Below are some common real estate contract terms that every home buyer and seller should know. Appraisal: An “opinion” of a home’s market value by a licensed appraiser. BINSR: (Buyer’s Inspection Notice, Seller’s Response.) This is the contract used for the buyer to tell the seller what they are requesting
The following list is to provide you with a brief overview of some of the most requested inspections that are conducted by Buyers. Before you select your inspections, share your thoughts and concerns with your REALTOR®, so that they may provide you with additional considerations and make suggestions based on
Active Active properties with no offers or contingencies. Active Contingent An offer has been accepted but the seller may still be permitting showing appointments and may still accept backup offers. Pending An offer has been accepted and the seller is not allowing showing appointments or backup offers. Pending Short Sale
What Does it Mean to be a Realtor®. REALTORS® aren’t just agents. They’re professional members of the National Association of REALTORS® and subscribe to its strict code of ethics. This is the REALTOR® difference for home buyers: 1. AN EXPERT GUIDE. Buying a home can be a complex process that
Communication in the Real Estate Industry is Key to Success Communication is the key to building trust and rapport with my clients. That is why I always strive to communicate with you in the way that you prefer, whether it is by phone, text, email, or any other channel. You
What is an Encumbrance in Real Estate? An Encumbrance is any claim against an asset by an entity that is not the owner. For example; liens, easements, leases, mortgages, or restrictive covenants. Encumbrances impact the transferability and/or use of subjected properties. Not all of these encumbrances will prevent a property
Are you in the market to purchase a property in Southern Arizona? Of course, there are many things to consider before you even start seriously looking. Do you have financing in place? Many real estate agents will not even consider showing houses unless the potential buyer has a pre-qualification letter
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