Avoiding a Big Mistake and Still Being A Competitive Buyer One really big mistake the house hunters are being talked into is waiving your home inspection. Why do you need an inspection? If you hire an experienced exclusive buyer's agent, you have the backing of...
Homebuying Process
Don’t Waive Mortgage Contingency
1. Most of the time, if you have a documented pre-approval, you will get your mortgage, so a mortgage contingency is not really necessary, right? Wrong. It is only unnecessary if: You can afford to lose 5-10 percent of your purchase price. The mortgage contingency...
Consider the not so Perfect House – Buyer Strategies for Challenging Times
Consider the not so perfect house; why prioritizing the location, lot size, and lay of the land before considering the interior features of the home is so important in this market. These are challenging times for home buyers. Housing inventory is at record low levels....
Seasons of Real Estate
Not every year is the same, but there's a pattern. First, though, I want to remind you that it takes about five weeks to close on a house, once you have an accepted offer. Here, I am talking about when you get your offer accepted, not when you close. So, for example,...
Can I Buy A House this Spring?
Below are the steps to closing on a real estate property. Most of these are affected by public health concerns about Covid19. The Realtor® association, and individual attorneys, inspectors, lenders, and real estate offices are working to keep business going during...
What is a Co-op and Should You Consider Buying One?
When you're on the market for a new home you'll have lots of housing types to choose from. One of these is the cooperative, or co-op for short. Co-ops differ from traditional housing in a lot of important ways. They won't appeal to everyone, but some are sure to see...
What Exactly Happens on Closing Day?
The day you close on your home is big day. After weeks of searching, open houses, negotiating and securing financing you're finally ready to accept the keys to your new home. But what actually happens on closing day? Most buyers know they'll be signing a lot of...
What are the Most Common Real Estate Title Problems?
Real estate transactions are rarely a done deal once the purchase contract has been signed. There are still a few steps to get through before you reach your closing day, one of which is the title search. This is when documents on the history of a property are reviewed...
Top 5 Reasons Why Real Estate Deals Fall Through
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...
How to Negotiate on a Purchase After the Home Inspection
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...
5 Habits Every Successful Home Buyer Has
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...
What Exactly are Buyer’s Agent Responsibilities?
If you're looking to buy a new home, chances are you don't have a full understanding of the local real estate market. Nor are you likely to possess the skill set needed to assess different properties, negotiate a home sale, and navigate intricate local real estate...