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FRIDAY, JUNE 6, 2008
By CELIA SIMMONS

There are some common house repair problems that everyone should be aware of when buying a house. That's why having an inspection done is so important. An inspection should be done whether the house is new or pre-owned.

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MONDAY, JUNE 2, 2008
By CELIA SIMMONS

CMA is the comparative market analysis. It is an approximation of what the house and property is worth. With a CMA comparison, homes are being compared with similar homes in the neighborhoods based on their sizes, features, and locations to determine the value of the property.

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MONDAY, MAY 12, 2008
By CELIA SIMMONS

Buying a home is a huge decision and one of the biggest financial investment anyone could make. Home ownership is a good investment because real estate is secure and stable but property is very scarce.

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WEDNESDAY, MAY 7, 2008
By CELIA SIMMONS

Finding the perfect neighborhood is what every buyer hopes to accomplish. The perfect neighborhood is different for everyone because everyone has a different preference as to what they want in a neighborhood.

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SATURDAY, MAY 3, 2008
By ROXANNA MOREY

Contingencies are the conditions that must be met before the transaction can be completed. The two most common are inspection and financing contingencies. Here is a description of both.

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MONDAY, APRIL 28, 2008
By ROXANNA MOREY

Many people make these mistakes between the time that they apply for a mortgage and the time they close on a piece of property because they just don’t know that they should avoid doing them. Unfortunately for some these mistakes cost them the ability to purchase a home.

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WEDNESDAY, APRIL 23, 2008
By ROXANNA MOREY

The Latin term “Caveat emptor” means let the buyer beware. The biggest reason for a home inspection is that you shouldn’t just go by what the seller tells you. They’re trying to sell their home! They may omit details or outright lie on their disclosure or to their agent to get their home sold. You are the only person who can ultimately look out for yourself. By hiring an inspector you can protect yourself and save yourself a big hassle down the road. The second reason is that honest mistakes happen. The second reason is that the seller might not be aware of certain problems with the property.

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MONDAY, APRIL 21, 2008
By ROXANNA MOREY

Many people don’t really understand what the Multiple Listing Service or MLS is. Basically, the listing service allows real estate agents to share information about their listings. Unlike a company or an individual agent’s personal listings on a company or individual agent’s website that features only their own the MLS is a place where every agent belonging to that specific Realtor’s association can put their listings.

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WEDNESDAY, APRIL 16, 2008
By ROXANNA MOREY

There is a lot of talk today about a Buyer’s Market but what does this really mean and how does a buyer take advantage of it? Like many things, the real estate market is cyclical. It transitions between a hot market where inventory is low which drives up the price for the buyer and a slow market where properties tend to sit on the market longer. A hot market obviously favors the seller while a slower market tends to favor the buyer.

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TUESDAY, APRIL 15, 2008
By ROXANNA MOREY

Understanding the Real Estate lingo can be like trying to understand a foreign language. To get you started on some basics here is a simple guide on some commonly used abbreviations and acronyms.

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Contributors

Celia Simmons
Roxanna Morey