In a prior blog post, we talked about what home buyers should know about interest rates, and how rates impact home buying power. Home buyers should also know how their credit score affects the mortgage interest rate they’ll be offered! You cannot control the market...
Home inspections are an essential part of the home buying process. Home inspections are a common buyer contingency in the purchase contract, allowing for a third-party inspection of the home’s structure and mechanical elements. Put simply, a home inspection is a...
When you visit a home for sale, you might assume that certain things would be included with the deal, such as the appliances, light fixtures and window treatments. Yet these items are not always included in the sale. What’s included in a home sale can vary by local...
In many markets across the country, inventory is low and that can make it very difficult for buyers who wish to purchase a home. At the National Association of Exclusive Buyer Agents (NAEBA), we noticed that most of our members are still finding success for their...
In many markets across the country, inventory is low and that can make it very difficult for buyers who wish to purchase a home. At the National Association of Exclusive Buyer Agents (NAEBA), we noticed that most of our members are still finding success for their...
A large portion of Americans remain burdened by rental costs, according to the 2017 State of the Nation’s Housing Report, published by the Joint Center for Housing Studies at Harvard University. The report shows that while homeowners are enjoying the benefit of rising...
The National Association of Exclusive Buyer Agents (NAEBA) recently conducted a survey among their members on the topics of under-appraisals and CMAs. Survey results showed that 87.14 percent of Exclusive Buyer Agent respondents said that they have not had issues with...
Home buyers might be confused about the role earnest money plays in their real estate transaction. There’s good reason for this, since earnest money isn’t technically required! Customs regarding the amount of earnest money that should be offered – and whether it’s...
Limited home inventory means dealing with buyer competition for available properties. A bidding war happens when a seller gets multiple offers on the home, and buyers are pitted against each other, each raising their purchase offer in hopes of winning the deal....
Anxious home buyers have some mistaken beliefs about how to succeed, according to a recent article by Bernice Ross in Inman News. Ross reported that too many buyers are omitting the representation of a buyer's agent. Instead, they are contacting individual listing...