The home seller wants out; the buyer says, “NO!”
March 9, 2020
The seller now wants to back out of the contract. Can they force us to release them from the contract?
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The seller now wants to back out of the contract. Can they force us to release them from the contract?
Continue readingReader Question: We are starting to explore buying our first home. We have attended several open houses and spoken to several real estate agents. One of the questions we have asked is who pays the real estate commission. It is…
Continue readingThe seller canceled escrow when the house appraised low. Am I stuck with the appraisal fees? You are responsible for the appraisal cost. Try to look past this bump in the road. Appraisals disrupting sales are frequent.
Continue readingFamilies are the main sources of oral real estate transactions. Mom stiffs son-in-law is not uncommon. Brothers, sisters, cousins, grandpa; no one is immune. The advice to “get it in writing” is as or more important in families.
Continue readingBuying a condominium unit is different than buying a single family home. It is a complicated process in comparison.
Continue readingReader Question: What are the pros and cons of owning a second home? My wife and I have the opportunity to purchase a second home. I’ve spoken with the homeowner, who is a friend of mine. He stated that…
Continue readingReader Question: We bought our current home a year ago. We realize houses and their systems are always wearing out, but in this house, it feels like the repairs and replacements are inordinate. The latest example is electrical. The electrical…
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