What is a lease option?
It is an agreement between a renter and a landlord in which the renter signs a lease with an option ...
What are the benefits of seller financing?
Seller financing is a viable option when the seller does not immediately need the entire cash equity they have accumulated ...
What is seller financing?
Also known as a purchase money mortgage, it is when the seller agrees to "lend" money to the buyer to ...
Median Home Prices Rise in Most Metros, Majority Show Modest Gains
RISMEDIA, Nov. 26, 2007-The vast majority of metropolitan areas showed rising or stable home prices in the third quarter with ...
Any advice on negotiating?
Be patient, know your home's worth, adopt a positive attitude, and do not let emotions---anger, pride, greed, or prejudice---get in ...
What kinds of things are considered material facts?
The following examples include details that would qualify as material facts that must be revealed by sellers about their homes: ...
What about appraised value and market value?
A certified appraiser who is trained to provide the estimated value of a home determines its appraised value. The appraised ...
What is the difference between list price and sales price?
The list price is your advertised price, or asking price, for a home. It is a rough estimate of what ...
Are there standard ways to determine how much a home is worth?
Yes. A comparative market analysis and an appraisal are the two most common and reliable ways to determine a home's ...
How do you determine how much a home is worth?
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of ...
4 Hidden Costs of Homeownership Clients Should Understand
As your client’s guide to the process leading to homeownership, it’s your responsibility to make sure they know what they’re getting into from a financial perspective. Read more.
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