Home Sales Fundamentals: What Every Homeowner Should Know
Owning a home that you do not want or need can happen for many different reasons. Maybe you have moved to another area to take advantage of a job promotion. Perhaps you have inherited a house in an area where you have no plans to reside or you own the house where your college student lived while seeking their degree in another city or state.
These are just a few of the reasons that homeowners find themselves with an extra home on their hands.
Now that you are ready to find a vacation home to call your own, you will want to read through the following tips. This way, you will not be as likely to experience buyer's remorse and you will have a nice vacation home for you and your family to enjoy for many years to come.
The Local Weather
Even if you already know that the area you are looking in gets a lot of warmth and sunshine, you will want to inquire about storms, especially since you are not from the area.
Few buyers stop to think about the real estate market when they begin their home search, but the temperature of the market can make a great deal of difference in availability, price, contract contingencies, and more. Read on for an overview of three market temps and how to deal with each of them.
Buyer's Market/Cool Market
If you are on the hunt for a home, this is your perfect market condition.
If you are in the process of buying a house and find out that the house you are buying has an easement, you should carefully evaluate the easement to determine how to handle this sale. An easement is something that is hard to get rid of and can affect you, and there are several important things you should understand about easements on properties.
What is an easement?
An easement is a legal term that refers to a right of a property.
Real estate is one of the few transactions where information about buyers and sellers is publicly available. This can be troublesome if you need to maintain your privacy for safety reasons (e.g. leaving an abuser) or just don't want nosy acquaintances in your business. If you want to keep your real estate transactions on the down low, here are two ways you can go about it.
Sell Your Home Off-Market
When I decided to sell my first house, I had no idea how complex the process was going to be. From meeting with several real estate agents to completing the listing and scheduling open houses, it was more demanding than I thought. When it came time to entertain offers, I was at a loss for how to evaluate each one objectively and I made some mistakes that I wish I'd known better about. Now that we've left the closing table, I wanted to create this site to help others who may be new to listing a home. Read through what I've learned so that you can be better prepared for the process yourself.
Owning a home that you do not want or need can hap …
Now that you are ready to find a vacation home to …
Few buyers stop to think about the real estate mar …
If you are in the process of buying a house and fi …
Real estate is one of the few transactions where i …