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Several decades ago, all the terms and conditions of a residential purchase agreement could fit easily onto one piece of paper. Now we're drowning in paperwork. Unfortunately, this excessive proliferation of paper has led many buyers to pay little attention to it. It's...
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There are a lot of reasons to buy real estate. You can buy with a minimal cash investment. Real estate tends to appreciate in value over time. If you occupy the property, the federal government subsidizes your housing expense with tax write-offs for mortgage interest and...
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The first half of the year was record-breaking for home sales. But, the National Association of Realtors is predicting that the pace of home sales will ease some in the coming months. If so, buyers could find less competition from other buyers than they did earlier this year....
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Recently a couple that owned a home in Berkeley, Calif., decided to move to neighboring Piedmont. They started their search by visiting Sunday open houses. It was quite apparent to them which listings had been prepared for sale and which ones had not. They were invariably...
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Real estate agents almost always advise sellers to leave when their home is shown to prospective buyers. Buyers are also advised to conceal their excitement about the listing if they do happen to run into the sellers.
Why are real estate agents so nervous about chance...
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For many sellers, the sale price is all that matters when it comes time to review an offer. But there is more to an offer than the price. A residential purchase agreement—the technical name for an offer—is a legally binding contract and it encompasses all the terms and...
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