What is a Kick-Out Clause
In a Sellers market, it is not uncommon for there to be multiple offers on a property. While this may seem like a great problem for sellers to face, how do they know that the buyer they choose can c...
Terminology
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 elements of the contract, and once complete, th...
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...
What is a Title Search?
It may seem like there are a million steps to the closing process when buying or selling a home. A title search is just one of the many stages and title problems may account for almost 10% of closing delays. As a seller, doing a preliminary tit...
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...
Mortgage Terminology: FICO score
A FICO score is based on credit reports and used to help a lender calculate how much money to loan a borrower. Generally, the higher the score the better. BUT, don’t let a lower score keep you from pursuing a home; it's just one part of how y...
Mortgage Terminology: Escrow
Real estate terms can be tricky, especially when it comes to financing your home. Don't be intimidated - I'm here to help. We'll go through your homeownership process TOGETHER. Let's talk. 678-360-6273 www.aullrealestate.com #terminology #esc...
Mortgage Terminology – Bridge Financing
Understanding all of your financials options and picking the ones that are right for your situation can be a stressful road to walk alone. So, don't. Let me help answer your questions and I can refer you to a great loan officer along the way - ...