What is Escrow and How It Works?

Escrow is a phrase you’ve undoubtedly heard if you’re a first-time house buyer. However, it’s likely that you’re now unsure of what escrow actually is. The phrases “escrow” and “escrow account” refer to two distinct tasks in the home-buying process. A neutral third party mediates a real estate transaction through the escrow procedure, keeping funds… Continue Reading What is Escrow and How It Works?

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How Often Are Home Appraisals Low? How Does It Affect Both Parties?

A licensed specialist conducts an appraisal to establish the market value of a residence. It is one of the techniques employed in the creation of a fair housing market. Unfortunately, many sellers are all too aware with the difficulties that can arise when a home assessment is lower than the buyer’s offer. The most knowledgeable… Continue Reading How Often Are Home Appraisals Low? How Does It Affect Both Parties?

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Selling a House in Poor Condition or Bad Condition

Cracks in the foundation Roofs that are leaking. Plumbing or wiring that is hazardous. HVAC systems that are outdated. Materials containing lead or asbestos. If your home has significant issues, whether cosmetic or structural, selling it on the open market will be a lengthy, expensive, and perhaps impossible process. Most purchasers in today’s conventional market… Continue Reading Selling a House in Poor Condition or Bad Condition

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4 Little Ways to Promote Happiness and Peace of Mind During Your Home Search

When you hear about a friend or family member purchasing a home, it seems like a really good decision—a wise investment and a wonderful stride in life. When the roles are reversed, though, and you are the potential house buyer, you will quickly learn how emotionally difficult the process can be. After all, you’re not… Continue Reading 4 Little Ways to Promote Happiness and Peace of Mind During Your Home Search

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What Is A Seller’s Disclosure? Here’s Why It Matters

There is a lot to understand and documentation to sign whether you are going to buy a new apartment or sell your existing house. A seller’s disclosure is one of these essential papers. Sellers are required by law to give buyers a seller’s disclosure, commonly referred to as a property disclosure. This document will contain… Continue Reading What Is A Seller’s Disclosure? Here’s Why It Matters

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Is It Too Late To Submit An Offer With A Sale Pending?

There is no better feeling than discovering a property that meets all of your criteria after months of looking. Unless its status changes to “sale pending” prior to your opportunity to submit an offer. You must have missed your opportunity given that. No, not always. Even while a pending sale is a setback, it doesn’t… Continue Reading Is It Too Late To Submit An Offer With A Sale Pending?

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