Key TakeawaysIn a low-inventory market, the agents who find listings fastest are the ones who prospect hardest during slow seasons…
Key TakeawaysA PUD (Planned Unit Development) is a mixed-use or single-family development with its own set of rules, shared amenities,…
Key TakeawaysDual agency (representing both buyer and seller in the same transaction) creates a structural conflict of interest — the…
Key TakeawaysA real estate agent is licensed to assist buyers and sellers with real estate transactions; a Realtor is a…
Key TakeawaysAn escalation clause automatically increases your offer above a competing offer by a set increment, up to a maximum…
Key TakeawaysTenancy by the entirety is a form of joint ownership available only to legally married couples — it includes…
Key Takeaways'Clear to close' (CTC) is a lender's confirmation that all underwriting conditions have been met and the loan is…
Key TakeawaysTitle vesting determines how you own a property — sole ownership, joint tenancy, tenancy in common, community property, or…
Key TakeawaysThe foreclosure home buying process: find properties (courthouse steps, bank REO listings, HUD Home Store), conduct title and lien…
Key TakeawaysAn earnest money deposit (EMD) is a good-faith payment made by the buyer when submitting an offer — typically…