News
HOA VIOLATION
HOA violations, HOA stands for a homeowner’s association. If you’re gonna buy a home that has an HOA, you wanna verify at least a couple of things. Number one, you wanna verify that the monthly payment is what was said, and number two, you wanna make sure that there’s no HOA liens or violations against …
The Deposit
What is the earnest money you deposit? Well, the earnest money you deposit is the amount of money that’s tendered at the beginning of a transaction to show that you’re committed to that particular transaction in residential real estate. It’s usually between one and 3%. And of course it could be more. But for the …
Sell your Home before you buy the next one?
Should you sell your home before you buy the next one? It depends on your situation. I’ve had clients that have bought their next home and then take the old home and put it on the market. I have other clients that wanna use the equity in the existing home to put down on the …
Final Walkthrough
Should you do a final walkthrough? Absolutely. 100% of the time. The only time that it’s even remotely in questioned in my opinion, is when I have a client that’s maybe out of the country. But even when that happens, then I go take a look at it. The reason why you do a final …
Three Things
Three things to think about when selling your home. #1 – Real estate is hyper-local. You want to know what’s going on in your neighborhood. It’s not so much about what’s going on in the state or two cities over. You need to know what’s going on in your community and your subdivision. Again, real …
What’s the First Step
https://vimeo.com/753613353 What’s the first step you should take when buying a home, I believe you should talk to real estate agent. First. The reason is that real estate agent probably knows 2, 3, 4, or more, really good solid lenders that can help get you into that house and get that transaction closed. You can …
Rate Hike
So you start with just happen. Interest rates just went up another half a percent. It is what it is. This is the new norm. It’s probably going to go up just a little bit more. If you’re waiting on two, three, 4% to buy a home, I don’t see that happening anytime soon, let’s just get used to it P.S. …
Waive the Home Inspection?
This is a market where we see multiple people, waiving contingencies. It could be the home inspection contingency. It could be the prison contingency or even the loan contingency, just because you waive a home inspection doesn’t mean that you shouldn’t do it. It just means the home or the cell. I’m sorry. Isn’t contingent upon you having a …
C.L.U.E. Report
https://vimeo.com/706313311 Do you know what a clue report is? C.L.U.E. stands for comprehensive loss, underwriting, the exchange. It doesn’t come from a year real estate company. It doesn’t come from escrow. It does not come from your mortgage company. It comes from your insurance carrier, the person who’s going to handle your homeowners insurance. When you buy a home, the mortgage …