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...
Real Estate Term of the Week
Heat Exchanger: A device used to transfer heat from one fluid to another without direct contact of the fluids. Heat...
Issues A Home Inspector Might Miss
A home inspection is a series of standard checks regarding the mechanical functions and general condition of a home. Essentially,...
Real Estate Term of the Week
Construction Contract: A legal document which specifies the details of a construction project. A good construction contract will include (1)...
New Construction vs. Buying an Existing Home
Some buyers turn to new construction because they can’t find what they want on the market. And other buyers want...
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...
Lessons on Market Value and Price
You might think in a tight sellers’ market that sellers are setting the bar for the market value of real...
Real Estate Term of the Week
Bridge Loan: A bank loan intended to cover an interval between two transactions, typically the buying of one house and...