Ways to Get a Real Estate Contract Extension
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A real estate contract extension is a mechanism by which the buyer (or seller) can receive a little more time to see the deal through. It’s a way to keep the transaction viable and to see it to final settlement if circumstances arise which might or do delay it. Read More
When Do I need a Real Estate Attorney?
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A real estate attorney is not often needed in residential transactions. However, there are instances when you will need a real estate lawyer. The majority of sales are handled by buyers’ agents, who provides advice throughout the process. But, since there’s a substantial sum of money involved, it sometimes becomes necessary… Read More
How Extend a Real Estate Contract
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Knowing how to extend a real estate contract is great knowledge for buyers entering the marketplace, as well as sellers. A little known fact about the residential real estate resale and new construction market is approximately 10 percent of all pending transactions fall through. In a market favoring sellers, like… Read More
When should I Refinance My Mortgage?
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There’s little doubt, if you’re a homeowner you’ve watched interest rates fall to historic lows. Now, those rates are slowly beginning to rise. The Federal Reserve continues to signal it will end its current position, backing off its quantitative easing initiative. Of course, that will necessarily cause interest rates to… Read More
What Costs are Associated with a Home Purchase?
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Many first-time home buyers have the impression that they need money for a down payment and perhaps a few other minor expenses. However, a home purchase comes with a number of costs. Some of these can be rolled into a home loan, while others will be out of pocket. When… Read More
What a Home Inspector Won’t Tell You
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There’s a lot to the home buying process and it entails more than qualifying for a mortgage and searching through dozens of listings. Buyers want to make smart decisions so, they do what they can to learn about the properties they’re investing so much time and money. Even though buyers… Read More