Most purchase agreements are contingent on which two items? Do you know the answer? Another way of asking the question is, which are the two most important types of contingencies in an offer to purchase? Many real estate agents will be asked this question. Most real estate contracts have two standard contingencies. When buying or […]
Earnest Money vs. Down Payment: The Differences Explained
Earnest Money vs. Down Payment The earnest money vs. down payment question comes up quite a bit in real estate sales. If you are a first-time buyer purchasing a home can be mysterious at times. There are many terms and procedures that can be confusing unless they are explained. There are many important mortgage terms […]
What Will Building a Container Home Cost?
Container homes are becoming more and more popular. Many people want to know how much a container home costs. There are many reasons why people are building shipping container homes. These homes can be inexpensive to create and provide a comfortable living space while being portable. The architecture of the building is unique and appeals […]
How Much is an Acre of Land: Size and Value Reviewed
What is an Acre of Land? Over the years, while working as a real estate agent, two common questions I’ve received is how much is an acre of land and how big is an acre. Sometimes the person asking is wondering how large is an acre in square feet, and other times they want to […]
What is a Clean Title in Real Estate
If you have never bought or sold a home before, you may wonder what a clean or clear title means? A clear title is a vital factor in real estate transactions. It means that there are no outstanding mortgages, liens, judgments, claims, or other encumbrances against the property. If an owner of a home has […]
How to Use Gift Letters For Your Mortgage and Down Payment
What to Know About Gift Letters to Obtain a Mortgage Are you wondering about the rules surrounding down payment gifts when getting a mortgage to purchase a house? Understanding how to use a gift letter for your mortgage is essential. Finding the money to make a down payment on a house can be demanding, so […]
Making Offers on Houses: What You Need to Know
How to Make an Offer For a House Buying a house in today’s competitive market can be a real challenge. Potential buyers need to understand that making offers could become a routine before landing your dream house. It’s an extreme seller’s market where a bidding war is a norm and not the exception. It’s a […]
Pros and Cons of Townhouses: What You Need to Know
If you consider buying a townhouse for your next home, there are different factors to think about compared to single-family homes. You need to know that the pros and cons of a townhouse suit your lifestyle before you make an offer on this type of home. Single-family homes are different than townhouses. A traditional house […]
Zillow Pre-Foreclosure Listings Are Not For Sale
Some Listings on Zillow Are Not For Sale And Never Will Be Have you ever heard the term “pre-foreclosure listings?” If you’re a first-timer, you’re likely to find a pre-foreclosure listing. When you perform a search on Zillow for homes for sale, the results you get may include some houses that are not actually for […]
Fixer Upper Homes: What Are The Pros and Cons to Buy One
Fixer-Uppers – Things To Keep in Mind Are you considering buying a home that needs work? Buying fixer-upper houses can be a good move in certain circumstances. On the surface, the idea of purchasing a fixer-upper for cheap and selling it for a high price seems like a no-brainer. But it is essential to move […]