How you can find Market Value for a Home fast
Quick Answer Work with an agent who knows the neighborhood and has access to recent sales. Run a CMA Get an Appraisal Online home value estimators can provide an estimate of the fair market value of a home, but they are not as reliable as an appraisal or a real estate agent’s opinion. Real estate […]
Can a Seller Back Out of a Real Estate Contract
Quick Answer: Yes a buyer can try and force the seller to sell, but it is a costly process and involves hiring an attorney. A buyer may be better off finding a seller who wants to sell. Refusing to sign closing documents can potentially result in legal consequences for the seller. Yes, a seller can […]
Exploring the Legalities of Dual Agency in Colorado
Quick Answer Dual agency is illegal in Colorado, even if the real estate broker discloses the relationship to the buyer and the seller in writing; it is against the law. Commission rule 6.7 states a broker and it’s agent may not enter into this relationship. But there are some situations where one broker and team […]
No Money? Here’s How to Buy a Foreclosed Home
Quick Facts Out of those who manage to secure a zero-down deal on a foreclosed property, roughly 25% finance renovations using low-interest loans or grants available through various housing initiatives Approximately 1 in every 10 foreclosed homes is sold with a down payment of less than 5%. (Source: RealtyTrac) To buy a foreclosed home with […]
Can You Really Sell Your House for $1
Quick Facts: Yes you can, and the most common reason for selling a house for $1 is to transfer the property to a family member. In some states, a homeowner may be able to sell a house for $1 to avoid paying transfer taxes. It can be used as a way to transfer a property […]
Why to Fire your Real Estate agent and how to write the letter
Making the decision to terminate your real estate agent contract can be a difficult one, but sometimes it is necessary for the success of your property transaction. Before we get started, always consult an attorney before you attempt to terminate a contract with a realtor. Reasons to Terminate a Relationship with Agent Poor communication or […]
Tricks Real Estate agents play on buyers and sellers
When it comes to buying or selling a property, it’s important to be aware of the manipulative tactics that some real estate agents may employ. Understanding these tactics can help you navigate the process with confidence and make informed decisions. We will shed light on some common tactics used by real estate agents and provide […]
How to Evaluate Offerpad’s Pros and Cons
12 Mistakes to Avoid When Buying your First Home
Buying a home is one of the most significant financial decisions you will ever make. It can be overwhelming, especially if you are a first-time homebuyer. There are so many things to consider [from getting pre-approved for loans to choosing the right neighborhood] including finding the perfect house. However, it’s important to avoid common mistakes […]
Expert Advice on Selling a House with Fire Damage
Quick answer An easy and fast way to sell a property damaged in a house fire is to someone who doesn’t need a loan. A real estate investor can make a cash offer and close quickly. You can also make repairs to the home and then list the home on MLS with a realtor. Selling […]