What Is a Sale Contingency?

A home sale contingency is one type of contingency clause which is often included in a real estate sales contract or an offer to purchase real estate. The clause states that the transaction is dependent (or contingent upon) certain circumstances – usually the sale of the buyer’s home. Many people start looking for their ideal home before their own has …

What Happens After My Offer Is Accepted?

You’ve found the home of your dreams, and made an offer. What happens next? Quite a few things, is the answer, before you get the keys to your new home. The offer may seem like the end of the process, but it’s actually just the beginning of the really important things you need to take care of. 1. Give Your …

What Is an Earnest Money Deposit?

Prospective new home owners can often become confused by the strange-sounding terms used throughout the process of looking at homes, finding one they love, and wanting to actually buy that house. There are a lot of steps involved from looking to moving in. One of those steps at the decision-making stage is the earnest money deposit. The Earnest Money Deposit …

What Does a Realtor Do Besides Show Me Homes?

A realtor can offer a wide range of assistance to prospective home buyers. Choosing the right one can save you a great deal of money and secure you the home of your dreams. Is Every Real Estate Agent a Realtor? The quick answer is no. Therefore, you need to be sure you are working with a professional realtor. It is …

Knowing When Your Ready To Buy

ll across the United States, there are millions of people looking to a buy home – either now or in the future. Over the last few years, lower interest rates have come along, making it more affordable than ever to buy a home. When most people stop and give it some thought – buying a home makes a lot more …

Determine The Listing Price

When it comes to buying a home, most potential buyers will use the listing price to as the number one factor to determine the homes that they look at. Even though you and a realtor may determine the asking price, the buyer will determine the selling price. If the price is too high, most buyers won’t give it a second …

Can I Have a Home Inspected Prior to Placing an Offer?

A lot of first-time buyers wonder if it is all right to have a home inspected before they place an offer on a house they are interested in. The answer is yes, definitely, if you want to be certain it is the house for you quickly so you don’t waste time haggling. A home inspection is an essential part of …

Are Rent-to-Own Home Offers Legitimate?

Many people dream about owning their own home but don’t feel they can afford it, for various reasons. It can be a considerable commitment to scrape together a down payment and all of the legal and closing costs involved in buying a property from a seller. In addition, people might be deemed a credit risk for various reasons, which means …

When Is the Best Time to Sell My Home?

Many factors come into play when putting your home on the market, but a study conducted by Zillow in 2016 has revealed that May is the best month to try to sell your home – and in particular early May. The Statistics The Zillow research discovered that homes listed between May 1 through May 15 sold around 18.5 days faster …

What Is a Sale Contingency?

A home sale contingency is one type of contingency clause which is often included in a real estate sales contract or an offer to purchase real estate. The clause states that the transaction is dependent (or contingent upon) certain circumstances – usually the sale of the buyer’s home. Many people start looking for their ideal home before their own has …