Rutman Burnside Realty Group

Portsmouth Ohio Real Estate



740.354.HOME
hello@rutmanburnside.com

1118 Hutchins St. Suite B Portsmouth Ohio 45562

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Selling FAQ’s

Can I stay in the house longer than the date stated on the purchase agreement?

Answer: Not without reaching an agreement, in writing, with the buyer to postpone or change the closing date or allow you to remain in the home past the closing date. The buyers are under no obligation to accommodate your request and can force the closing to proceed as scheduled, with you vacating the property as noted in the purchase agreement. Should they agree to your request, you should anticipate paying extra for both the accommodation as well as the extra time in the home.

Do I have to accept an offer made on my home?

Answer: No. But if the offer exactly mirrors the conditions of the listing agreement under which you have offered your home for sale, you may be obligated to the real estate agent for the commission. Both buyer and seller must sign the agreement for it to become binding.

I think I can get a higher price for my home than the offer I accepted. Can I back out of the deal?

Answer: No, not without potential consequences. Exactly what you can do and how much it will cost you will depend on how the contract is worded and Ohio law. You might not be able to get out of it at all. If you break the contract, in Ohio, the buyer can sue for monetary damages and force you to sell him the property. In addition, if you used a realtor, he or she can probably sue you for the lost commission, too. We suggest you start by hiring an attorney who can tell you what you are likely to face if you break the contract. Hiring an attorney is only the first expense of many you are probably going to have if you choose this path.

I've decided I want to take some items in the house that were originally to be left with the house. Can I change my mind?

Answer: Not without reaching an agreement, in writing, with the buyer. If you’re taking additional items from the home, reducing the value of the home, expect a reduction in the purchase price of the home by an equal, or possibly greater amount, than the value of the item. The buyer isn’t obligated to accommodate your request.

The purchaser asked for an extension to secure financing. Do I have to agree?

Answer: No. The terms of the purchase agreement should reference any contingencies with regard to financing. If there is not a reference to obtaining financing, you may force the sale and take the buyer’s earnest money if he can’t come up with financing in time for the closing.

What information must I reveal about the house on the disclosure statement?

Answer: Any and all defects you are aware of in your home. The disclosure statement covers material or major defects that the owner has knowledge of, including:

  • Appliances
  • Structural defects and modifications
  • Possible easements
  • Neighborhood problems
  • Other material facts that may affect the potential purchaser’s decision

The federal lead paint disclosures apply to the sales of residential property, including mobile homes, constructed before 1978 and require sellers to disclose known lead hazards by providing an informational booklet and a disclosure form attached to the purchase contract.

What is a listing agreement?

Answer: If you do decide to hire a real estate agent to assist you in selling your home, he or she will define the terms of your agreement in writing. This is called a listing agreement. The agreement will cover such items as:

  • Length of time the agreement covers
  • Commission to be paid to the agent
  • Advertising or other promotional materials the agent will provide
  • Sale price of the home

Why should I list my home with a real estate agent instead of selling it myself?

Answer: Many homeowners successfully complete the sale of their home without using a real estate agent or lawyer. Those who complete the sale on their own are responsible for all aspects of selling a home including:

  • Advertising
  • Following up on potential leads
  • Accurate and timely completion of all paperwork
  • Following the laws and disclosures required when selling real estate

 

