Closing on a new property is a very lengthy and involved process. Simply negotiating a sale price and other conditions for a transaction is only the initial stage of buying a home. The prospective property owner will need to finalize their financing, coordinate...
Deciding to purchase a house is a big commitment. The property that they purchase will become their home, which means that everything from the property's amenities and location to its age and condition can influence what the home is worth for the buyer. No one...
Homebuying is filled with a lot of angst – for both buyers and sellers. Buyers may be worried about making sure the home passes inspection, the bank’s appraisal comes back high enough and their mortgage loan is approved. Sellers often worry about how they’re going to...
Commercial real estate costs more than a property of similar size or locations with residential zoning. Businesses looking to purchase vacant land or existing building for company operations may look into any properties that could theoretically work for their...
The real estate market is in constant flux. Prices, trends and demand are always changing, and the professionals that operate within the industry have systems in place to minimize the losses they may possibly incur from doing business. Mortgage companies, for...
If you are buying your first house, you may not be sure what to expect. Fortunately, there are a few things to keep in mind that will help you plan for the time it takes to go through the closing process. Once you’ve made an offer, you may be ready to move in, but the...
Buying a house can be as risky as it is thrilling. You may feel so excited when you find a house in the right school district that is within your budget that you can barely contain yourself. You may have an emotional response to the perfect breakfast nook or a...
As someone who is interested in buying a home, you’re on the path to homeownership. This is an exciting time in your life, but it can also be scary. You’re going to spend thousands, if not hundreds of thousands, of dollars on a property, so you want to know everything...
When you’re ready to close your home’s purchase, one of the things you have to be aware of is that there are issues that could prevent the closing from moving forward. Prior to closing, your buyer may want to have inspections performed, for example. If anything goes...
You put in an offer on your dream home and it gets accepted. You’re elated. It takes a few months to get through the process -- getting the mortgage, doing the inspection, etc. -- but then you head to closing. You assume that, as soon as you close on the house, it...
