The housing market in California picked up some steam in May as existing home sales and median home prices inched up from both the month and year before. Here are some pertinent stats on California’s housing market for May 2017, gathered by the California Association of Realtors (CAR).
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A real estate contract can be confusing for both buyers and sellers, especially for first-timers. Not only is there plenty of jargon that many may not be familiar with, there are also many deadlines stipulated that must be met. Failure for these deadlines to be satisfied can result in a dead deal, which is why it’s essential that all necessary parties do their due diligence to meet these milestones.
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It goes without saying that a home purchase is a big deal and is probably the biggest investment you’ll ever make. If you’re a first-time buyer, make sure you avoid these potentially costly mistakes.
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When it comes to buying a home, you’ve got options; namely, should you buy new construction, or an older home?
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As the temperature continues to rise as we head deeper into summer, the energy – and money – needed to keep our homes cool can skyrocket.
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When it comes to buying a home, a mortgage is almost always a part of the process. But as common as they are, mortgages can often be highly confusing. That said, it’s in your best interests to become familiar with the mortgage process, regardless of whether you’re a first-time buyer or have bought and sold many times in the past.
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Selling a cookie-cutter house can be a challenge because you’ve got to go the extra mile to make it unique enough to stand out from the rest. But what about when your home is so unique and quirky that buyers find it downright strange?
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There are obviously plenty of questions that you should ask sellers before you even put in an offer on a home. This will help ensure that you’re making a sound buying decision. After all, this is a huge investment that should only be done with due diligence.
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Real estate professionals will always advise their buyer clients to get pre-approved for a mortgage. Why? For a few reasons.
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The majority of residential real estate contracts typically come with a contingency that allows the buyer to have the home inspected by a professional before the deal is sealed. Buyers usually pay for this service themselves, while sellers simply allow them to book a few hours to inspect the home from top to bottom. So, if the buyer is arranging – and paying for – a home inspection, why should you as a seller pay to have your own pre-inspection done?
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