Seller Contingency Clause: Is It Necessary?

Buying a home is one of the easiest hard things that you can do. Unfortunately, many people are not even aware of the seller contingency clause and how it might disrupt their buying process. This clause can be very important, or it can be unnecessary, depending on your situation. However, it can certainly be very conspicuousContinue reading “Seller Contingency Clause: Is It Necessary?”

What Does Exclusive Right To Sell Mean in Real Estate?

Did you know that the right to sell is one of the most valuable rights in real estate? When you list your home for sale with a real estate agent, you will sign an agreement that outlines the terms of your relationship. One of the terms you’ll need to agree to is whether you’re granting the agentContinue reading “What Does Exclusive Right To Sell Mean in Real Estate?”

Selling a Flood Damaged House

Most rivers overflow about twice a year. However, there are some locations that experience floods much more often than others. Sometimes, floods completely destroy houses while in other cases, a flood might only leave a house with minor damage. If your house has been flooded, you might be wondering if you can sell it. The answerContinue reading “Selling a Flood Damaged House”

Closing Disclosure Explained: How To Read and Understand One

Buying a house. It is likely going to be the biggest financial investment you will ever have to make in your life. Once you own the house, you are likely going to be there for the new few decades.  Because this is such a big investment for an individual or couple, there is a lotContinue reading “Closing Disclosure Explained: How To Read and Understand One”

Home Inspection vs Appraisal: The Differences, Explained.

Despite a cooling real estate market, home prices are still much higher than they were last year, this time. Increasing mortgage interest rates are adding uncertainty to the mix and reducing buyer demand, too. If you’re trying to sell your home fast in these unpredictable times, you might consider dropping the price to attract more interest. How doContinue reading “Home Inspection vs Appraisal: The Differences, Explained.”

How To Run Comps On a House: Find and Use Them Correctly

Did you know that over 5 million property transactions take place every year in the United States? This shows how important the entire real estate market is to the American economy. This market has provided ample opportunities for real estate investors to buy undervalued homes and renovate them before selling them for a profit. Knowing how toContinue reading “How To Run Comps On a House: Find and Use Them Correctly”

Selling a Tenant Occupied Property

Over $485 billion is spent on residential rental properties every year. With over 27% of all Americans renting a home, rental properties make for some of the best investments. However, things can get a bit tricky if you have a house with tenants that you want to sell. Tenant occupied homes can still be sold. In someContinue reading “Selling a Tenant Occupied Property”

Selling Rental Property: Costs And Timing

Did you know that the capital gains tax on selling a rental property can get as high as 37%? There are several factors to take into consideration when selling a property. These include the taxes that you have to pay, the tenants that may be living on the property, and the general property market at thatContinue reading “Selling Rental Property: Costs And Timing”

What Is The 70 Rule in House Flipping?

Did you know that over 500 thousand homes are sold every month in the United States alone? Buying a home is a serious investment and is often the largest single investment most people will ever make in their lives. This demand has created a great opportunity for both real estate developers and investors to build and renovateContinue reading “What Is The 70 Rule in House Flipping?”

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