The Pros and Cons of Land and Lease-to-Own Contracts
Both Land and Lease-to-Own agreements are seller-financing options that give a buyer the chance to own a home when typical...
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...
Here’s What Can Go Wrong Before a Home Closing
The process of searching for a home, negotiating the price, getting through inspections, and obtaining a mortgage is stressful enough....
Real Estate Term of the Week
Rent-Back Agreement: A legal, written agreement in a real estate transaction between a seller and a buyer. It gives sellers...
Rent-Back Agreements Can Work for Sellers and Buyers
Many home sellers face a serious time crunch when leaving one home for another. How does one vacate the first...
Real Estate Term of the Week
iBuyer: An iBuyer is a company that uses technology to make an offer on your home instantly. Models vary, but...
The Pros and Cons of Using an iBuyer for Home Selling
iBuying is a new form of buying and selling real estate that currently exists only in the nation’s largest housing...
Real Estate Term of the Week
Conforming Loan: A loan is considered conforming when it meets specific guidelines set by two government-sponsored institutions, Fannie Mae and...
Fannie and Freddie’s Loan Limits Got a Raise—Here’s What That Means
December 2019 – The Federal Housing Finance Agency (FHFA) announced that it’s raising the conforming loan limits for Fannie Mae...
Real Estate Term of the Week
Coming Soon Listing Status: The Greater Cincinnati MLS requires Coming Soon homes to be listed on the MLS. A Coming...
4 Creative Ways to Find a Home When Inventory is Low
The housing market continues to be filled with more buyers than sellers who are willing to move. That means buyers...
Real Estate Term of the Week
Performance of Contract: Fulfillment of the obligations by the parties. The parties who make the contract must fulfill their obligations...