July 25th, 2022 at 11:00 am
Real estate transactions, in some ways, can make you feel like a big Hollywood star. There are people taking pictures of your house. You may have staging that you need to do. People ask you about how you live and what your area is like. Yes, the best agents know how to give their clients the celebrity treatment.
But when it comes to choosing agents and understanding their different roles and responsibilities, what’s the difference between a listing agent and a selling agent?
Simply put, a listing agent (also called a sellers agent) helps clients put their properties on the market to be bought by a potential buyer. Selling agents (also called buyers agent), help clients who are looking to purchase a home. However, there’s a lot more to what each real estate agent does than just that.
To clear things up, let’s take a look at listing agent vs. selling agent.(more…)
July 11th, 2022 at 11:00 am
Buying a house is a major purchase. In fact, for most people, it will be either the largest or one of the largest purchases of their lives. It can be easy to become fixated on that big number that you’ll be paying down for many years to come. However, even that big number doesn’t tell the whole story.
For one thing, it doesn’t include the seller closing costs and buyer closing costs.
Closing costs in real estate can be a confusing topic because many different fees can be considered home sale closing costs. To demystify seller closing costs and buyer closing costs, let’s go over some of the fees you can expect to pay and touch on how much money you should be ready to spend on closing costs.(more…)
July 6th, 2022 at 11:00 am
There are many stages to buying or selling a home. For sellers, the process begins when you first decide to sell and start readying your home for inspections, appraisals, and viewings. For buyers, it begins when you start looking at listings, considering your funding options, and visiting potential properties.(more…)
July 4th, 2022 at 11:00 am
Acceleration is a word we generally associate with speed. You hit the accelerator of your car and take off, adrenaline flowing, heart pumping, as you start flying down the open road.
An acceleration clause in real estate may also get your adrenaline flowing and heart pumping, but for different reasons.
So what is this acceleration clause real estate? At its most basic level, it’s a part of your mortgage that allows your lender to call in the entirety of the loan. Unlike amortization in real estate, that means you have to pay everything now. Thankfully, there’s a bit more complexity and lenders can’t just trigger an acceleration clause on a whim. Let’s look at some of the details of how mortgage acceleration clauses in real estate work.(more…)
May 9th, 2022 at 11:00 am
Apartment hunting can seem like a full-time job. You scan the online listing services between work meetings, show up to every open house, and follow up with brokers. Yes, you’re well on your way to finding your perfect apartment—but how can you be sure you’ll be approved once you find it?
Getting approved for an apartment in California can require some strategic effort and organization, especially since experts are foreseeing even more competition in the rental market going forward.(more…)