Residential appraisal conditions are the factors that are taken into consideration when determining the value of a residential property. Appraisers use a combination of quantitative and qualitative measures to determine the worth of a property, including its location, ...
READ MORE
New homeowners usually get a home warranty. Often it’s purchased by the seller, their gift to you in case something breaks. If the seller wasn’t so generous, purchasing a home warranty can be a wise investment to insure ...
READ MORE
When buying a home, the down payment is the initial cash contribution applied to the purchase price. This amount is typically reflected as a percentage of the purchase price. For example, $15,000 for a $300,000 purchase would be ...
READ MORE
Seller concessions are growing in popularity as we move to a balanced housing market. Sellers saw buyers paying $10,000 over list price a few months ago to seeing a median price reduction last week of $10,100. What might ...
READ MORE
If you found yourself reading this, you’re probably moving. Before you do, here are some important things to remember when moving. Changing your Address When you move, you are responsible for handling the change of your address on ...
READ MORE
Your loan is approved, and it’s time for the closing. Here’s what to expect leading up to and during the stages of closing on your home loan. Be aware, this process differs from state to state. Depending on ...
READ MORE
Conditional/Contingent Offers You’ve made an offer and negotiated a purchase price, so it’s time to learn about the contingencies that impact a home purchase contract. When you make an offer, you might make a conditional or contingent offer. ...
READ MORE
Making an Offer You finally found the perfect home and it’s time to place an offer. Your real estate agent will guide you through this process, but as the buyer, you have the final say in the offer ...
READ MORE