You’ve fallen head over heels for a house, only to discover it’s already under contract. Disheartening, right? But wait – there’s still a glimmer of hope! Enter the backup offer. Do backup offers actually work? Let’s dive in. What is a Backup Offer? A backup offer is a formal offer on a property that’s already […]
Do Backup Offers on a House Ever Get Accepted? Read More »
If you’re thinking about selling your home, you’ve probably heard the terms “CMA” and “appraisal” thrown around. While both offer an estimated value of your property, they are fundamentally different. Understanding these differences is crucial for setting realistic expectations and making informed decisions about your home sale. What’s a CMA? A Comparative Market Analysis, or
Why a CMA Isn’t an Appraisal Read More »
If you’re a homeowner thinking about selling or a buyer considering a purchase, you might be wondering about the difference between a CMA and an appraisal. Both play a role in real estate transactions, but understanding their unique purposes and accuracy is important. What is a Comparative Market Analysis (CMA)? A Comparative Market Analysis (CMA)
Which is More Accurate: A Comparative Market Analysis (CMA) or an Appraisal? Read More »
The final walk-through is one of the last steps in the home buying process before closing. It gives buyers the chance to do one last check of the property to ensure everything is in the expected condition before the sale is finalized. But what happens if issues are discovered during the walk-through? Can buyers back
Can Buyers Back Out After Final Walk-Through? Read More »
The 25 Rule serves as an essential budgeting principle for prospective homeowners, offering a straightforward method to determine a financially responsible housing budget. This guideline is designed to assist individuals in making informed decisions about how much they can afford to spend on a home without compromising their overall financial health. How the 25 Rule
What is the 25 Rule in Real Estate? Read More »
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