Tom Sommers Real Estate Agent

The answer is simple but its good to know what they are and how they work. Who pays for them?

Yes and no depending on the situation. Find out what the correct answer to this question is if you are a home buyer or home seller.

You decide for yourself by learning what a real estate agents value is. What is my role as your agent?

Are Real Estate Prices Going Down? This is a very broad question and has a lot to do with the state and city you live in. There are patterns though that you can use to answer that question.

Are Real Estate Taxes Deductible? Yes but learn how that all works. Its one of the many great benefits of owning a home.

It doesn’t matter if you are a first-time homebuyer or someone who’s purchased several homes, a lot of these terms in real estate get very confusing. Two common terms that are often misunderstood are encroachments and easements. Both of these play a role when you purchase a home and as a homebuyer, it’s good to understand the difference.#tomsommersrealestateagentminneapolis, #ericmckennarealkestateagentpittsburgh

Understanding how real estate title works in a purchase is an important part of the transaction. We will cover what a cloud on the title is and how title work gets done and what title insurance is.

If you are looking to purchase and acreage property, lake home or any other type of property not located in a city or town, you may have to deal with either a well or septic. More than likely it will be both. In this episode, we discuss the important points to consider when dealing with the property with either of these items.

Paralysis by analysis is a term that comes to mind. Are you over analyzing your home search to the point where you’re missing the perfect home that staring you right in the face? This is a real thing that happens to homebuyers and if you are aware of it you can take steps to minimize it to make your home search easier.

There are 2 types of sellers disclosures that are the most common in residential real estate. Learn about them and what you should look for as a home buyer.

Find out the steps you will need to take to buy a home. I also address VA appraisals. Tom Sommers 952-994-7204

Another misunderstood clause in real estate that many people overlook. It’s not a make or break statement but it does have implications to your purchase agreement or sale. Learn what those are and exactly what the term means

The term "AS IS" could be the most misused and misunderstood term in real estate. Find out what it means and how it can impact you.

Home buyers get frustrated, it’s part of the process. The more you can minimize this, the better the experience will be and the more focused you will remain to find the very best house. This is a feel-good episode that sympathizes with you if you are looking for a home and you are frustrated by the experience.

The appraiser has the power to make or break the purchase of your new home. Learn all you can about that process.

Communication and follow-up are the two most important things to a successful real estate transaction. This may seem like common sense but there are many who don't carry this trait. Find out what we are talking about because it goes beyond just talking to your agent

This is our last installment on our series about how to buy a home and the steps to get you there. Find out what closing day entails and how to prepare for it

Whether you're in multiple offers are not, it's good advice to make your offer stand out. How do you do that? Take a few minutes of your day and I will share with you how it's done.

There's so much more to the final walk-through than just looking at the home you're purchasing over the next couple of days. We discuss all the different reasons to do the final walk-through. Some will be very obvious and some may surprise you

Buying home insurance is important part of purchasing a home. Many real estate agents don't go over the details with their clients because they assume that the insurance company will handle that. That part is true, the insurance agent is the one who will help you choose the best policy. However it's the role of the real estate agent to make sure that you get all of this done in a timely fashion

This is a very important piece to purchasing a home that gets overlooked, find out the roles that both of these play in getting you to the closing table for your new home.

There are several different reasons to get a home inspection. We cover all of those plus how to choose an inspector, what questions to ask and what you should be looking for in picking the right one.

Both are very important functions in purchasing a home but are very different from one another. Learn the differences along with the difference between an inspection and a time of sale or truth in housing report from the city.

There's an art to negotiation and there is an art to putting the right offer together to purchase a home. Learn some of the options you have to make yourself look even better to that seller

When you're looking for a home with a homeowners association and management company, it's important to understand what services they provide and what you are getting for your money. I go into detail regarding both of those as well as the difference between costs and what it should cover.

One of the biggest concerns home buyers have when purchasing a home is the fear of getting into a multiple offer situation. Here's a great idea to give you the edge over your competition

Home buyers view owning a home as part of the American dream. Whatever reason you may have for wanting to purchase a home, here's a few more that make owning a home a great financial investment. The tax savings are real and they make a difference to your bottom line

As a buyers agent, we work for you for free because we get paid by the seller. Since there's no out-of-pocket expense to you, why wouldn't you choose the very best agent to represent you? Buying a home could be the biggest financial investment you ever make. Find out what makes a great real estate agent and loan officer

If you are buying a home, even with seller paid closing costs there are still additional out-of-pocket expenses. Find out what they are and how much extra money you will have to have to purchase a home.

Depending on the current real estate situation, you could find yourself in multiple offers. Do you pay more than list price at a better interest rate? How do you come out ahead?

Hello and welcome to the first-time homebuyers podcast. Meet your hosts Tom Sommers with Coldwell Banker Burnet in the Minneapolis-St. Paul metro area and Eric McKenna with RE/MAX in the Pittsburgh area. On the first show, we discuss renting versus buying a home.

Does A Dream Home Even Exist? I don't believe it does, but that does not mean you can find an amazing home!

It seems like there are so many different status markings on a home, it makes you wonder if the home is for sale at all. What Does "In Foreclosure" Really Mean?