What Will 2012 Bring To The Housing Market?

What Will 2012 Bring To The Housing Market? After being immersed in the housing market and seeing the trends as of late, we would like to share some thoughts for the New Year’s housing market. With a slowly strengthening economy and home-saving refinances, fewer borrowers will fall behind on their monthly payments.  The number of […]

Are you looking at buying a house that is being sold “As-Is”?

Are you looking at buying a house that is being sold “As-Is”?  Selling a home “as-is” a strategy that is beneficial to sellers and can either be a good deal or a nightmare for buyers.  When buying a house as-is, the seller is release from all minor and major problems whether they are disclosed or […]

Who Pays for What in the Real Estate Transaction?

Who Pays for What in the Real Estate Transaction? The Seller Generally Pays for: Real Estate Commission Escrow Fees (50%) Document Preparation Fee Documentary Transfer Tax ($1.10 per $1000 of Sale) Any Loan Fees Required by Buyer’s Lender (Government Loans) Payoff of All Loans in Seller’s Name Interest Accrued to Lender Being Paid Off Termite […]

What to know before putting an offer in on your house:

Before putting an offer on your next house, the following are a few good things to keep in mind:   Find out what the property is worth in this market.  You can ask for comparable sales, or “comps, that are in the same area.  These are prices of nearby homes that have been sold recently […]