Q: The home inspection just completed on a home I have under contract turned up some issues. Should I insist the repairs be completed before closing? A: It depends. Everyone wants a smooth closing and home inspection negotiations are definitely a place where a deal can fall apart. Here are some things you’ll want to […]
Tag Archives: buying a home
Remedy Request Q&A: Should I Request Repairs or Seller Concessions
Q: The home inspection just completed on a home I have under contract turned up some issues. Should I insist the repairs be completed before closing? A: It depends. Everyone wants a smooth closing and home inspection negotiations are definitely a place where a deal can fall apart. Here are some things you’ll want to […]
How Long Does it Take to Close on a Home Purchase
How long does it take to close on a home purchase? If you are a cash buyer theoretically you can close as soon as you like. If you intend to finance your purchase with a mortgage the process can take a bit longer. Average Purchase Closing Time : 30 Days Nationwide, as demand and competition for homes for […]
What Home Buyers Need to Know About Title Insurance
The process of buying a home is complicated. Consumers can become confused and frustrated with the mounds of paperwork and documents to sign. Fees show up at closing that can sometimes surprise the buyer however, as your buyers agent we will be there to assist you through every step of the process and handle all of the […]
How to Get the Best Mortgage Interest Rate
Mortgage lenders adjust the rates they charge borrowers based on perceptions of risk, borrowers who can demonstrate to the lender they are a low-risk are those most likely to qualify for a rate that matches those seen in all the advertisements or headlines. The rates quoted by Freddie Mac and others are averages drawn from […]
Waiting Period After a Short Sale
Across the country home values have fallen 33% since their peak in 2006. In light of such it’s no surprise that many Americans today have a short sale in their credit histories. With many wanting to become homeowners again, a question we commonly receive is when can I buy a house after a short sale? First and […]
What’s The Best Mobile Real Estate Search App
Search On-the-go with Real Estate Apps Today almost 90% of real estate consumers use the internet as part of their home search efforts. As consumers we are utilizing the internet more than ever, and it’s extending far beyond the traditional desktop. Handheld mobile devices have changed the way we access the web dramatically, and this […]
FHA Eases Some Key Condo Financing Guidelines
Some positive news from FHA today on its condo financing rules, with more changes expected to come in the near future. The changes should make it easier for borrowers—both investors who want to buy more than one unit and those who are buying just their primary residence—to get financing, which has tended to be more […]
How Accurate are Zillow Zestimates?
Click here or image above to play video https://youtu.be/siTPLLX9wPc Since its launch in 2006, Zillow has taken heat over its Zestimates. Many homeowners have complained that the company’s automated home valuations don’t accurately reflect the true value of their homes. A formal complaint was also filed with the Federal Trade Commission alleging Zillow is misleading […]
How to Fight and Avoid a Low Appraisal
Thinking of buying or selling a home? Even when both sides agree on a price, the deal could fall apart thanks to an under-appraisal. Short appraisals typically arise in a declining housing market because the lack of recent comparable area homes sales, or “comps,” making it difficult for appraisers to determine the current market value […]