Buying a new home is an exciting experience, but it can also be one of the most significant investments you'll make in your lifetime. While it's easy to get caught up in the excitement of house hunting, it's essential to be cautious and avoid the potential for...
Homebuying Process
Open Houses: What You Should Know Before Going
Open houses can be a great way to get a feel for a property that you're interested in, but it's important to prepare for them before you dive in. Open houses allow you to walk through the home, take note of its features and ask any questions that you may have....
Fair Housing Act Ensures Equal Housing Opportunities For All
April, recognized as National Fair Housing Month, is a time to reflect on the importance of equal access to housing for all individuals. This year marks the 55th year that our nation celebrates the passage of the Fair Housing Act. The landmark civil rights law...
April is Fair Housing Month: Buyers & Fair Housing
Housing discrimination is still happening. It might be by barriers to borrowing, it may be by barriers to access to properties for sale. All Realtors® and NAEBA exclusive buyer's agents are ethically and legally bound to not participate in housing...
What Is Assessed Value? Understanding Assessed Value vs. Market Value
When it comes to real estate, one of the most important things to understand is the value of a property. Understanding the value of a property isn't always a simple process as a consumer. Despite the many scenarios in homeownership, there are two primary ways to...
What Is a Post-Settlement Occupancy Agreement?
A post-settlement occupancy agreement isn't standard practice in most real estate sales, but it can be a beneficial option for both sellers and buyers, depending on the situation. It may be frustrating not to move into the home of your dreams right away, but with a...
What You Need to Know Before Finding a Buyer’s Agent
If you're thinking about buying a house, chances are you'll want to work through a real estate agent. Whether you're first time homebuyers or seasoned home purchasing veterans, finding a buyer's agent who is going to look out for you is always a challenge. Let's cover...
Does It Really Matter if I Buy My House With the Listing Agent?
It's a practice that, since 1996, has been commonplace in real estate. You're a buyer looking for a house. Maybe you've connected with an agent that has dropped you on their mailing list to keep you up to date with new listings that come on the market. Maybe one has...
Exclusive Buyer’s Agency Contract
The homebuying process involves many stages and many important documents to review. Among those documents is an item called an exclusive buyer's agency contract or buyer's agent contract. It may seem daunting to sign this document, but it helps guide a conversation...
What is an Exclusive Buyers Agency Agreement?
When you start looking to buy a house, you'll want to work with a real estate agent. Buying a home is a huge life decision, and getting the right advice from the right people is going to be key for you not only financially, but for your quality of life. You need to...
The Pros and Cons of an Adjustable-Rate Mortgage
When you hear about savings of more than $15,000 over the course of five years with an adjustable-rate mortgage, it's hard to ignore. With that said, before making the decision to borrow with an adjustable-rate mortgage instead of a fixed-rate mortgage, you should...
How Rising Mortgage Rates Will Affect the Home Buying Process
In 2022, the housing market has seen rising mortgage rates and home prices. This article will examine how house prices and mortgage rates impact home-buying, how rising mortgage rates will affect homebuyers, and what rising interest rates mean for the housing market....