As your parents transition into their golden years, they may have to let go of their residential property. This might be because you’re enrolling them into a long-term care home or because they’re downsizing to age-in-place in a more manageable residential property....
Buying a house is an exciting time! You’ve found the perfect place, your offer has been accepted and now it’s just a matter of finalizing the deal. But hold on – the closing process can sometimes hit unexpected snags, delaying your move-in date. Don’t fret, though....
Buying and selling real estate in Alabama requires a working knowledge of what’s required during the process. One of the main things people need to consider is what types of disclosures are mandated within this jurisdiction. Alabama has some rather unique requirements...
Pre-approval typically means that someone meets the necessary standards to obtain mortgage financing. Buyers who have a pre-approval letter are often more competitive on the real estate market than those who apply for a mortgage after making an offer on a property....
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...
