Once you’ve made the decision to sell your home, it’s time to find a real estate professional to list it on the market. Listing your home requires a few key tasks: signing a listing agreement contract with your chosen realtor, coming up with an appropriate listing price according to the current market, and prepping your home for showings.
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Before the deal on your home sale is sealed, a few contingencies will likely have to be fulfilled first, and that includes a home inspection.
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Contractors provide homeowners with an estimate of cost for specific home renovation projects, but this number can easily be inflated when all is said and done. Here are the top reasons why renovations tend to go way over budget.
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The lack of affordable housing in California is an issue that continues to plague residents of the Golden State. The statewide median home price currently sits at $565,330 and is expected to rise well into 2018. That’s more than twice the national average of $253,500.
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You’ve fallen in love with a home and are ready to put in an offer. But before you do, are you entirely certain that all the items that you believe come with the home purchase will be left behind when you get the keys to the home?
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When you take out a mortgage, you’ll be paying an interest portion on each monthly payment in addition to contributing to the principal. The mortgage rate that you’re quoted makes a big difference in the overall cost of your mortgage.
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Before buyers move into their new homes, escrow needs to close. That means all conditions and contingencies in the contract need to be met within a certain time frame, and all necessary documents must be signed by the closing date specified in the purchase agreement. At that point, buyers will get the keys to their new abode and are free to move in.
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The selling process can definitely be intense and even overwhelming at times. After all, we’re talking about a massive investment. There are plenty of efforts made to find the right buyer who is qualified and interested in buying your home, but even after you think you’ve found the right buyer that will see the deal through, there’s still a chance that they may back out.
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The odds of problems being uncovered during a home inspection are pretty high, no matter how minor. Just about every house has some issues, even new ones. It’s pretty common for buyers to make repair requests with the seller, especially if certain problems are more significant than others. But while some requests may be reasonable, others are not.
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