Living in a condo or a home within a planned community is an attractive option for new homebuyers. They’re affordable, and offer all sorts of amenities to owners, including security gates and guards, swimming pools, and fitness rooms, among others.
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If your home has a specific problem that could affect the enjoyment of the new homeowner or even lower the property’s value, you’ll need to disclose it. If you fail to do this and a major problem arises as a result of that particular issue after the buyer purchases and moves into the home, you could find yourself in legal hot water.
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They’re the infamous words buyers and sellers will hear at auctions. These platforms have long been used to buy and sell a host of different goods, including real estate. Buyers are hoping to snag a good deal, while sellers are looking to get their properties off their hands in a short amount of time.
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There are plenty of sizzling hot real estate markets in California. Some are so hot that homeowners could make an absolute killing should they ever choose to sell any time soon.
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Single women are claiming the coveted title of homeowner in higher numbers compared to their single male counterparts, according to the National Association of Realtors (NAR).
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Every home purchase transaction should be initiated with an earnest deposit to the seller. In fact, it’s rare for sellers to accept offers without a deposit. This monetary offering essentially tells the sellers that buyers are serious about purchasing the home, and shows their willingness to meet all of the clauses detailed in the contract.
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If you’ve got a certain amount of equity built up in your home and want to tap into it, you’d have to either take out a second mortgage, a home equity line of credit (HELOC), or sell your home.
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It would be nice to be able to trust your contractor’s word when you’re having work done on your home, but a written contract really is the only way to go. Having everything in writing can ensure that every party involved fully and clearly understands what is expected of them. It keeps the job running smoothly and ensures that everyone agrees on what should be done and when.
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Everyone loves a well-manicured lawn and lush landscaping. It commands pride in ownership, boost the esthetics of a home, and even adds a certain amount of value to a property. But did you know that lurking within your prized yard may be plants that could be potentially hazardous to you, your family, and your pets?
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The prospect of having a brand new interior is exciting. The things about your home that have been irking you can finally be changed and updated. With a little planning and budgeting, your dream home isn’t too far off.
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