Closing expenses, or closings costs, are part of the process of finalizing the sale of a house. In some cases, the closing costs might be paid by the seller, and in other cases by the buyer. Usually, when the Residential Purchase Agreement is discussed between the buyer and agent they will agree to ... » Learn More about What Are Closing Expenses and Am I Responsible for Paying Them?
Assessing the value of a home when putting it on the market with a realtor is affected by a number of factors. There are two numbers to consider when selling your home: assessed value versus market value. In some cases, assessed value and market value may be similar. Each of these two numbers ... » Learn More about Why Is the Assessed Value Different Than What the Realtor Says My Home Is Worth?
Disclosures are a key part of selling your home. The prospective buyer should have some reasonable assurance that the home they are getting is a valuable one, with no ticking time bombs lurking that will land them with a lot of expensive repairs. Honesty Is the Best Policy Most smart ... » Learn More about What Should I Disclose to Potential Buyers?
Many factors come into play when putting your home on the market, but honestly the best time is always now. You just never know if the market will change or if interest rates will go up or down. But if we had to pick a month or season where a larger percentage of homes are sold, a study conducted by ... » Learn More about When Is the Best Time to Sell My Home?
A home sale contingency is one type of contingency clause which is often included in a real estate sales contract or an offer to purchase real estate. The clause states that the transaction is dependent (or contingent upon) certain circumstances - usually the sale of the buyer’s home. Many ... » Learn More about What Is a Sale Contingency?