So after a lot of open houses and tough decisions, you finally have a signed deal. At this point, it might be tempting to pop open the champagne but don't just yet. Just because you have a signed contract doesn't mean things can't go wrong. There are still a few steps...
Anyone who's looked into the home buying process will have come across the term "earnest money" a few times. What is it? Simply put, it's a "good faith" deposit that is paid once you've made an offer on a home. It's intended as a way to show the seller that you're...
In the real estate game, you’ll often hear the phrase “Days on the Market” (DOM). For home buyers, this is a crucially important term to understand. Why? Because it tells you how long a home listing has been on the market. The higher that number gets the more its...
If you’re a home buyer looking for a bargain (what buyer isn’t?) then one option to consider is a HUD home. This is a home owned by the U.S. Department of Housing and Urban Development. When a buyer who took out an FHA loan forecloses, the property goes to HUD. But...
Today we’ll be looking at the due diligence part of the buying process. This is an important process that no buyer can afford to leave out. By doing your due dilligence you will avoid buying a home which has more issues than you might first realize. What is Due...
Most people have heard of Home Owners Associations (HOA), but fewer people know about them in the detail they should. These are homes in areas that typically have walled enclosures, swimming pools, tennis courts, and other amenities. All of which are only available to...
The real estate industry is full of buzzwords and catchphrases. The one we’ll be looking at today is the price per square foot. This is a phrase you’ll hear a lot when comparing different homes on the market. It’s meant to give you an idea of a home’s market value and...
Whether it's your first home purchase or your fifth, buying a home always comes with a lot of emotional baggage. As your closing day draws near, that emotional baggage can start to grow. Was this really a good deal? Would you have been better off waiting for another...
Even if you already have an accepted offer, a home can’t be considered bought until the money has changed hands. But before you can get to that you’ll need to navigate a few things, one of which is the home inspection. This is a vital step in the buying process in...
Every home buyer wants their purchase to be a success. What's the best way to success? It's being prepared for the road ahead. An Exclusive Buyer’s Agent can definitely help make the buying process a success. In any case, buyers who take the time to prepare themselves...
Buying your first home is an exciting time but also an expensive one. While that huge down payment may be the first financial mountain to climb it’s not the only one. Smart buyers also need to consider the costs after homeownership. You should consider getting an...
When on the hunt for a new home you'll have many different property types to choose from. One of these is the condominium or condo for short. Unlike regular single-family homes, condos are individually sold units within a communal living complex. In one sense, it's an...