What is Earnest Money and When can the Seller Keep it
Are you wondering what happens to your earnest money in a home sale? Earnest money is a deposit showing you’re serious about buying. Let’s explain “What Is Earnest Money And When Can A Seller Keep It”. Key Takeaways Definition of Earnest Money Earnest money is a sum of money that a buyer pays to a […]
What Is A Real Estate Buy Box & How To Utilize It
Quick Answer Refers to the criteria or parameters that real estate investors or buyers use to purchase potential properties. It is set of guidelines that define the characteristics of properties that a buyer is interested in. The buy box can include many factors depending on the investor’s strategy, price range, and personal preferences. You use […]
Why Houses Fall Out of Contract & Return to Market
Quick Answer: Houses fall out of contract all too often – leaving sellers feeling frustrated and buyers disappointed. In June 2022, approximately 60,000 home purchase agreements fell through – that’s nearly 15% of homes under contract that month! We will explore why houses fall out of contract and come back to market – including financing […]
Exploring The Distinctions: Ranch Vs Farm Unveiled
Many people mix up farms and ranches. Farms grow crops and raise different animals. Lets break down “The Differences Between A Ranch And Farm Explained”. Read on, get the facts straight. Key Takeaways Defining the Terms A farm is a place where crops and animals are raised for food or other products. A ranch is […]
What Is A Seller Credit And How Does It Work In Real Estate
Buying a house is exciting but comes with high up-front costs. Seller credit can lower these expenses. This article will show how seller credits make buying a home easier and less costly for you. Keep reading to learn more about this valuable tool in real estate. Defining Seller Credit Moving from an introduction to a […]
How does Zillow Make a Profit Revealed
Deciding where to put your home on the market can be tough. Zillow has become a go-to spot for many looking to sell or buy. We will guide you through how Zillow makes money, helping clear up some of that confusion. Ready? Let’s find out. Overview of Zillow’s Business Model Zillow’s business model encompasses the […]
Will the Austin Housing market crash in 2024 or 2025
Quick Answer No, probably not. In order for a housing market to crash you need to usually have Forced selling High unemployment High inventory Currently that is not the case Austin or anywhere in the country. Austin, TX had huge price increases in the last few years. But did rising interest rates cool off one […]
What Makes a Mansion Different from a Regular House
Quick Answer A mansion is a large and luxurious residence, typically a very large and impressive house that occupies a lot of land. The size of a mansion is typically measured in square feet, with the average mansion ranging from 5,000 to 10,000 square feet. The average cost of a mansion in the United States […]
The Differences between a Ranch and Farm Explained
In the United States, there are currently 2.1 million farms, of which 1.75 million are classified as “ranches” and the remaining 350,000 are classified as “farms” (USDA, 2019). Ever want to know the difference between a farm and a ranch? What is a Farm A farm is an agricultural status quo that makes a speciality […]
Decoding the Meaning of ‘Pending’ in Real Estate
When it comes to real estate transactions, the term “pending” is important and should be understood well by both the buyer and the seller. Understanding the Concept of It refers to a status given to a property listing that has received an offer from a buyer and has been formally accepted by the seller. The […]