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What Does Paying Cash Mean in Property Sales?
When you are selling a house and a buyer offers you cash there are some substantial benefits. The most significant advantage is the fact you won't have to worry about the buyer's finances. It is not out of the question that a buyer will be approved for a mortgage. There are times when a buyer is denied financing.
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Increase Your Chances of Landing a Home With an Appraisal Gap Guarantee
When real estate markets heavily favor sellers like the do now, buyers need to look for any edge they can get. One way to do that is to offer the seller an appraisal gap guarantee. If the house does not appraise, the appraisal gap guarantee says that the buyer will make up the difference in the appraisal gap.
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Home that sold for $805K comes with stranger living in basement
A home in Fairfax, Virginia, sold this month above the asking price even though it comes with an unusual feature ... a stranger living in the basement. The five-bedroom, four-bathroom house sold for $805,000 to an unnamed buyer on April 15, public records show. Listing agent Zinta K. Rodgers-Rickert, of RE/MAX Gateway, said the home received five cash offers and closed less than a week after it was listed.
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What to do to Land Your Dream Home
Finding a home nowadays is not easy. There is a shortage of housing all across the United States. Most people understand that supply and demand drive the price of most goods and that is certainly the case when it comes to real estate sales.
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Common Obstacles in Selling a House
Selling a home is sometimes a challenging event. Right now it is fairly easy given how hot markets are across the country but that is not always the case. When there is a more balanced market getting your house sold in a timely fashion usually takes some work.
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Are Condos and Townhouses Different From One Another
A common question among first-time homebuyers is whether there is are any differences between purchasing a condo vs. a townhouse. The answer is a definite YES!
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How Does a Special Assessment Work When Buying a Condo
When buying a condo, townhouse, or even a home in which there is an association present you need to realize there can be common expenses that all the owners will need to contribute towards.
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Real Estate Listing Statuses That Confuse Buyers and Sellers
In real estate, there are certain statuses that confuse the public when it comes to buying and selling a home. In the multiple listing service that real estate agents use, there is a requirement to keep property status updated correctly.
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KeLive- Customizable Building Management Software | Real Estate | Digital Transformation
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Real estate has gone meta
The metaverse is getting hotter. Not hot, like a delicious meal or a Finnish sauna. This mostly fictional, virtual world is getting hot like a real estate market. Because lately, it is one.
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Who Should You Let Know You Are Moving
One of the most vital tasks when moving is making out an address change. When changing your address there will be numerous parties that should be notified. It is not a pleasant experience when there is vital mail you should be receiving and it is nowhere to be found.
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The Process of Finding Out Who Owns a Home
There may come a time in your life when you want to know who owns a particular property. Maybe you are searching for a new place to purchase and don't like any of the current homes for sale? Sometimes those who are hungry for finding something to purchase will think outside the box and seek out off-market properties.
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13 of the Best Real Estate and REIT ETFs
The best REIT ETFs make it easy for you to invest in real estate. Here are our top picks and funds for passive investing.
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How Often Do Contingent Offers on a House Fall Through
Have you ever wondered home many "contingent offers" fall through and never make it to the closing? Well, you may be surprised to know that a decent percentage do. Let's take a look at what you need to know.
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What Does Functional Obsolescence Mean in Real Estate
When buying a home it is important to make the right choice. People make bad mistakes when it comes to purchasing homes all the time. It could be a significant flaw with the home itself or something in the general area that makes the buying decision a poor one. As a buyer you'll want to avoid doing that if you can!
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Researching The History of a Property and Its Surroundings is Vital
When you are going to be purchasing a home one of the most vital things you can do is due diligence. Real Estate due diligence includes quite a few things besides just the house itself. How is the neighborhood? Are there any boundary violations? Is there anything in the area that could negatively impact the home's value? How are the local schools? These are just a few of the essential considerations.
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What is An Encroachment on a Home
Have you heard the term "encroachment" and wondered what it meant as it pertains to real estate. Sometimes it is discovered that a neighbor has constructed something that crosses the property lines into an adjoining property. This is what's referred to as an encroachment.
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What Storage Method is Best When Moving
Are you going to be moving soon? If you are selling your home, you may discover that in order to make your property look its best you'll need temporary storage. Fortunately, there are a few storage options worth your consideration. Let's take a look at what might work best.
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Get Your Home Ready to Sell With Junk Hauling
Ask any real estate agent and they will tell you the importance of having a presentable home. There are very few things that are more essential in home sales than a good first impression. Having a bunch of junk thrown around the inside and outside of your home will not do you any favors.
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Artificial intelligence is taking over real estate – here's what that means for homebuyers
Brick-and-mortar real estate may seem like the only tangible thing left in an increasingly virtual world, but it too is being taken over by artificial intelligence. Some of the biggest names in the business, such as Compass, Zillow and LoanSnap, are now employing AI to help find buyers the perfect mortgage and the perfect home. And for real estate agents, it may already be a game-changer.
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