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Columbia Missouri Real Estate ~ Our Prudential Agents
Visit my web site! JerryCoats.net
Jerry "Country" Coats, REALTOR®
Jerry "Country" Coats
Jerry "Country" Coats was born in Boone County, Missouri and grew up on a small farm southwest Columbia. He attended Vawter School and then Columbia Public Schools graduating from Hickman High School.
He share cropped several small farms southwest of Columbia while attending the University of Missouri. He joined the Missouri National Guard as a land surveyor in the Artillery Target Acquisition Unit. Meanwhile, he served a four year apprenticeship in Carpenters' Local 1925 in Columbia. Afterwards receiving his Journeyman Carpenter designation he worked as the construction superintendent on several commercial building sites around the Columbia area.
He married Sally Irwin in 1966. They have one daughter, Nan, and three grandchildren.
During the early 1970s Jerry built homes southwest of Columbia and in Ashland. He started his own firm, Coats Realty, in February, 1973. In 1983 he placed his real estate license with Boone Realty (later to become RE/MAX Boone Realty) and worked with them until April 1993. From 1993 until September of 2007 he worked as a one-man real estate office specializing in rural properties. Recently he placed his license with Prudential Vision Properties. He has always specialized in working with rural real estate.
Jerry enjoys bicycling with his wife, hiking with his grandkids, and selling rural real estate. Give him a call. He can sell your property quickly or find just the right rural property for you.
Office Phone: (573) 449-6200
Mobile/Cell Phone: (573) 442-FARM
Fax: (573) 449-6202
Email: Jerry@prudentialvision.com
Web Site: JerryCoats.net
US Mail & Office Location:
103B Corporate Lake Place
Columbia, MO 65203
Driving directions to the office:
- In Columbia, MO, take Providence south to Corporate Lake Drive
- Turn right onto Corporate Lake Drive
- Turn right onto Commercial
- We're on the right, behind Columbia Performing Arts Center
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Move in After a Seller Rent-back
Moving to a new home is an exciting experience. Comprehensive pre-planning, organization and family meetings can help establish each person's responsibilities and will go a long way in maintaining harmony and efficiency.
It's not uncommon for sellers to remain in their house for several weeks after closing while waiting to get into their new home. In this case, you may sign a separate rent-back agreement with the sellers, which becomes part of your purchase contract. The rent-back agreement covers such things as who pays for utilities and maintenance, what happens if there's property damage, how much rent the sellers pay you, and what the penalties are if the sellers don't vacate the property on the date specified in the rent-back.
It's customary for the sellers to pay rent equal to what you're paying for principal and interest on your mortgage, plus property taxes and insurance, so that you don't have out-of-pocket expense on what it costs you to own the house during the term of their rental. The amount equaling Principle, Interest, Taxes, and Insurance (known as PITI) is prorated on a per-day basis from closing until the sellers vacate.
If the home you're buying is vacant, you may be tempted to ask for permission to start fixing the house up before closing. After all, painting or waxing floors, for example, is much easier and faster when the house is empty. Instead, allow some time to do these tasks before moving in and after the closing has taken place.
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