Category : Real Estate
How to Beat a Contingent Offer
You did it. You finally found your dream home! But wait… It’s contingent. Is there still hope to beat the offer?I say there is! Here are a few ways to counter a better offer: …
Seller Tip: Set a Realistic Price
Even in competitive markets, buyers don’t want to pay more than what the “comps” show, so it’s crucial to get the pricing right. Going too high can backfire while underestimating a home’s value might …
How Long Does a House Stay in Contingent Status?
The length of contingency is on a case-by-case basis and will depend on what type of contingencies are in the offer. The contingent period usually lasts anywhere from 30 to 60 days. If you ...
Hire an Agent Who Knows Your Market
The internet makes it simple to delve into real estate agents’ sales history and professional designations, so you can choose the right person to work with. Look up agents’ online profiles to learn how ...
Do lenders pull your credit after Clear to Close?
Do lenders pull your credit after Clear to Close? The answer is yes. Lenders pull borrowers’ credit at the beginning of the approval process, and then again just prior to closing. View on Instagram ...
What To Do When Your Loan Falls Through During Escrow
You worked for years to improve your credit score. You saved every penny you made and then moved in with your parents to save a few more. You surfed real estate listing sites until …
Is 2023 a Good Time To Build Your Forever Home?
Is 2023 a good time to build your forever home? Yes! Here are 3 reasons why: ✅ Construction costs and supplies are stabilizing. This means it’s more accessible to build than in the past ...
Gather Necessary Paperwork to Close
There’s lots of paperwork needed to properly document a home sale. Organize it all in one place to help things go more quickly. Some of the main documents you’ll need to gather include: ✔Your ...
What Can Cause a Mortgage Loan To Fall Through?
There are many different reasons a mortgage might not be approved on closing day or become delayed. Let’s take a look at why exactly you might face trouble at the closing table. ✔Funding Denied ...
Anticipate Closing Costs
Both the homebuyer and seller have closing costs. The home seller typically pays the real estate agent’s commission, usually around 5% to 6% of the home’s sale price. Some other costs commonly paid by ...