and uphold.

These standards are actually quite restrictive and also confining considering the rest of the rules and regulations other government agents have to follow. Search novi realtor, rental properties, and find out information on recent home sales.

Now just because the realtors have to follow a code of ethics, this doesn’t really mean that they are ethically or even morally better than the real estate agents. Now there are 17 things which is the basic difference between the realtor and property agents, which the realtors promise they will do.

• Will pledge to put all of the interests of the buyers as well as the sellers before their own ones. Also to treat all of the parties which are involved honestly?
• Will refrain from over exaggerating or misrepresenting or even concealing material facts. They are also obligated to investigate as well as disclose various situations which are not the case with property agents.
• Will cooperate with the other brokers or agent when the best interest of the client is at hand. You will find that even with the best interest of the client at hand, the real estate agents will be selfish.
• Will have a duty of disclose information if they actually represent family members who usually own or actually are going to buy the real estate.
• Will not be allowed to collect any sort of commissions with the knowledge of the seller.
• Will not provide any sort of professional services during a transaction.
• Will have to refuse the fees from a party without the consent of the other parties.
• Will not co mingle the funds of the client along with their own?
• Will not try to ensure that all of the written documents are easy to understand and will provide everyone with a copy of whatever they sign which is usually not done by real estate agents.