Don’t miss the opportunity to have the home you plan to purchase inspected before you finalize a real estate contract. Before you close on a deal, make sure the following components are checked out during the home inspection.
Read MoreWith the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate that were agreed upon with their lender. But in some circumstances, a mortgage may be transferred from the sellers to the new owners.
Read MoreReal estate transactions aren’t always free of unpleasant surprises. Sometimes a home inspection will uncover an unknown issue or the buyer won’t be able to secure financing despite being pre-approved. But there’s another potentially unexpected issue that can arise after an offer has been accepted: property liens.
Read MoreBuying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial for many reasons, but the details of this professional relationship should ideally be outlined in a contract, known as a Buyer’s Representation Agreement.
Read MoreWhat do today’s first-time homebuyers look like? The following stats will help paint that picture, as compiled by the National Association of Realtors (NAR).
Read MoreA gated community is basically a neighborhood of homes that can only be accessed by residents and their invited guests. Before you decide whether or not a gated community is right for you, consider the following pros and cons first.
Read MoreThe final walk-through of a home is your last chance to make sure all is as it should be before you close on the deal. Here are some tips for conducting the final walk-through of the home you’ve agreed to purchase.
Read MoreGetting approved for a mortgage can be pretty challenging these days. Lenders are rather stringent with their lending requirements and aren’t in the business of loaning out money to just anyone. Nowadays, you’ve got to meet strict criteria in order to get approved for a conventional mortgage, and that includes having good credit.
Read MoreThe real estate market in California made strides in February with sales improving from January, as well as from the same time last year. Here are some statistics surrounding the housing market in California for February 2018, as compiled by the California Association of Realtors (CAR).
Read MoreIf you’re buying or selling a home that still has a mortgage on it, you’ll likely be dealing with what’s known the lending world as an ‘alienation clause’.
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