Posts from April 2022

Buying and Selling a Home at the Same Time

Buying and selling a home at the same time can be a complicated process, to say the least. It's best described as a delicate juggling act, where the best possible outcome is highly contingent on timing. In an ideal world, you could sell your home, release your built-up equity, and find a new home all within a period of a few weeks. Unfortunately, these steps rarely fall in the right order.

That doesn't mean that all hope is lost or that buying and selling a home simultaneously is impossible to pull off. However, it's still a good idea to be aware of some of the less ideal scenarios that can arise from the process.

Issues With Funding
If you don't have a significant amount of cash saved up, the purchase of a new home might depend on your ability to use the equity tied up in your existing property as a down paym...

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The Truth About Selling a Home As Is

Selling a home "as is" is often viewed as a convenient option for homeowners who are looking to move on from a particular property. In some cases, the seller wants to transact quickly or may not have the financial resources available to make the repairs. 

Selling a home as is means the property will be sold in its current state — no matter how good or bad the condition may be. In other words, the transaction takes place with the understanding that the seller won't be on the hook for any repairs. 

Many believe selling a home "as is" is the easiest way to move on from a property, but that's usually not the case. 

Common Misconceptions About Selling A Property "As Is"

Selling a property as is does not mean the homeowner is excused from having to reveal facts about the property, disclose potential pr...

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Agent, Broker, Realtor: Do You Know The Difference?

If you're a first-time homebuyer or relatively new to real estate, understanding all the different service providers related to a transaction can be confusing. Consumers often ask about the differences between a real estate agent, a realtor, and a broker. While they all play a similar role, it can be helpful to know the differences, especially when seeking a professional to represent you during the home buying process. Below, we'll clear up any confusion about these similar but distinct roles and discuss how each can help you on your journey to becoming a new homeowner.

What Is A Real Estate Agent?
A real estate agent is a licensed professional who helps to support consumers and businesses through real estate transactions. The qualifications to become a real estate agent vary from state to state. However, g...

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Selling Your Home? Here Are Questions You Should Ask Your Agent

If you're planning to sell your home, the quality and experience of your real estate agent can have a big impact on your return. Real estate agents can vary in terms of experience, responsiveness, and negotiation skills. Finding one that can work for you can require a bit of research on the front end, but it's well worth the effort.

If you're trying to determine if an agent is a good fit, an initial interview or introductory conversation can go a long way. Not sure what to ask? Here are some important questions that you'll want to cover:

• How Do You Calculate Listing Prices?
  Your agent is incentivized to get you the best possible return on your home sale. While you don't want to leave money on the table, there can also be consequences to pricing too high. An overpriced home can turn...

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