Who Pays for Title Insurance Costs in Texas
In Texas, responsibility for title insurance can vary depending on the type of policy and local market norms. Here’s a breakdown: Lender’s Title Insurance: Always required: Lenders will require the buyer to purchase a lender’s title insurance policy. This protects the lender’s financial interest in the property if there are title defects like liens, fraud, […]
Who is responsible for covering closing costs in Texas
Quick Answer Both buyers and sellers have closing costs that they must pay at closing. The seller typically pays the lion’s share of the commission with 6% going to both realtors and about 1% for other closing cost fees. What are Closing Costs Closing costs are fees and expenses that a home buyer or seller […]
Should you Tip Your Realtor
Quick Answer Realtors are not typically tipped for their services, as they are paid a commission from the sale of the home. However, some clients may choose to tip their realtor as a gesture of appreciation for their hard work. According to a survey conducted by the National Association of Realtors, only 8% of home […]
Resetting Zillow’s Days Counter: A How-to Guide
How do you update the listing duration on Zillow to keep your property front and center? We will guide you through the step-by-step process of resetting the number of days since your listing was created, giving your rental property or house a competitive advantage. Let’s explore the hidden features and functionalities that can enhance your […]
Navigating Realtor Salary in Texas
Are you considering a career in real estate and curious about how much a Realtor can make in Texas? According to recent data, the average salary for a Texas Real Estate Agent is around $60,000. Ultimately how much money you can make depends on the number of houses you can sell. Here is what indeed has to say on a real estate agent’s […]
Explaining the Meaning of “Active Under Contract” Status
Definition of Active Under Contract When navigating the real estate market, it’s essential to understand the various terms and stages associated with a property’s status. One such term that often raises questions is “Active Under Contract.” We will explore the meaning of this real estate term, its significance for buyers, sellers, and real estate professionals, […]
What is a Buyer’s Agent Fee and who Pays it
Quick Answer When purchasing a property, the buyer usually pays fees to their real estate agent for their assistance throughout the process. These fees are typically a percentage of the purchase price and are agreed upon between the buyer and agent at the start. However in many states. the proceeds are paid by the seller […]
Zillow’s “Active” Explained
Quick Facts The term “active” on real estate websites like Zillow usually refers to properties that are currently available for sale or rent. If a listing is marked as “active,” it means that the property is actively on the market and potential buyers or renters can inquire about it. Zillow has established itself as a […]
Looking to Build a Tiny House? Find Out the Average Cost
What is a Tiny House A tiny house is a small, compact living area that typically ranges from one hundred to four hundred rectangular feet. It is designed to offer all the vital services and functionality of a conventional home but on a far smaller scale. The tiny residence movement has received great popularity in […]
Common reasons why Houses Come Back on the Market
Quick Answer Houses can come back on the market for a variety of reasons, such as the seller not being able to find a buyer, the seller changing their mind, or the seller not being able to close on the sale. Another a house may come back on the market is that the buyer was […]
How Can an HOA Prevent You from Renting Your Home
Quick Answer Yes an HOA can prevent residents from renting out their house. Some HOAs may not allow rental properties in their community, while others may have restrictions on the number of rental properties allowed. Everything owners need to know will be in the bylaws. HOAs exist to ensure that their communities’ common areas are […]
What is Landglide
Quick Facts LandGlide is a mobile app and website that allows users to access property line data for anywhere in the United States. The app uses a combination of aerial imagery and parcel boundary data to provide users with an interactive map of property lines. LandGlide also provides users with detailed information about the properties, […]
How Much Can I Expect to Pay for Honomobo Container Homes
Quick Answer The average price of a Honomobo container home is $95,368. They are made from recycled shipping containers and can be delivered to any location in North America in as little as 8 weeks. 92% of Honomobo customers reported spending less than $110,000 on their container home. The homes have a lifespan of up […]
Seller Response Time: How Long Buyer’s should wait for an answer
If you’re in the process of buying a home, one of the most frustrating parts can be waiting for a seller to respond to your offer. Here’s everything you need to know about how long sellers typically take to respond—and what you can do during the waiting game. From knowing how to make an offer […]
Red Flags: Reasons To Report A Real Estate Agent
Quick Answer Reasons to report a real state agent may include failure to disclose important information, misrepresentation of facts, or failure to follow the terms of a contract. Additional reasons may include money laundering, embezzlement, kickbacks, forgery, or even bribery. Depending on the severity of the complaint, the real estate agent may face a fine, […]