Who Pays the Closing Costs?
Closing costs are fees paid to third parties to finalize a home purchase, explains Fool.com, by both the buyer and the seller. Costs can vary widely depending on state requirements, the…
Selling an Out-of-state Home
Whether you’re selling an inherited property, a second home, or your own home after moving out of state, handling a long-distance property transaction can be challenging. But with good professional…
How to Avoid Homebuyer’s Remorse
A recent survey of homebuyers who purchased a home in 2021 and 2022 found that 72% had buyer’s remorse. Thirty-one percent paid over asking price, a median of $65,000; 36% made offers…
Can the Seller Break a Purchase Contract?
It’s a common scenario in a hot market – the buyer has their next home within their grasp, but then the seller backs out of the contract. How can this…
Home Inspections for Co-ops or Condos
Do you need a home inspection when you buy a condominium or a co-op? According to BrickUnderground.com, home inspections are common for single-family homes, but they’re also increasingly being requested by…
Pending or Contingent?
Each home listing has a status that’s updated by information that the listing agent feeds into the multiple listing service (MLS). A home listed contingent or pending are under contract, but there’s still a…
About Earnest Money Deposits
When a buyer and seller agree on a purchase price and terms, the buyer shows the seller a sign of good faith in the form of earnest money. This money,…
The Most Critical Period for New Listings
Your home’s marketing begins when your Berkshire Hathaway HomeServices network professional submits your listing to the local multiple listing service, or MLS. Brokers share their listings with other brokers in…