Escrow is when money is held by a third party on behalf of two other parties that are in the process of a large financial transaction—in this case, the home buyer and the home seller negotiating a home sale.
No home is perfect. If you have completed a home inspection and issues have been found in the home that need to be fixed, what do you do? You can take a number of routes to negotiate for repairs, but each option should be carefully considered in order to benefit all parties.
Selling your home? Before you prepare your home for sale, there are several easy home improvements that can help add value to your home and attract buyers. Clean Up Your Landscape No one likes an ill-kept yard. Not only does it look bad, but it can turn away potential buyers. A well-landscaped home will make […]
Which sounds better: moving into a home that you know is sound and you are aware of any repairs needed, or moving into a home and discovering that the ceiling leaks and the electric systems are unreliable? Being aware of any problems that need to be fixed or have been fixed, of course. Buying your […]
When you enter a real estate contract on the property you are considering buying, the sale is subject to a due diligence period where, the buyer has the opportunity to terminate the contract if they decide the home isn’t for them.
Are you in default or about to default on your loan? There are many consequences like fees and damage to your credit score, and your loan is now considered non-performing. One of the fees you will come across are default-related fees. These fees typically come from default-related services, and are determined by default rates.
You have found the perfect home, got pre-approved for a Kansas City home loan, and got the home inspected. Despite how close you are to getting your dream home, you’re not quite there yet. There are several things you need to check off your list after you’ve had the home inspected.
When you are preparing to buy a home and get a home inspection, don’t hire the first inspector you come across. Do your homework when choosing a licensed home inspector so you will have a quality home inspection that will reveal potential issues about the home before you buy it. To have a good and […]
When purchasing a home, you will likely encounter the term “home appraisal.” Your real estate agent or lender will require one when you find a property you wish to purchase. But is it necessary? In short, yes. Home appraisals are very important if you want to purchase a home and know that you are paying […]
It’s important for buyers to know what to expect when purchasing a home, as it’s one of the biggest investments they will make in their lives. An inspection will help you, the seller, know what to expect from your home in terms of future repairs, structural issues and improvements that need to be made before […]