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Incorporating Contingencies in Your Real Estate Offer: A Guide to Protecting Your Investment
It's crucial to consider the dangers and take precautions when making an offer on a property. Contingencies are one approach to accomplish this in your offer. Contingencies are prerequisites that must be satisfied for sale to move forward. You can...
Closing on a House: What to Expect and Closing Day Tips
Your train has finally arrived at the station. Congratulations you have made it to the closing table after months of house hunting, jumping through the hoops for a successful loan process and mountains of paperwork. Typically, this paperwork...
Understanding Your Real Estate Contract
Real estate contract, purchase agreement, sale agreement, purchase contract - what do they all mean? These terms are actually referring to the same thing - a legally binding contract between a buyer and seller that outlines the specifics of the...
How To Win a Bidding War on a House
When supply is low and demand is high, it’s important to arm yourself with an awareness and expectation that the house of your dreams may enter into a bidding war. Competing for a house, with multiple offers pushing the price higher, may seem like...
Tips for Negotiating the Price and Responding To a Counteroffer
The path to homeownership involves a deep look into your financials, extensive market research, a homebuying dream team, negotiations with sellers, and so much more. This may all seem overwhelming and intimidating, but it’s the only way to...
What Does a Home Inspector Do?
A home inspection report is very different from a home appraisal inspection. Inexperienced real estate salespeople sometimes do not understand the difference. Although real estate professionals that have worked in the mortgage industry and decide...
Your Guide to Real Estate Offers
When you’re ready to officially make an offer and start negotiations, both stress and paperwork may begin to build. However, each can be significantly alleviated with the proper preparation, research, and responsiveness. Buying a home is a pretty...
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Your Guide to Real Estate Offers
When you’re ready to officially make an offer and start negotiations, both stress and paperwork may begin to build. However, each can be significantly alleviated with the proper preparation, research, and responsiveness. Buying a home is a pretty...
How to Get Comparable Real Estate Values
When buying a home, it’s important to get a thorough understanding of the property’s fair market value. Real estate trends and statistics are constantly fluctuating based on the health of the economy, specific events, available inventory, and/or...
How To Pick the Right Real Estate Agent
How to pick a real estate agent? Picking the right real estate agent is like picking the right team captain to head your team. Not only do they know how to recommend you other players on your team to find the right qualified people to ensure your...
Tips When Going To Open Houses
House hunting is a unique experience. Unlike other purchases, it’s not something you can simply return if it’s not what you expected. After you get the keys, the house is officially yours, through and through. That’s why it’s important to do your...
Real Estate Agent Commission and Fees: What Are They and Who Pays?
Real estate broker fees for both the buying and the selling broker are typically paid for by the seller. Most of the broker fees hover around 5%- 6% and is split between the buyer and seller’s broker. Each real estate broker would be getting...
How Much of a Down Payment Do I Need
When you are buying a home, one of the most important decisions you will make is how much money you will put down as a down payment. This number affects your monthly mortgage payments and the total amount of interest you will pay over the life of...
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