As a seller, just because you’re under contract doesn’t mean it’s time to relax. It’s a bit like reaching the summit of a mountain. You’re only halfway to the finish line, which in this case is the closing table. The due diligence period, typically the 15 to 30 days following contract signing, is the first… Read more »
Buying a home will likely be the biggest investment you ever make. So it makes sense to take the time to understand the fine print in the long and confusing real estate contract. A good agent will help guide you through the process, but save yourself time, money and anxiety by knowing these key terms… Read more »
It’s awkward when you’ve signed a contract to buy a house and then discover that you can’t go through with it. Let’s look at the proper steps to cancel so it doesn’t become expensive, too. Canceling during negotiations. If you have extended an offer to a seller by signing a contract, but the seller has… Read more »
Homebuyers must make two large payments when purchasing a house. One is the earnest money paid upon execution of the sales contract. The second is the down payment to the lender at closing. What are the differences between the two? It’s all about commitment. In both cases, these payments represent a commitment to the purchase…. Read more »
