Author: Phyllis Cronbaugh

General Question – Real Estate Inspector Myths “So, Phyllis, when is the real estate industry going to do something about these unqualified home inspectors that won’t reject homes that are about to collapse?” This question came from a networking friend and another person in the group followed it with, “I know someone whose house was rejected by an inspector because there was a little bit of peeling paint on one side of the house.” They were coming at me from both sides of the fence. I stammered, “Well, home inspectors don’t reject homes, and yes, there are some poor...

Seller Question – How much is my house worth? Please, sellers, don’t take offense, but this is not a valid equation to figure the value of your house. What you and your neighbors paid for their houses, if it was more than three to six months ago, has no bearing on today’s value and neither does inflation. Even if inflation were a factor, in the past several years, I don’t believe the Social Security Administration has acknowledged that prices may have gone up. And, you definitely can’t count on county tax records that many sellers cite as proof of...