Sellers – Protect your interests and your money!

 I am starting to notice an alarming new trend happening during real estate transactions.  Sales not closing as per the signed and agreed to contractual closing date.  This is a violation of the terms of the sale, and grounds for termination of the contract by the seller. 

 Whether the delay is caused by the buyer, the lender, the association management company, the surveyor or the appraiser, is not the issue.  The issue is that the delay is costing you, the seller, money.  Real estate taxes, homeowner association fees and interest accrue every day the property is in your name, and these unexpected increasing expenses were not incorporated into the agreed upon sales price and contractual terms.

 Do you have recourse? Of course, you can terminate the contract and start over, or you can try to negotiate that the buyer be responsible for the increasing costs when they present you with an Amendment to extend the closing date.  Both options are unfavorable with the second adding risk to the negotiation and finalization of the deal.

 So, what do I suggest?  I’m working with an attorney to provide the appropriate legal verbiage to add to the Special Provisions section of the contract stating from the onset of the contract that the buyer will be responsible for any added expenses to the seller for any and all delays extending the closing beyond the original closing date as specified in the contract not caused by the seller.

 For you potential sellers out there, I just wanted to alert you to a potential issue, and provide you with ideas to advert loss of your hard earned money.

Written by, 

Bill Barkley, Owner & Broker for River Valley Real Estate

River Valley Real Estate

19202 Huebner Rd, Suite 100

San Antonio, TX. 78258

210-853-5327

www.rivervalleyre.com

Neutral with a Hint of Glitz

Neutral with a Hint of Glitz by rvreco featuring a cream colored bedding

Our featured room inspiration this week focuses on taking your sanctuary up a notch with cozy neutral colors and a hint of glam to add subtle sophistication to your bedroom. 

I started with grey walls to set the mood for this relaxing retreat. The right paint color is like choosing the perfect frame. Choose wisely, it can make or break a room. The cream colored linen upholstered bed is the true focal point of the room. The throw pillows brighten up the crisp white bedding to make it more inviting. If you're lucky enough to have a fireplace in your bedroom consider me jealous. Fireplaces not only add warmth to your room but also allow you another opportunity to showcase your decor without cluttering your dresser. 

The darker colors on the window panel and picture frame add much needed contrast to the softer colors in the room. With the pieces on opposite sides of the room, it creates balance and harmony. It's important to note that despite the darker color, I chose a sheer panel to let in as much natural light as possible.

Mirrored furniture and a crystal chandelier are a great way to add glamour and sophistication to a room. The silver hardware on the chandelier compliments the overall design. Don't be afraid to go big when it comes to your light fixtures. They can really pull a room together. 

Texture is key in a room that promotes relaxation. From the cable knit throw pillows on the bed to the over-sized chair adorned with a faux fur throw, this room truly says home. 

If you're interested in any of the above pieces, click the picture for purchasing information.

Be sure to stay tuned for more room inspirations from River Valley Real Estate Co.