Tag Archives: Buying
Fewer first-time homebuyers are competing
Source: Housing Wire After a year of extremely tight housing inventory, the housing market is showing signs of finally adding housing stock. The inventory of unsold homes rose by 7.3% to 1.32 million from June to July, according to data from...
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Bidding wars off the charts
Source: CNBC Buyers are increasingly facing fierce bidding wars in their hunt for a home. Even as home prices surge and competition remain tight, house hunters are undeterred. About 40% of potential buyers who’ve been searching for a...
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Being disappointed after visiting a for sale home.
Buyers should know that pictures can be deceiving. What they see on the MLS or in any website advertising homes for sale, are not always what the actual homes look like. More likely the pictures have been enhanced to get the attention of...
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What’s the name of the legal document used to transfer ownership...
Bill of Sale Contract Trust Deed Affidavit The answer is: Deed A property deed is a written and signed legal instrument that is used to transfer ownership of real property from the old owner (the grantor) to the new owner (the...
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Buyers are waiving contingencies to sweeten the deal
Source: Redfin The pandemic and high unemployment rate haven't slowed the housing market. With home buyers facing heightened competition this summer for a limited number of homes for sale, some have decided to try to gain an edge by waiving...
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