If you are first time home buyer OR even if you’ve bought and sold in in the past but it’s been forever-a-go… Knowing the key players in a real estate transaction is one of your keys to success.Escrow is a third party to a real estate transaction. They are there to make sure everything during the closing proceeds smoothly, including the transfers of money and documents. Escrow protects all the relevant parties by ensuring that no funds and property change hands until all conditions in the
If I had a nickel for every time I was asked this… Well, without the ‘dude’ part in some cases (-; Appraisals seem to be taking record waiting times. Why is that?
Wintry weather is great at turning up problems you didn’t even know you had. Like that first snowy night in front of your fireplace that you thought was pure bliss — until you noticed a leak in the ceiling corner, which apparently was caused by a lack of insulation. How were you supposed to know that?Many homeowners don’t realize they’re making critical missteps that can cost a ton when winter sets in. Here are seven wintertime mistakes homeowners often make (and what they could cost you!):1.
Each year in September, the Silicon Valley Association of Realtors reminds members to keep Realtor safety foremost in everyone’s minds. Members’ clients, particularly sellers, face some dangers in allowing strangers into their homes during a showing or open house.“We are comfortable with our surroundings and can overlook items that can pose a safety or security issue when we open our doors to strangers,” said David Tonna, president of the Silicon Valley Association of Realtors. “During showings
Home buyers want to know specifics about the homes that pique their interest. So be proactive and address their questions upfront by finding the answers to some of the following questions before you list. 1. How old is the home? When was it last renovated?2. How old is the roof?3. What furniture, equipment or fixtures are included in the list price? For example, is the seller OK with the appliances, ceiling fans, swing set, window treatments and shed being included in the sale? 4. What are the
A real yard. Closets bigger than your average microwave. The freedom to decorate however you darn well please! Making the switch from renting to owning is exhilarating, but many rookie homebuyers find the process trickier to navigate than they expected.Houselogic.com has come up with this First-Time HomeBuyer Checklist to help first-time buyers sidestep common mistakes, like paying too much interest or getting stuck with the wrong house. (Yep, it happens!)12 Months OutCheck your credit score.
Having recently built a new home, we thought it might be helpful to share some insights we gained in the process. The thought of building a custom home can seem daunting at first. But with an experienced builder as your guide, the process of building a home is very manageable, even thrilling. The reward is you get your exact dream house, finished the way you want it, never lived in by others, and located on the land you found. Here’s how to make it happen. Financing. Start by sitting down with a
If this year is your year to buy a home, whether you are currently renting, need to sell a home first, or even just moving out of your parents’ home, there are a number of activities you can do right now that will put you in a great position when you are ready to sign on the dotted line: Clean up your credit. If you aren’t ready to contact a lender just yet, the first step you can make is to check your credit report and note any areas of concern or issues you need to address. It is not usual for