Image by Sephelonor from Pixabay Buying a home is a complicated transaction with many expenses. Part of the transaction involves closing costs, which vary in amount depending on the situation. One way to reduce the closing costs for the buyer is to ask for a seller concession so that the seller pays a portion of the closing costs...

Photo by Edar via Pixabay You’ve been considering an investment in real estate but are you really ready? Putting your money into something you haven’t done your homework on could be detrimental. You may even have all the tools, but are still straddling the fence. How will you know it’s time? Here are a few signs that indicate...

Having to buy or sell a house is a tiring and stressful process that takes weeks, months and sometimes years to finalize. If you have been in the position of buying or selling a property before, you might have had an experience with terrible real estate agents. Sometimes, your instincts pick up these signs, but because you are...

When you read the newspaper or listen to the news, it is likely that you come across economic indicators of your local real estate market even when you don’t know that they are. Most people do not pay attention to these indicators because they do not affect them directly. However, it is essential that you have a clear...

Every industry has its specific vocabulary. Real estate is no exception. If you are new to the home-buying market, you may find yourself stumped by the abbreviations, lingo, acronyms, and unfamiliar jargon commonly used in real estate sales materials, online listings, contracts, and the like. Do not be confused. Learn the terms so you can read that paperwork...

If you are planning to buy or sell a home soon, it is essential you know whether it is a buyer’s or seller’s market. But how do you determine that? Buyer’s Market A buyer’s market is a situation where the supply of houses is higher than its demand, giving buyers an edge over the sellers in price negotiation....