A listing contract is a legal agreement between a real estate broker and an owner of real property, granting the broker the authority to act as the owner’s agent in the sale of the property. Listing Contract: The most common type of listing contract in this area is the exclusive right to sell. The seller mustContinue reading “What Is a Listing Contract?”
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Do You Need An Attorney At Closing?
Closing is the last step in a real estate transaction. Depending upon your state laws, you may or may not be required to have an Attorney represent you at the closing. It’s important to understand that while other Attorneys may be present at the closing. For example, a lenders Attorney. They do not represent you,Continue reading “Do You Need An Attorney At Closing?”
Open House Etiquette For Buyers
Visiting an open house is a great way to see what a property has to offer. When you enter most open houses, they have a sign-in sheet asking for your name, address, and phone number. Open House Etiquette For Buyers: Now, if you’re already working with another agent, be sure to mention that to theContinue reading “Open House Etiquette For Buyers”
Mistakes You Should Avoid Before Selling Your Home
Are you planning to sell your home soon? These are a few mistakes you should avoid before selling your home. Don’t sell before the house is ready. If it doesn’t present itself well, it won’t sell. Well, Neglecting to ramp up. Your curb appeal, you polish, and primp inside your home. But if you neglect toContinue reading “Mistakes You Should Avoid Before Selling Your Home”
Making the Most of An Open House
An Open House provides an excellent opportunity to view homes in a relaxed atmosphere. You get a feel for the market. You can ask the realtor questions and can also ask yourself, is this the right home for me? Help yourself remember specific details by bringing a notebook, tape measure, and camera. Pay attention toContinue reading “Making the Most of An Open House”
Buying a Vacation Home
Thinking about buying a vacation home now, is a good time to buy. Interest rates are still low and home prices are affordable. Let’s take a look at some things you should consider before starting your search take stock of your finances. Ask Yourself Do you plan to tap the equity in your home? AndContinue reading ” Buying a Vacation Home”
Choosing A Retirement Destination
When most people retire, they tend to stay in the same place where they’ve spent most of their lives, but some people want a change of scenery. If you’re planning to relocate, here are some factors to consider the cost of living. How does the new area compare to what you’re used to? Read Also: WhatContinue reading “Choosing A Retirement Destination”
What Happens When Real Estate Taxes Remain Unpaid
Failure to pay property taxes, when due can lead the serious consequences. Its interest property liens even lead to foreclosure. Most lenders require monthly mortgage payments to include an escrow for 1/12 of the annual property taxes. Read Also: What Is a Reverse Mortgage? If your taxes aren’t a part of your monthly payment, make sureContinue reading “What Happens When Real Estate Taxes Remain Unpaid”
What Is a Reverse Mortgage?
A reverse mortgage is a type of loan available to homeowners age 62 years are older. It’s called a reverse mortgage because the lender makes payments to the borrower with a reverse mortgage seniors can convert the equity in their homes into cash. The product was created to help people with limited income use theContinue reading “What Is a Reverse Mortgage?”
Preparing Children For a Move
Families move for many reasons some happy such as job transfer, and others. Not so happy when moving because divorce causes financial problems, and it is as disruptive as moving. Just like how it is with the parents, the experience can be even more traumatic for children. Here are a few tips to make theContinue reading “Preparing Children For a Move”
