If you’re on the hunt for a new home, you know too well that there are more interested buyers than there are homes to go around. Around the country, inventory issues continue to be a challenge, and levels dropped to 1.82 million homes nationally at...
If you’ve ever slipped up and said “Freddie Mae” or “Fannie Mac,” you may have been onto something. As reported in the Los Angeles Times earlier this month, we may be looking at the beginning of the end for the two giants of mortgage financing. Edward...
According to Challenger, Gray & Christmas, Inc., a nationwide outplacement firm, previous underwater homeowners could relocate in an effort to find jobs. The firm says that 2013 could see a massive relocation surge because so many homeowners are finally able to list their homes for...
If you’re looking to purchase a home, you have likely noticed that inventory levels are tight everywhere. This has left many interested buyers scrambling in competitive markets, and because it’s a seller’s market, prices are on the rise. In an effort to stand out from...
It would be wonderful if buying a new home were as easy as purchasing a new TV, but the transaction is complicated by nature. It’s good to be apprised of common real estate negotiations and surprises that can surface during the process. Contingencies: You can almost...
1. Accepting the buyer with the highest offer without regard to the other contractual terms. 2. Not properly handling multiple offer situations with multiple buyers. 3. Not properly handling back-up offers. 4. Entering into an agreement with no earnest money deposit from the buyer, or a very small...