What does REO stand for?

REO means Real Estate Owned.  This is a term which banks use, meaning the property has been foreclosed on and the bank now ownes it.

Give me a call for all of your real estate needs.  Jo Ann Thomas  406-628-2903

If I find a home that I would like to make an offer on, how can I make sure that I am not offering too much?

You need to have a Real Estate Agent that is representing you.  As part of their services to you, they will do a Comparative Market Analysis (CM) on the home to find out what other homes are selling for in the area.  They will take that information, the condition of the home, and the history of the listing to help you determine a fair amount to offer for the home.

Call me today to let me help you with a successful home purchase.

                                              Lisa Baumberger
                                              406-208-5560

Do I need a home inspection?

Answer: This is a decision that is up to the buyer. Buying a home is one of the largest decisions people make in their lifetime. A home inspection helps buyers feel more comfortable.


Call Krista Bailey at 591-3653 with your questions

What are some of the problems encountered in selling your own home?

1. Most buyers that are drawn to FSBO's (for sale by owners) are bargain hunters looking to buy below market value.
2. Most buyers are wary of dealing directly with a seller.
3. Most buyers will want a real estate agent to negotiate with the seller and to handle the paperwork.
4. Some buyers are looking to take advantage of a FSBO's lack of knowledge in selling and negotiating real estate transactions.
5. Most FSBO's (75%) will list with a real estate agent in the long run but will have wasted a great deal of time and money advertising and encountered a great deal of frustration.

Contact Larry Thomas for more information and help selling your home or purchasing a new home.  628-2903