Monthly Archives: June 2019

Real Estate Term of the Week

Design-build: Construction of new homes is frequently delayed due to time conflicts between two (or more) teams involved. The idea behind design-build is that the same team who designs the project constructs it as...

Real Estate Term of the Week

Comparables: Homes of similar size, condition, age, and style that recently sold in a certain neighborhood. Evaluating comparable homes and their prices can help determine a fair market value for a home

Understanding How Comps are Used

In the real estate world, “comps” is the shortened term for comparables, which refers to similar homes sold near a property for sale. One of the most critical points of selling a home or...

Real Estate Term of the Week

Closing Disclosure: A multi-page form that provides final details about the mortgage loan you have selected. It includes the loan terms, your projected monthly payments, and how much you will pay in fees and...

How to Avoid Buyer’s Remorse

Buying a home brings excitement and eagerness, whether it’s the first time or even the third. Because the hunt for a great place is an emotional process, sometimes significant factors get lost in the...

Real Estate Term of the Week

Holdover Seller: One who remains in a property after a real estate transfer has occurred and closing has taken place. The new real estate owner may find it difficult to remove the previous occupant...