If you’ve read up on our basics to the home inspections, part 1 now it’s time to talk through the specifics of what happens during and after the home inspection. In most markets, property inspections allow for the beginning of a new “negotiation period,” that revolves around repairs. It’s important to have fair expectations going into the…
A common part of a real estate transaction is for a purchaser to hire a professional to conduct a home inspection. Most all contracts are made contingent upon an inspection period to allow for the buyers to do their due diligence to inspect all aspects of the property. There’s a lot to be said about…
In some real estate markets, it’s not uncommon for the sellers of a home to receive multiple offers. Or even in some slower markets, a home’s price or condition may be so exceptional that there are several purchasers clamoring for the chance to own the property. When this scenario presents itself, a different strategy may…
Did you know that your mortgage payment can change each year? Although your principal and interest (on a fixed rate mortgage) are locked in, your actual mortgage payment can possibly fluctuate up or down based on two variables; taxes and insurance. Each year your tax assessment is likely to adjust to the market, but it’s…