What Does Pending Sale Mean?
Buying a home is a process. Once a buyer writes an offer and has it accepted, the listing is placed in a state called “pending sale.” During this stage, the principals involved perform all the ele...
Home Buying
Can You Buy a Home Virtually?
As we continue to see unprecedented activity in the real estate market, buyers often find they are too late to offer on recently listed homes. For the serious homebuyer, this can be frustrating, often causing them to make last-minute plans to r...
Risks of Removing Buyer’s Contingencies
Typical real estate offers include a wide variety of standard contingencies. These can include home inspections, appraisal, and loan approval. In a fast-moving, seller’s market, one of the ways to make an offer more appealing is to remove con...
Risks of Removing Buyer’s Contingencies
Typical real estate offers include a wide variety of standard contingencies. These can include home inspections, appraisal, and loan approval. In a fast-moving, seller’s market, one of the ways to make an offer more appealing is to remove con...
Save On Housing Costs in Retirement
Retirement is a time of freedom; it’s something people look forward to most of their lives. As you prepare for retirement, it’s natural to consider ways to reduce your housing costs. Fortunately, there are some great ways to enhance your li...
Buyers and Sellers – Stay Focused on Your Goal
Buying or selling a home can be stressful, even in normal times. Right now, when the housing market is moving at a frenetic pace, both buyers and sellers are making quick decisions and are feeling extreme pressure. As the tension rises, it can ...
Is Suburb Life Right For You?
The common assumption is that you live in the city when you’re young and then move to the suburbs when you’re ready to settle down. While no one can deny that raising children in an urban environment presents challenges, the truth is that n...
Understanding the Back-Up Offer
“When can I consider my home sold? This is one of the most common questions real estate agents are asked. While the laws vary in different states, generally the contract is binding once both parties sign the offer. At that time the closing pr...
Home Inspection Issues Red Flags
Most homebuyers realize that they can’t expect a perfect home inspection report when buying a resale home. Cosmetic flaws and minor repairs are easily managed and shouldn’t be dealbreakers. That said, there are some issues that are more ser...
Buying Beats Renting in 22 Major U.S. Cities
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below):
As mortgage rates have eased off their recent peak, home prices�...
Don’t Fall for These Real Estate Agent Myths
When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes.
As you figure out who y...