You’ve found a home that you’ve fallen in love with, submitted an offer, and it was accepted by the seller! It should be time to celebrate, but shortly after you celebrate your accepted offer, something causes you to have second thoughts. Is it too late to back out?
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One of the most common – and important – contingencies that buyers insert in their real estate contracts is the home inspection. Without it, buyers will never have a chance to identify any major underlying issues with a home before they buy it.
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After offer acceptance, anything can happen during escrow, and you don’t want to be stuck with issues that you didn’t agree to adopt. Here are some critical things you should be doing during that extremely important final walk-through.
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With the housing market being as hot as it is across the Golden State, there’s really no bad time to sell. If you think you ‘missed’ your window of opportunity to sell in the spring or summer, autumn is just a good season as any other to put your home on the market.
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When it comes to valuing homes, the key is to compare them to other properties that are very similar in a number of ways. Real estate professionals typically look at other homes that are similar in location, style, size, design, and age compared to the subject property in order to get an accurate idea of the home’s value. In addition, only homes that have been recently sold should be looked at, as market conditions can fluctuate very quickly.
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When it’s time for you to apply for a mortgage, where do you turn to in order to get one? Should you work with a mortgage broker, or a direct lender? Or are they even the same thing?
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Your agent has a lengthy list of things that they do from the start of a real estate transaction to closing of escrow. Here are just a handful of things that your buyer real estate agent will do for you.
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When shopping for a home, there’s a possibility that you may come across a property that’s sharing a driveway with the home next door. That means that one driveway needs to be shared between the two adjoining neighbors.
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Many real estate investors rent out their properties in order to reap the benefits of passive monthly income while increasing their equity and building wealth over time. Not only are they benefiting themselves financially, but they’re also serving a need for those who may not be financially or emotionally ready to buy a home.
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