What is Escrow? Buying or selling a home is the largest monetary transaction most of us will experience in our personal lives. Buying or selling a home or land usually involves the transfer of a large sum of money. As a buyer or seller, you want to make sure that all the conditions of the
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The Guide to Making and Accepting an Offer on a Home You’ve spent the last few months house hunting, preparing your house for sale or doing both. All that stands between you and a pending deal is the right offer. On both sides of a real estate transaction, the purchase offer is the first formal
Falling in love is exhilarating. It can also be a bit scary, especially when a home has captured your heart. What if something goes wrong and you end up not spending the rest of your life with this stack of brick and mortar you’re lusting after? No matter how careful you are, some deal killers
Real estate professionals get that consumers, by and large, ignore housing statistics and the market until they become involved in the purchase or sale of a home. It’s only natural then that what impacts the market is a bit of a mystery to many. What determines a buyers’ or sellers’ market? What factors influence home
It may seem that homebuyers and sellers don’t agree on much, but they share one important concern: that the transaction is successful. This comradery is never more evident than during the appraisal process. It’s only natural, since the results of the appraisal can send the deal spiraling out of control. Appraisers take into account many
Today’s market provides a potentially great opportunity to buy a home. Homeownership can provide many financial, lifestyle and social benefits. In today’s market, buyers also benefit from low mortgage rates, home ownership tax advantages and home prices that are still relatively low in many markets, yet showing signs of stability.