Closing
As suspected, Hurricane Irma delayed a lot of sales, which affected the market statistics for the South Florida Housing Market in October. Here are the market stats for you to look at in more detail: Market Statistics Hurricane Irma hit South Florida in the second week of September 2017. Businesses shut down and real estate stopped….
Part of the reason I love my job, is that I get to tell all these “interesting” stories. I had a seller who was a bit stubborn on her price. The problem was that there was a reverse mortgage on the home. Her father passed a year before and that forced the debt to become…
When you are under contract to buy a home, you have an inspection, where you learn everything good, and bad, about that property. A buyer asked me why we need to do a walk through before we close, when they learned about everything from the inspection? Things happen every day. Roofs leak, AC’s give out,…
Many people use the term OFFER and CONTRACT loosely in real estate, REALTORS® included. When you write an offer on a property, that is where you are putting in writing, your intent to buy the property. As soon as the seller agrees, and all parties have signed, you have a fully executed contract. Yes, that…
I guarantee that every home inspection will show something that could be fixed. Most buyers can handle the minor things, but when the number adds up, many times the buyers and sellers will negotiate something for it. With the larger issues, often times buyers and sellers will negotiate some sort of credit and/or the seller may offer…
Owning a home is a keystone of wealth… both financial affluence and emotional security.