You might not notice certain discrepancies in real estate listings when you are excitedly looking for your first house with your spouse. The happy haze of imagining your new residence with your betrothed may overshadow significant issues. If a deal seems too good to...
Whether purchasing a first home or investing in a vacation or rental property, for many buyers the most intimidating part of a real estate search is determining whether a house is worth the asking price. From hidden structural or home-system issues to legal disputes...
When buyers purchase a house, they assume the seller has the right to sign over the property. Unfortunately, there is always a chance that the sellers do not own the house free and clear. As a result, buyers may find themselves out of a home. Title insurance assists...
When homeowners are behind on mortgage payments, they may find themselves owing more than the property is worth. Often this leads to foreclosure. However, in cases of severe financial hardship, a lender may grant the owner relief by allowing him or her to sell the...
In the state of Connecticut, contractors or service providers who are not paid for their work can put a mechanic’s lien on a property. Those who contribute to the improvement of a property, such as suppliers furnishing material or laborers doing the work, have an...
A homebuyer usually provides a seller with earnest money, also called a good faith deposit, when making an offer on real estate. The funds let the seller know the buyer is serious about the property. A substantial deposit is essential in a hot market when the seller...
Getting through the home inspection process can prove rather tricky for real estate professionals. Whether you have gone through the motions hundreds of times or are relatively new to the industry, inspections can throw anyone for a loop. Here are a few tips to help...
Home sellers must concern themselves not only with how the physical state of a property affects its value but also the perception of the real estate to ensure a fair and profitable selling price. Slander of title can negatively impact a property's value, so sellers do...
As a real estate agent, you understand the excitement and anxiety your clients feel when they purchase a home. Due to the cost of these investments, homebuyers might not see the value of purchasing title insurance. Your job is to explain that this tool is one of the...
Any homeowner can experience a flood, but for those who live in the highest risk areas, the price of flood insurance can have a major impact on their budgets. The Federal Emergency Management Agency is introducing a new flood insurance premium assessment system that...