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Should Buyers Consider a Probate Sale?

Just about every home buyer is looking for a good deal on a home purchase. After all, why pay more for a home than necessary? If you can pay less for a property, you’d likely take that opportunity, and there are plenty of deals on the market to be had if you know where to look.

What is the MLS and How Does it Work?

Whether you’re a newbie buyer or seller or have bought and sold homes a few times over the years, you’ve most likely heard of the MLS, or Multiple Listing Service.

In today’s competitive real estate market, it’s important for sellers to take advantage of all effective marketing platforms to get the word out there about their homes, and the MLS is the most widely known online database out there.

Sellers: Before You Finalize Your Taxes, Here are 5 Write-Offs

Paying taxes is never fun, but you may be able to find ways to keep a little extra money in your pocket when filing. Keeping tabs on specific transactions related to your home throughout the year can help you minimize your capital gains tax obligation if you happen to make a profit on the sale of your home.

What Exactly is a Mortgage Transfer?

With the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate that were agreed upon with their lender.

What Types of Liens Can Cloud the Title on My Property?

Real estate transactions aren’t always free of unpleasant surprises. Sometimes a home inspection will uncover an unknown issue or the buyer won’t be able to secure financing despite being pre-approved.

But there’s another potentially unexpected issue that can arise after an offer has been accepted: property liens.

Why Should Buyers Sign a Buyer’s Representation Agreement?

Buying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial for many reasons, but the details of this professional relationship should ideally be outlined in a contract, known as a Buyer’s Representation Agreement.

Pros and Cons of Buying in a Gated Community

The thought of a gated community might conjure up visions of ritzy neighborhoods in Hollywood where all the hottest celebrities tend to live. Behind those gates are thought to be incredible homes on amazing lots with fabulous amenities at the fingertips of all who dwell there.