Pending
Residential$115,000

2711 South Willow Way Portsmouth

2711 South Willow Way
Portsmouth, OH. 45662

  • 3Beds
  • 1.5Baths
  • 1,566Sq ft
View Listing
Pending
Residential$119,000

2229 McKinley Portsmouth

2229 McKinley
Portsmouth, OH. 45662

  • 3Beds
  • 1.5Baths
  • 1,476Sq ft
View Listing
Active
Residential$215,000

3359 Old Post Rd. Portsmouth

3359 Old Post Rd.
Portsmouth, OH. 45662

  • 3Beds
  • 2.5Baths
  • 1,759Sq ft
View Listing
Active
Residential$59,000

1309 McConnell

1309 McConnell
Portsmouth, OH. 45662

  • 4Beds
  • 2Baths
  • 1,812Sq ft
View Listing
Pending
Residential$155,000

3499 Lick Run Lyra Wheelersburg

3499 Lick Run Lyra
Wheelersburg, OH. 45694

  • 3Beds
  • 2.5Baths
  • 2,016Sq ft
View Listing
Pending
Residential$750,000

229B Patriot Ridge Dr. Wheelersburg

229B Patriot Ridge Dr.
Wheelersburg, OH. 45694

  • 5Beds
  • 5Baths
  • 3,624Sq ft
View Listing
Sold
Residential$79,000

2021 High St. Portsmouth

2021 High St.
Portsmouth, OH. 45662

  • 3Beds
  • 1.5Baths
  • 1,360Sq ft
View Listing
Active
Residential$168,000

3401 Westwood Portsmouth

3401 Westwood
Portsmouth, OH. 45662

  • 3Beds
  • 1.5Baths
  • 1,675Sq ft
View Listing
Sold
Residential$249,000

3509 SR 522 Wheelersburg

3509 SR 522
Wheelersburg, OH. 45694

  • 3Beds
  • 2.5Baths
  • 2.535Sq ft
View Listing
Sold
Residential$108,000

1240 23rd St. Portsmouth

1240 23rd St.
Portsmouth, OH. 45662

  • 3Beds
  • 1Baths
  • 1,354Sq ft
View Listing
Active
Residential$859,000

127 River View Ct.

127 River View Ct.
Stout, Ohio 45684

  • 4Beds
  • 3.5Baths
  • 4411Sq ft
View Listing
Sold
Residential$160,000

2434 Micklethwaite Portsmouth

2434 Micklethwaite
Portsmouth, OH. 45662

  • 3Beds
  • 3Baths
  • 2,044Sq ft
View Listing
Sold
Residential$110,000

309 Schuler Hollow Lucasville

309 Schuler Hollow
Lucasville, Ohio 45648

  • 3Beds
  • 2Baths
  • 1408Sq ft
View Listing
Sold
Residential$123,500

2226 Eck Ct. Portsmouth

2226 Eck Ct.
Portsmouth, OH. 45662

  • 3Beds
  • 2Baths
  • 1,350Sq ft
View Listing
Active
Residential$410,000

3267 SR 52 Stout

3267 SR 52
Stout, OH. 45684

  • 3Beds
  • 3Baths
  • 2,000Sq ft
View Listing
Sold
Commercial$100,000

100 Dixon Mill Rd., Portsmouth

100 DIxon Mill Rd.
Portsmouth, Ohio 45662

View Listing

Instagram

229B Patriot Ridge Dr. Wheelersburg 5 Bed / 5 Ba 229B Patriot Ridge Dr.  Wheelersburg  5 Bed / 5 Bath  3,624 SF
————————————————————————
This newly constructed private kingdom awaits your next move. This home will immediately welcome you into a luxurious lifestyle with all the space and options you can imagine. Memories are just waiting to be made inside this incredible home. Notable features:

• Custom kitchen
• Walnut wood flooring
• 5 acres of beautiful property
• Pool house w/ full bath & HVAC
————————————————————————
Reduced! ——— 127 River View Ct. Stout 4 Be Reduced!
———
127 River View Ct.  Stout  4 Bed / 3.5 Bath  4,411 SF
————————————————————————
Your dream home awaits your next move. Offering elegance, beauty, and everything in between, this peaceful kingdom is just waiting to be yours. Nick and Maddie will happily and safely guide you through every step of the way to move you into this luxurious home. Notable features:

• Over 5 acres
• Home office / library
• Gorgeous full, finished basement
• Stunning views of Ohio River Valley
• Cook’s kitchen with easy access to outdoor kitchen, in-ground pool, and patios
————————————————————————
Mortgage Payment Monday —————— 3499 Li Mortgage Payment Monday
——————
3499 Lick Run Lyra  Wheelersburg  3 Bed / 2.5 Bath  2,016 SF
————————————————————————
A peaceful lifestyle awaits your next move. Offering plenty of space and options, this charming home is just waiting to be yours. Notable features:

• Just under 2 acres of beautiful land
• Two-car detached garage
• Spacious rooms
————————————————————————
Asking price: $155,000
Below payments are based on the asking price, a 30 yr. loan term, and a 5% interest rate:
• 10% Down Payment: $748.87
• 20% Down Payment: $665.66
• 3.5% Down Payment: $802.95 (requires mortgage insurance)
***Above payments are estimates and will slightly differ according to your personal finances and whether or not taxes and insurance are escrowed into your payment. Plug in some numbers on your own by using our mortgage calculator on our website! ————————————————————————
Did you forget to get a gift for that special some Did you forget to get a gift for that special someone? We have you covered. This Valentine's Day card will do just fine.
127 River View Ct. Stout 4 Bed / 3.5 Bath 4,411 127 River View Ct.  Stout  4 Bed / 3.5 Bath  4,411 SF
————————————————————————
Your dream home awaits your next move. Offering elegance, beauty, and everything in between, this peaceful kingdom is just waiting to be yours. Nick and Maddie will happily and safely guide you through every step of the way to move you into this luxurious home. Notable features:

• Over 5 acres
• Home office / library
• Gorgeous full, finished basement
• Stunning views of Ohio River Valley
• Cook’s kitchen with easy access to outdoor kitchen, in-ground pool, and patios
————————————————————————
Let us simplify the buying and selling process for Let us simplify the buying and selling process for you. We’ll have your back every step of the way. 🏡
Scioto County market update! 🏘 Here is what hap Scioto County market update! 🏘
Here is what happened since last week:

✅ 57% increase in home sales
✅ 25% increase in price reductions
We are delighted to announce the sale of 3509 SR 5 We are delighted to announce the sale of 3509 SR 522! We would like to congratulate our clients and thank them for choosing #RBRG 🙌
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