Real Estate Information

Hi All,

Well, I had this happen recently.

Basically there are one of 4 situation that occur when a property under contract does not appraise.

1. The Seller has to reduce the purchase price to the Appraised Price.

2. The Buyer has to pay the difference between the Appraised Price and the Contract Price (out of pocket).

3. There is some other negotiated agreement between the Buyer and Seller to bridge the gap between the Appraised Price and the Contract Price.

4. The deal falls apart.  If the deal falls apart, the Buyer should be entitled to a full refund of the Binder/Escrow Deposit.

With my most recent closing, the Buyer and Seller agreed to renegotiate the Purchase Price.

Let me know if you have any questions.  Feel free to all me at 850.545.9317, or email me chris@ringtherivers.com

Until Next Time!!!

Hey folks,

Just wanted to take a moment and let you know what I think about Home Warranties.

I think they are very important.  I have one on all the properties that I own.

My Home Warranties cost me about $400.00 per year, and the service call is about $50.00 depending on which property and what extras are covered.

Usually, every year I have an issue or two on each property.  So my out of pocket expense for the year is normally about $500.00 or so.

I just got off the phone with the HVAC Repair Guy who is going out to check out why the HVAC won't cool the house.  The value of picking up the phone and making a call to get a Service Professional out in a couple of hours is priceless.  If I did not have this protection in place, I would have spent over $500.00 on just this one call.

Last month, one of the Washing Machines broke.  Again, I made the call and the Service Professional was on site that day.  The Washing Machine was 20+ years old.  The

The best part about it, I am covered for the rest of the year for anything else that comes up.

If you have any questions about Home Warranties, and what my thoughts are, just let me know.

You can reach me at 850.545.9317, or email chris@ringtherivers.com

Until Next Time!!!

Hi Everyone,

Whether you own your own home or rental property, you are an investor.  Taxes are due today!  Are you using a  tax advisor/ accountant to help decipher your investments?  Take advantage of as many allowed deductions  as you can and decrease your tax basis.

Trust me you need all the help you can get.  Start today!  Get with a professional and strategize for next years tax time.  There is no bad time to start keeping better records and more importantly knowing what records to keep!  Get educated and keep more of your hard earned dollars!

Keep on Investing.  Let us help you find a viable property today!  Earn equity and take tax deductions to lower your tax liability!  Its a win win!

Renee Chaback, Broker Associate

Keller Williams Realty

Renee@ringtherivers.com

Hi Everyone,

Tallahassee has lots to offer folks in lots of price ranges.  If you are relocating here, we can guide you in the right direction.

Do you have a lender?  We can refer you to several lenders, who we know will find the best programs and rates to fit your needs.

Email me today for our Relocation Package!

Renee Chaback , Broker Associate, Rivers Team

renee@ringtherivers.com

I just got the following emailed to me by a Local/National Bank Loan Officer...

It is important that you know what and who you are dealing with.  If you don't, make sure your Realtor does, and can guide you in the right direction based on your specific needs.

My understanding in speaking with this Loan Officer, is this program works for Single Family Residential Real Estate as well as for Mult-Family Real Estate.  I doubt they would have anything like this for Commercial Real Estate in the Tallahassee area.

As always...till next time... chris@ringtherivers.com 850.545.9317

Chris

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     Flexibility • Security • Stability • Options • Choice

Thinking about moving to Tallahassee?  Here is an interesting article which came out in the Washington Post which tells all about Tallahassee:

http://www.washingtonpost.com/wp-dyn/content/article/2007/04/06/AR2007040600623.html

If you have any questions, please feel free to email or call me -

Sally Young

Buyer's Specialist

The Rivers Team

sally@ringtherivers.com

850-297-2255

Hey Everyone,

Tis the season to move!  Have you considered Tallahassee Florida?  Would you like to know more about our city and what it has to offer you?  Want a change of pace?  Big city amenities with a small town feel?

Call or email us today for our Relocation Package.  It is loaded with valuable information about Tally!  Let us help you make the decision to move here! 

I look forward to hearing from you:)  Welcome to Tallahassee!

Renee Chaback, Broker Associate, Rivers Team

Keller Williams Realty

Renee@ringtherivers.com

850-545-9334

Customer Service!  Customer Service! Customer Service!   The concept of a real estate team can be a foreign idea for most of the general public.  Historically, real estate has been a one man or women show.  So why should you entrust one of the most important purchases, or sales, of your life to a real estate team?  The answer is simple.  You don't go to a general practitioner to get heart surgery, or to a lawyer who dabbles in every part of the law to get a divorce.  Why should it be any different for buying or selling your home?  The fact is that different people and personalities have disticntly different skill sets.  And it  is only through constant repetition of doing something we love and are skilled at do we truly master our field!  

Specialization and Teams = Superior Customer Service

This is the view for a year...We did have a bit of a Market Shift in the 3rd quarter of 2006.  With Buyers starting to look again in Oct, Nov, and Dec.  Since about January 2007 I think the Buyers started looking back into the market.

Hi Parents/ Investors,

Now is the time to invest in your child's future.  Why pay outrageous campus living fees when you can invest and benefit from purchasing a condo/ townhome for your FSU /FAMU student?  Don't let your good earned dollars go to waste and get nothing at the end of 4 years!  Invest and make some money while your student is attending FSU or FAMU!  Teach your child why it is a good idea to invest by experiencing it yourself!

Here are just a couple of townhomes for you to view.  These are 3 miles from the FSU stadium!

Click Here to View Listings

We have lots more that are close to both campuses!

Call or email me today! 

Renee Chaback , Broker Associate

Renee@ringtherivers.com