Things To Consider When Buying A Home With A Well Well inspections are critical when buying a home with a well as the primary water source. Buyers considering homes in rural settings often encounter houses for sale that get their water from wells. With homes drawing on municipal sources, there is an assumption that the water in the house will be readily available and meet the safety standards of the municipality. But with private water, you cannot make any assumptions about its purity. Beyond...| Maximum Real Estate Exposure
Many things happen when you buy a new home, and sometimes things don't go your way. When purchasing with a mortgage, one issue you can have is an appraisal gap. If there is an appraisal gap, you could lose your dream home. We will examine what happens when the real estate appraisal is lower than the purchase price and what you can do about it. From three decades of experience selling homes, I have dealt with appraisal deficiencies several times. What is an Appraisal Gap? The simple explanatio...| Maximum Real Estate Exposure
Bidding wars on houses are all too common these days. How do you win when there are multiple offers on the home you love? Winning a bidding war on a home isn't always easy. You may find that out quickly if you plan to buy a home. When making a home purchase now, whether a new home or a resale, the chances are high that there will be competing offers on the property you love. High demand coupled with low inventory has created bidding wars in many markets. If you are trying to buy, especially i...| Maximum Real Estate Exposure
What Buyers and Sellers Need to Understand About a Home Inspection Are you going to be getting a home inspection? Inspections for homes are a vital part of the real estate transaction process, so it makes sense to learn as much as you can about them. The more you know about what they entail and how they affect you as a buyer or seller, the more confident you will be moving forward with your transaction. If you're buying or selling a home, you should be well informed on the ins and outs of a h...| Maximum Real Estate Exposure
Have you heard your mortgage lender or real estate agent mention title searches and wondered what they were referring to? Property searches are done on nearly every real estate transaction. Understanding a title search is crucial when purchasing a house or other real estate. Property title searches examine public records to confirm a property's legal owner and verify whether there are any liens or claims that could impact a buyer's ability to purchase. Buying a home can be an exciting experie...| Maximum Real Estate Exposure
Understanding Title Insurance in Real Estate Would you like to know what title insurance is and how it works? You're probably interested in learning the cost of title insurance and whether it is worth having. Homebuyers often ask real estate agents or mortgage lenders about title insurance and why they always need it. By the time you're done reading, you'll have a comprehensive understanding of this insurance and why it makes so much sense to have it. You will also learn precisely how title i...| Maximum Real Estate Exposure
Many consumers ask what a real estate attorney does. Do I need one in my real estate transaction? Speaking from thirty-eight years of experience as a real estate agent, I can talk about the importance of having a lawyer in your corner. Buying a home isn't the same as many other purchases you might make. Ownership is legally changed from the seller to the buyer, and documentation and contracts are involved. Because buying a house is more complicated, using an attorney for real estate purchases...| Maximum Real Estate Exposure