When negotiating a real estate contract, a common phrase you will see is “Right of First Refusal”. What does this mean, though? And when is it applicable? What is a right of first refusal? Typically it’s an agreed-upon clause in a contract, where the seller gives the buyer a certain…
Home shoppers know it. It’s the moment it all comes down to. The offer. It’s when you lay your cards on the table and tell the seller what you want to pay for their home. It’s make or break time, and you can either own a home or miss out. …
A “Pending” designation on a home means that there is an agreement in place to sell the house. There is a buyer, and they have come to a price and contingencies that they both agree on. It’s all set. Or is it? Somee homes still keep the option for a…
In a seller’s market, buying a home is a little different than it used to be. Interest rates are low and the housing inventory is too. You can still find great deals on homes, but it takes some work and preparation. (Plus a great realtor team!) In this market, many…