Monthly Archives: July 2016

Real Estate Term of the Week

CMA (Comparative Market Analysis): An evaluation of similar, recently sold homes (called comparables) that are near a home intended to be bought or sold. Comparative market analyses establish the current market value of the...

Real Estate Term of the Week

Consideration: Something of value bargained for in exchange of real estate. Money is the most common form of consideration, but other consideration of value, such as other property in exchange, or a promise to...

Home Buying 101

Buying real estate can be a daunting endeavor. For most of us, it’s probably the largest purchase we’ll make in a lifetime. To ease your concerns, educate yourself about the buying process. The more...

Real Estate Term of the Week

Effective Age: The number of years of age that is indicated from the condition of a structure’s improvement rather than from its actual chronological age, as determined by an appraiser. The actual age of...

Real Estate Term of the Week

Blue Ribbon School: The Blue Ribbon Schools Program is a United States government program created in 1982 to honor schools that have achieved high levels of performance or made significant improvements in closing the...

Great Things About Your Home You Forgot to Mention

If you’re selling your home, you may already know the most desirable features that buyers look for in online home-for-sale descriptions. Houses with granite countertops, hardwood flooring, and updated kitchen and bath amenities tend...

Real Estate Term of the Week

Closing Costs: Fees paid at the closing of a real estate transaction. The point in time called “the closing” is when the title to the property is conveyed to the buyer. Closing costs are...