Real Estate Term of the Week

Escalation Clause: A real estate contract that lets a home buyer say, “I will pay X price for this home,...

What Are the Rules Regarding Offers, Counter Offers, and Multiple Offers?

Many buyers believe making an offer on a home involves naming a price, specifying terms of the purchase, and then...

Real Estate Term of the Week

Fixture: Personal property that has become part of the property through permanent attachment....

12 Items in the House That You Forget to Clean

Spring is in the air. With the change in season comes the time for a whole-house cleaning. While some home...

Real Estate Term of the Week

Ergonometrics: Study that deals with space planning in relationship with people’s activities, behaviors, and movements....

Which One Do I Need…Interior Designer or Interior Decorator?

Let’s be real for a moment about our craving for beautiful design in the home. As much as we love...

Real Estate Term of the Week

Absorption Rate: The rate at which homes sell in an area. The higher the absorption rate, the faster homes are...

Does Your Home Appeal to the Millennial Buyer?

It seems we can’t read the news today without seeing some kind of coverage on millennials. In the real estate...

Real Estate Term of the Week

Building Codes: A series of ordinances enacted by a state or local governmental entity, establishing minimum requirements that must be...

9 Easy Home Updates for the Budget Conscious

Thinking about what you can do to spruce up your home…without shelling out tens of thousands of dollars? Let’s face...

Real Estate Term of the Week

Assessed Value: An assessed value is the dollar value assigned to a property to measure applicable taxes. In general, the...

What’s the Difference Between Assessed Value and Market Value?

Buyers and sellers are often confused between assessed value and market value. What is the difference? Many sellers and buyers...

Platinum Service Realty