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Reader Question: Just put an offer on a house, and we are under contract. The listing agent and seller are great friends, live on the same street, and have known each other for many years. They are friends with a…
Continue readingWhen buying a home it is important to verify lot lines. Avoid angst in the future when you build a fence on your neighbors property.
Continue readingOur reader this week asks about a deadline for receiving an answer to an offer to purchase a home. It is a simple question but leads to the realization that potentially there are many deadlines to follow. This instant is where planning is required up-front to avoid a stressful and frustration filled experience. The expression “the devil’s in the details” may have originated in a real estate transaction.
Continue readingA brief overview of the issues involved in rising home prices in new developments. Is America pricing the middle class out of home ownership? Zoning is a fractured and complicated issue.
Continue readingOur reader wants to know if he can use a quitclaim deed to buy property from a sibling. He can likely do so, but needs to educate himself about the cons of doing so.
Continue readingHome sellers and buyers need to be cautious using online home valuations websites that do not disclose accurate PSF costs. In real estate, cost sets the upper limit of value and understanding why is important.
Continue readingOur reader this week views appraisals as obsolete. While there is some credence to his opinion, the better mousetrap remains elusive particularly, when the experts are expecting to conquer the challenge without even inspecting the property. I, for one, believe a set of knowledgeable eyeballs physically observing the property will be challenging to eliminate. Online estimates are a prime example.
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