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. Download Sample Letter Termination Letter Reasons to Terminate a Relationship […]
How to Evaluate Offerpad’s Pros and Cons
Is the Phoenix Housing Market Going to Crash
Phoenix is no stranger to economic fluctuations and volatility. Investors flocked to Phoenix during the Great Recession, snapping up houses at attractive profit margins. It was one of the best cities in the country to pick up homes at great prices. In the 1st quarter of 2019 the median sales price of a home in Maricopa County […]
How to Clean a Hoarder House Easily and Quickly
Quick Facts Hoarder houses are characterized by rooms filled with an overwhelming amount of clutter, which often includes a wide array of random items that may hold little to no value. Imagine a home cluttered with things, where navigating through the pathways in the home is the journey through mountains of clothes, papers and the […]
Will the Dallas Housing Market Crash
Quick answer No, it doesn’t look like Dallas is in a bubble nor will the market crash anytime soon. The inventory in Dallas like the rest of Texas is very low, just 2.8 months. Although affordability is an issue with rising interest rates, you need a lot of homes on the market for a crash. […]