When you submit an offer on a home, your agent may recommend making an earnest money deposit. It is a very common thing to do when you find the perfect property and do not want to lose it. If you’re nervous or looking for more information on earnest money deposits, we’re here to help. This …
Once a home is secured for purchase, the lender requires title insurance, which must be secured before the transaction closes. When selecting a title insurance company, you will be given the option of which coverages to choose. A closing protection letter is one of these, which a title insurance company will provide to the lender, …
What is a Closing Protection Letter & What Does It Do? Read More »
As an agent, you’re going to run into buyers and sellers stuck on the idea that all real estate agents are the same. To them, it really might not make a difference who they go with. They already have numerous agents hounding them for the business, and they don’t care who helps them. But …
Agents – Ways You Can Stand Out to Perspective Clients Read More »
When you’re looking for real estate leads, whether for buyers or sellers, it’s essential to get creative. Sure, you can stick to the standards, but you may spend more time waiting than conducting business. You already know the importance of capturing an audience, but everyone needs a little inspiration from time to time — especially …
The most common question we hear from home buyers outside of “Where are you located?” is regarding title insurance costs. You may have heard title insurance costs roughly around $1,000 per policy. This is true, but you likely want a more accurate number before you begin to approach the closing table so you are not …
How Much Title Insurance Costs & How to Calculate It Read More »
As you’re closing on a home, helping a client, or brokering a deal; you’ll come across a document called the closing disclosure (or CD). A closing disclosure can become very frustrating and cause anxiety when you first read it. Why? Because you’re told to act immediately upon receiving it, and let’s face it, if you’re …
Closing Disclosure Timelines & The Three Day Rule Read More »
Your offer got accepted, and then they drop the news on you. There’s an easement on the property. At first, it may seem like an intrusion, but ultimately, it’s not all that bad. You may hardly notice anything at all. A property easement is a nonpossessory right to use or enter a piece of property …
What a Property Easement Is And How it Impacts a Property Read More »
If you’re buying a home or you’re a new real estate agent, your about to get presented with a plat map and likely a plot map too. Don’t let these make you nervous. Your agent or title company will be happy to walk you through them and why they matter, and we’re here to help …
If you’re on this page, you’re currently trying to determine a fair selling price for a home on the market and heard about comparative market analysis. Don’t let the term scare you. It’s quite simple. A comparative market analysis, or CMA, is a tool used to estimate a home’s value based on the selling price …
Comparative Market Analysis: What it is & How to Use It Read More »
As you’ve been on the hunt for great deals on houses, you’ve likely heard of short sales, pre-foreclosures, and foreclosures. But what are they? And how can they benefit you? These types of purchases can be great opportunities for you as a real estate investor or as an agent that is looking to build an …
The Difference Between a Short Sale, Pre-Foreclosure, and Foreclosure Read More »
