Month: June 2014
Are there Benefits to Renting to Own?
Renting to own, also called a lease option or lease purchase, can be perfect for those who want to own their own home, but simply can’t get financing or are unable to come up with a down payment. A portion of the monthly rent is applied against the price of the home. Often, homeowners have covered their down payment within a year of renting the property. In that case, they may be able to go ahead and get permanent financing […]
Tips on Winning a Bidding War
In a perfect world, you’d put a bid out on your dream house, the seller would accept, and everything would be great. Even if you and the seller had to go back and forth a bit, you’d still end up with a great house. But more and more, especially when it’s a seller’s market, people end up in bidding wars with other potential buyers. What can you do if you get caught up fighting for a property? Here are a […]
What is a Contingency Offer?
When shopping for a house, you may come across a few properties that your Realtor tells you have contingency offers on them. What does that mean? Basically, it means that a buyer has made an offer on the property and the seller has accepted it, but before everything is finalized and the sale actually takes place, certain criteria have to be met. Contingencies are generally to allow the prospective purchaser to get their home sold, the buyers mortgage hasn’t officially […]
Why Isn’t My Home Selling?
You’ve found a great realtor. You’ve fixed all those little nagging issues you’ve put off for months. You’ve even done some great lawn maintenance and put on a new coat of paint. But for some reason, your house is still sitting on the market. It’s just not moving. Why? There can be a number of reasons. While the ones listed here may be common issues, they by no means will apply to every seller or every situation. Your realtor can […]