When looking for homes online, home buyers might chance upon a property with a “contingent offer” status. This means that an offer has been made and accepted, but the sale is still conditional while both parties work on meeting certain criteria.These criteria, or contingencies, are actions ...
Buyer’s remorse (the feeling of regret after making a huge purchase) is a common sentiment that a lot of people understand and sympathize with, given that the average person makes huge purchases more often than he/she gets to sell anything of substantial value.This is why the seller ...
Much like any business venture, listing your home for sale is all about finding the best possible timing. The best case scenario would be one in which the sale happens while the market is at its best, at the same time you are prepared to leave, and to buyers that are motivated to pay ...
For some people with enough funds and other houses to live in, selling a home and buying one at the same time can be relatively easy since there is not much pressure involved. But for those who need the equity from their old house to buy a new one, things can get quite stressful--especially so ...
luxury of living elsewhere while selling the house they do have. It’s pretty common for home sellers to have to deal with the challenge of selling the same home in which they still have to eat, sleep, and bathe in -- so it’s nothing to be embarrassed about. However, it can be quite a ...
Whether you are a first-time home buyer or a third-time home seller, the real estate transaction can be confusing and stressful enough even without the many terms and acronyms used during the process. But don't be overwhelmed — we've compiled a mini-glossary of the important terms you ...
The kitchen is one of the most important areas in a house. If a potential buyer is someone who spends a lot of time in the kitchen, the condition of this area can make or break a sale. In fact, even if the buyer is not much of a cook, the kitchen is still a major consideration since this is ...
An appraisal is an integral part of the home buying process as it determines the objective value of a property. Lenders require an appraisal to help them evaluate a home before they issue a mortgage. Appraisals are done by trained and licensed appraisers, who will then give an unbiased report ...
What is an appraisal? An appraisal is a professional estimate of the value of a home done by a certified appraiser. It is a critical process for buyers because lenders always require a home appraisal before they issue a mortgage. Meanwhile, for sellers, a good understanding of the appraisal ...
You may think that your house is the only thing that needs to be in its best shape during the selling period. But the truth is, how you are as a seller holds an equal amount of importance to your potential buyer. They may like the house, but if they don’t like who’s selling it, they probably ...
Homeownership is beautiful and rewarding. It gives you the freedom to add any renovations you like and turn your home into your safe haven. However, if you're even considering selling your home in the near future, then you have to be very careful in deciding what improvements you'd like to add ...
Just like any sale, both the buyer and the seller have their own rights in making a home purchase. Are you knowledgeable about these? Don’t get into a deal just yet if you don’t know your rights!
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Whether you are buying, selling, investing, or simply enjoying being a homeowner - there's no reason why you wouldn't want your house to be in its best shape..For buyers (especially first-time home buyers), you may already have a list of the features you want in a home, but it would be great ...
Preparing for a home inspection definitely pays off in the long run, and you don’t even have to shell out tons of cash for it. You just have to make sure that the process goes smoothly for the inspector so that you can have a well-standing report for your potential buyer.Take note that ...
For-Sale-by-Owner, more commonly known as FSBO (pronounced “fizbo”), is used to describe a homeowner who is selling their property without the help or representation of a real estate agent. This kind of transaction is commonly seen in the seller's market. The most common reason why ...
You might be dreading the idea of improving your home because it might cost you a fortune. Don’t fret! This list will enlighten you that simple and easy measures which you can do yourself will make a big (and positive!) difference in your home. You can ask your agent how to stage your home ...
