So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the price you paid for the home, ask the sellers to cover repairs, or even, in some […]
Some homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their houses. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now have mortgage payments for the first time. These developments have […]
Some Highlights: Source: https://www.keepingcurrentmatters.com/2018/05/11/3-tips-for-making-your-dream-of-owning-a-home-a-reality-infographic/
The Definition of Active Contingent The true definition of a home that is active contingent is that the home has an offer on it, but the buyer has contingencies on their offer. In other words, the buyer can still back out of the deal if the factors that the sale is contingent upon don’t work […]
Make a list The very first thing you should do together makes a list. There is a chance that you are both on different pages. Make sure you are able to compromise on the features. It’s best if you each make your own lists and then compare them. This way you can determine the features […]
You took out a 30-year loan because it seemed like a good idea at the time. You wanted to keep your monthly payments as small as possible. That’s what many new homeowners do, especially if they’ve never had a mortgage before. To get Matched with a Lender, Click Here. Now that you are established in […]
Do Your Research Before you even start talking to individual contractors, you should do your research behind the scenes. Use the internet to your advantage and see what others have to say about specific contractors. Use reputable sites, such as the Better Business Bureau to do this research so that you know what you are […]
Here are just some of the reasons you need a real estate professional in your corner: There’s more to real estate than finding a house you like online! There are over 230 possible steps that need to take place during every successful real estate transaction. Don’t you want someone who has been there before, someone who knows what […]
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your dream home is to get pre-qualified or pre-approved for a […]
Over 10% of all residential homes are purchased by investors, and that number continues to rise. Who are these investors? Many have speculated that large institutional conglomerates such as Blackstone, American Homes 4 Rent, and Colony Starwood dominate investor purchases. However, a special report on investor home buying by CoreLogic, Don’t Call it a Comeback: Housing Investors […]
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