What is an encroachment? Are encroachments in real estate a significant problem? You’ll undoubtedly want to know the answer when you’re involved with disputes about your boundaries. Encroachments on a home can become a problem when buying or selling. A land survey could uncover an encroachment on the home you want to buy that could […]
Understanding and Defining The Common MLS Listing Statuses and Abbreviations
Have you ever looked at real estate listings online on your favorite sites and had no idea what a listing status meant? If so, you’re not alone. Many listing status abbreviations are confusing to buyers and sellers. Understanding the various multiple listing service (MLS) statuses in real estate is crucial for buyers, sellers, and new […]
How to Find Your Property Lines For Free
Are you wondering how property lines work? Maybe you are trying to determine precisely where your property lines are located. You’re not alone if you nod yes to these questions. Understanding how to find property lines is vital, especially after buying a home. Lots of folks try to research how to find their lot lines. […]
What is The Difference Between Contingent and Pending?
One of the questions I often field as a real estate agent from buyers and sellers is the difference between a pending home sale and a contingent home sale. Some will also ask what a contingency means as well. The meaning of contingent is not difficult to understand and neither is pending However, if you […]
Cool Things to Include When Building a Luxury House
Ever find yourself daydreaming about living in a home that mirrors the elegance seen in luxury magazines and imagined retreating to your spa, cooking in a chef’s dream kitchen, or reading by an exquisitely designed fireplace? Welcome to the realm of luxury living! Let’s pull back the velvet curtain on the world of luxury home […]
Why Dual Agency is Illegal in Some States
Did you know that dual agency is illegal in some states? There is one perfect reason why dual agency has been made illegal in some places – it sucks for consumers! Do you want your Realtor to represent your best interests? How about getting the lowest price when buying or the highest price when selling? […]
What is an Exclusive Right of Sale Listing Agreement?
When selling your home with a real estate agent, you will execute a listing contract. The most common arrangement is an exclusive right-to-sell listing agreement. A contract is signed between a homeowner and a listing agent in this arrangement. The contracted agent is the only individual you have hired and is guaranteed a commission upon […]
How Much Does a Home Inspection Cost?
Do you know the home inspection cost and whether it is worth it? Even though no one wants to spend more fees than they need to, saving money by not having your new home inspected isn’t recommended. The home inspection report will reveal the property’s condition and uncover what you need to know before buying. […]
What is a Seller Concession in Real Estate and How Does it Benefit Buyers?
Have you heard a real estate agent using the term “seller concessions” or “selling concessions” and wondered what it meant? Buying a home can stretch your finances to the limit, with closing costs that could be as much as 5% of the purchase price. This can make purchasing the home you want very difficult, but […]
What is an Abandoned House and What Happens to The Property
When driving around neighborhoods, you might see what looks like an abandoned house every so often. The signs of abandoned places are blatantly obvious. The boarded-up windows, the overgrown landscaping, the peeling paint, and the crumbling driveway give away the state of disrepair. Some words, such as decrepit, dilapidated, and eerie, will often come to […]