What Is Homeowner’s Insurance and Title Insurance?

What Is Homeowner’s Insurance and Title Insurance?

Homeowner Insurance Basics Homeowners insurance is protection from fire, theft, smoke, most weather events, a tree falling on your roof during a storm, etc. Most standard policies also cover your possessions. But in the event a burglar breaks into your home and steals...
Closing on a House: What to Expect and Closing Day Tips

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 journey takes about 4-8...
What Happens if the Home’s Appraised Value Is Less Than My Offer?

What Happens if the Home’s Appraised Value Is Less Than My Offer?

This is a rather common nuisance that can throw a monkey wrench in the middle of negotiations or derail a deal altogether. Remember that the appraiser works for the bank to protect the bank’s interests, not yours. But you as the buyer own the appraisal report since...
Benefits of a Home Appraisal

Benefits of a Home Appraisal

A home appraisal inspection is not the same as a home inspection. The home appraisal inspector works for the bank that will be lending you the money to purchase your new home. The main reason an inspection is required is that the bank wants to ensure that the money...
Understanding Your Real Estate Contract

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

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 a less than an ideal...