Tag: Home Buying

Posted on 06/12/2022
Home Inspection Contingency 101
In real estate, a contingency is any clause in the purchase offer that gives the buyer a way to back out if certain requirements aren’t met. There are many types of contingencies used in home sales all covering different circumstances to protect the buyer’s best interest. The most common type of contingency is a home inspection contingency, which...
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Posted on 04/10/2022
Advantages & Disadvantages of Rent-to-Own Agreements
One of the many options new homebuyers may encounter in their search is a rent-to-own agreement. These agreements allow the prospective buyer to rent a property with the option to buy it down the road. There are many types of rent-to-own agreements, each with their own rules and exceptions. Here is a breakdown of the major advantages and...
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Posted on 11/28/2021
What Are Closing Costs for Buyers?
In a home sale, both the buyer and the seller have to pay what are called closing costs. These final expenses include an entire list of taxes, fees and other miscellaneous costs. While sellers usually pay some of the closing costs, buyers still need to prepare for their share of the bill. Here we’ll go over what the...
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