Real Estate Term of the Week
Collateral: Something pledged as security for repayment of a loan, to be forfeited in the event of a default. In...
Top Ten Things Home Buyers Forget to Consider
It’s always essential to have a list of “must haves” and “nice to haves” when searching for a new home....
Real Estate Term of the Week
Back-Up Offer: An offer made to a seller when there is already an accepted offer on a home. A seller...
Know the Rules of Offers When You Sell or Buy
Both home sellers and buyers can face tense times when it’s time to evaluate and make offers for purchase. While...
Real Estate Term of the Week
Covenants, Conditions, and Restrictions (CC&Rs): Limits and rules placed on a group of homes by a builder, developer, neighborhood association...
Is an HOA Community Right for You?
A Home Owners Association (HOA) community can provide living opportunities to any age buyer that might otherwise not be affordable...
Real Estate Term of the Week
Appraisal Contingency: A clause in a home purchase contract that protects the buyer. It’s used to ensure a property is...
Things That Can Go Wrong Before Closing on a Home
The process of searching for a home, negotiating the price, getting through inspections, and obtaining a mortgage seems stressful enough....
Real Estate Term of the Week:
Exurbs: A semi-rural district outside a city, especially a prosperous area beyond the suburbs....
Will A “Senior Sell-Off” Materialize in the Next Decade?
The oldest of the baby boomers are reaching their seventies and are well into their retirement years. Between 1990 and...