"honesty and integrity..."
“Speaking on behalf of my company, I want to thank you for being part of my team which has experienced two decades of homebuilding and real estate success. Four years ago I researched and interviewed three influential & distinguished brokers to assist my homebuilding and real estate business with the following goal; downsizing my business allowing me time to reap the fruits of my passion. The three different brokers consisted of one of the biggest, to the middle size and then the small rising star broker. All of them having different valuable assets to assist my homebuilding and real estate company. I chose Jo Henrion, the rising star then, and I choose her now. Jo meets my expectations of what I believe to be an extension of my business belief. Portraying honesty and integrity in all dealings while maintaining a professional approach with a warm smile and great personality. She has expertise of the market conditions for my target market and converting that power and knowledge into the ability of marketing and selling the new homes that my company “Vision Builders” is building. She operates a small company focused on customer service with the attitude of quality, not quantity. She has a hungry approach to listing and selling real estate and does what it takes to get the job done. She sits her own open houses, answers her own calls and puts the deals together. If you’re considering any real estate endeavors, I can highly recommend both professionally and personally, Jo Henrion.”
Christopher Mendrick, President-Vision Builders
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First Time Buyers >The Seller May Pay
The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.
One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.
Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.
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| Q |
On what famous American street can you find the most expensive retail space for rent anywhere in the world?
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| A |
Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot. |
 See More Real Estate Trivia > |
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