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For many sellers, the sale price is all that matters when it comes time to review an offer. But there is more to an offer than the price. A residential purchase agreement—the technical name for an offer—is a legally binding contract and it encompasses all the terms and...
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Some buyers will tell you that the best time to buy is during the winter holiday season. There are fewer buyers looking then, so there is less competition from other buyers. Also, although the selection of homes for sale may be lower than at other times of year, those who are...
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A listing is sold when:
a) the seller accepts an offer from a buyer;
b) when all the contingencies are removed from the purchase contract; or,
c) when title to the property transfers from the seller to the buyers.
Depending on whom you ask, any or all of the...
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A home seller's worst nightmare is selling to a buyer who disappears mysteriously at some point during the transaction. The deal never closes, leaving the seller in the lurch just before moving day. As worrisome as this scenario seems, in reality this sort of calamity rarely...
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Many buyers would rather continue to live where they are than buy a fixer-upper. Renovating a home is a lot of work, and the work can disrupt your life. Also, it's often hard to know in advance how much the project will ultimately cost. But for some buyers, buying a...
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What is a home buyer's biggest worry? Paying too much? Buying a home that you end up hating? Working with an agent who leads you astray? Buying a home that turns out to be a money pit? Getting in over your head financially?
Any or all of these concerns may plague you during...
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