What Are Closing Costs When Buying a House? Closing costs are typically out of pocket expenses, loan fees and costs related to the actual closing of your property purchase. Closing costs for buyers do not typically change other than the amounts. The types may also vary from state to state. The allocation of who pays […]
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Make Your Next Home Purchase a Wise One
Don’t buy the house today that could be your tomorrows problem! Make your next home purchase a wise one. Buying real estate for your home or as an investment means more than looking at properties, falling in love and then buying one. Buyers have a list of wants and needs in a new home and […]
Read MoreUnderstanding The Home Inspection Contingency
As part of the new buyers purchase contract the home inspection contingency terminology has been re-written. It appears simpler to understand and has addressed a couple of issues. Here we take a look at the home inspection, the contingency clause and other parts of the inspection period for home buyers. Home buyers should understand every […]
Read MoreDangers of Hiring The Wrong REALTOR ®
We say it all the time. Hiring the wrong agent can effect the outcome of any real estate transaction. Here are a couple of real life recent examples showing dangers of hiring the wrong REALTOR ® Vacant Land Sale Lost You are the seller of a vacant lot. You have an agent. Along comes a buyer, […]
Read MoreWhat Is a Buyer Default in a Real Estate Contract
Default is when either party to the real estate transaction decides to back out with no cause. It becomes a default after all contingencies have been cleared. If a contract is cancelled due to a contingency not being met, like finance failing, that is not a default. A buyer default is often the result of […]
Read MoreHome Buyers Remorse. [Overcome it Before Closing.]
Home buyers remorse is a serious and often scary emotion to experience. It’s no different to buyers remorse when you buy something at a retail store. The consequences for that are fairly simple. Return to the store and ask for a refund. With real estate it’s a little more complicated. Resolutions depend on the position […]
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