
What Happens After a Home Inspection for Sellers?
After the home inspection, the buyer receives a detailed report of the home’s condition and may request repairs, ask for credits, renegotiate the price, or in some cases, walk away if serious issues are uncovered. For sellers, knowing what comes next can mean the difference between a smooth closing
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Listing Agreement: What Every Seller Needs to Know
A listing agreement is one of the first and most important documents you’ll encounter when selling your home. It’s a legally binding contract between the property owner (seller) and a real estate broker (and their agent) that authorizes them to market and sell your property. For sellers, understandi
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Is It a Buyer’s or Seller’s Market?
The U.S. housing market finally favors homebuyers, but few can afford it It’s a buyer’s market, meaning buyers have the upper hand. Following the pandemic-fueled seller’s market in 2021, sellers now outnumber buyers by over 500,000 due to two years of rising mortgage rates and prices. Affordability
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Inspection for Informational Purposes Only: What It Means For Buyers and Sellers
The clause “inspection for informational purposes only” became popular in the competitive housing market during the pandemic. You may have seen it in an offer, or even used it yourself. While the term sounds simple, buyers and sellers don’t always agree on what it means once the purchase and sale ag
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