Earnest Money Deposit: Once the offer is accepted & the RPA (Residential Purchase Agreement) is fully executed by all parties, the first part in holding up your end of the purchase agreement is to deliver your deposit to escrow within the agreed upon timeline. This is 72 hours in most cases. Hand delivery or wire […]
How to Buy: Contingency Period
Contingency Period: This is the timeline you have to satisfy all of your loan conditions, as well as property inspections. Sometimes known as your ” Free Look”. Obviously, inspections cost money so expect to have out-of-pocket expenses during your contingency period. You will pay for a home appraisal & that will be ordered by your […]
How to Buy: Contingiencies Removed
Contingencies Removed: The home stretch of the buying process. You are content with the disclosures, reports, and inspections. Your loan has been given clearance to go to the final document phase. The seller is going to want this commitment in writing, and you guessed it: there is a form for that! This is the part […]
How to Buy: Home Showing
Home showing: This is it! A date to go out showing has been decided, and appointments have been scheduled. We are hitting the road and going into prospective homes. In your search process, mental ideas are formed about the home you desire. Overlaying that idea on available inventory is the fun part. Homes that are […]
How to Buy: Home search
Home Search: Loan qualification in hand, it is time to start searching. Your home search is personal. You are looking for a new place to call your castle, and finding what you are looking for is key. That said, there will usually be a compromise of some sort: so it’s important you under The rules of […]
How to Buy: Retaining the Service of a Real Estate Agent
How to Buy: Obtain Financing
How to Buy a Home: The Short List
Transparancy in Real Estate: Why You Need to Hire an Agent
Yet another article bemoaning the trials and tribulations of the supposed David v. Goliath battle in real estate. Zillow has certainly garnered it’s share of controversy, but so does any successful company shaking up an industry (internet marketing.) With statements like “…Zillow has informed him it would reject any data feed that did not have complete […]