Within a competitive seller’s market, a very common tactic to help win a bidding war - when multiple offers are made on one property - is implementing an escalation clause. What exactly is an escalation clause? Sometimes called an “escalator,” an escalation clause is when a ... » Learn More about Escalation Clause what is it?
Buying a home 2018
June Existing-Home Sales Surge
U.S. home sales rose a record amount month-to-month in June, NAR says - but one of the reasons is due to the fact May sales fell dramatically in the early days of the pandemic. Existing-home sales rebounded at a record pace in June, in accordance with the National Association of Realtors® (NAR) ... » Learn More about June Existing-Home Sales Surge
Buyers Most significant Hurdle in June?
Today’s buyers have 27.4% fewer homes to select from than they did 12 months ago, though in Fla. it varies from 31.4% near Tampa to 9.4% in South Florida. Buyer requirements have risen as a result of record-low mortgage rates and frustration after spending time quarantined in less-than-ideal ... » Learn More about Buyers Most significant Hurdle in June?
Quarantine Revelations 2020
One thing we’ve learned from the 2020 Quarantine is that there are certain aspects of our houses that we love, and some that we downright loathe. After spending quality – and quantity – time indoors, folks planning to move in upcoming months will inevitably have an improvised list of must-haves for ... » Learn More about Quarantine Revelations 2020
Mold Inspection When I’m Buying A House?
Mold is a serious concern for buyers. You don't want to have mold growth in your purchased home. The expansion of these colonies in your living quarters may cause serious health problems. Mold issues generally reduce a property's value, warns Markham Services. Most buyers ignore homes that have ... » Learn More about Mold Inspection When I’m Buying A House?