What exactly is escrow? Simple put is when one party delivers to another party an “instrument” of some kind ,when the particular conditions are met. It’s the holding pattern prior to a “deal” being completed.
This a very important part of buying real estate, in that the escrow company will safeguard the funds until every part of the contract is fulfilled. The contract being the purchase agreement that was initiated between the principles of the escrow. Then and only then does the escrow company distribute the funds according to the contract instructions.
There are many benefits to home ownership. The big one that everyone wants to take advantage of comes at tax time. There are many other benefits as well, including freedom to do what you like as far as decorating and vacuuming in the middle of the night. No longer will you have to put up with the noisy people that live above you. However, prior to purchasing a home, there are some things you might want to consider.
Read more at: http://www.realestateabc.com/homeguide/home-ownership-benefit.htm
Buying a Bank Owned property is not always the “steal” that everyone thinks it is. The bank rarely will do any repairs and will always put the words “as is” in their contract. Most of the responsibility for the property, (sometimes including back taxes, water bills, and now possibly past utility bills) falls on the purchaser.
To read more about purchasing REO properties, go to: http://www.realestateabc.com/homeguide/reo.htm
The reasons why your house didn’t sell! Price is the number one reason, followed by condition, location, listing agent, and marketing plan.
For more detail: http://www.realestateabc.com/homeguide/reasons1.htm
Determining a price for your home takes into account many factors. Some of them we can control ex. #of bedrooms and bathrooms, square footage, acreage, basement or crawl, etc…, and some of them we cannot control like market conditions. After taking into account all of the factors that can determine price, it is ultimately the homeowners decision. A Realtor will help the home owner sift through all of the information needed to determine a price using a Comparative Market Analysis. The ultimate goal is to get your home on the market at the best price and get it sold.
The MLS is the key to selling your home. If you truly want to sell your home, you need to make sure that everybody knows that it’s for sale. The MLS also comes into play when you do get an offer.....
Read more at: http://www.realestateabc.com/homeguide/mlstip.htm