home buyer: EXPLAINING REAL ESTATE APPRAISALS - 09/05/08 05:49 PM
REALTORS® may provide their home buyers or home sellers with a comparative market analysis (CMA) but this is not the same thing as an appraisal. To create a CMA to help determine a fair market value, REALTORS® review the active and sold information found in the MLS and compare the subject (0 comments)
home buyer: MLS - THE SCOOP - 08/28/08 09:37 AM
MLS or Multiple Listing Service is much more than a database of homes for sale through real estate brokers.
MLS is an organization managed by an association of REALTORS® and paid for by dues from member REALTORS®. It's purpose is for REALTORS® to cooperate and share information for the benefit of (0 comments)
home buyer: FIND OUT WHAT'S WALKING DISTANCE IN YOUR NEIGHBORHOOD - 08/09/08 04:01 PM
Here's a great Web site to explore - walkscore . You enter an address and it will show a map with all the amenities within walking distance and score them as well. This is a great reasource for home buyers and marketing source for home sellers. Also just fun for you (0 comments)
home buyer: NEW CONTRUCTION COMING SOON - 08/09/08 02:01 PM
Location, location, location. This is a great opportunity to live in one of the hottest & coolest areas is Austin in a new home - no rehabbing for you. Just move in and enjoy being walking distance to Central Market, 10 minutes to the medical center and 15 minutes to downtown (0 comments)
home buyer: ACCREDITED BUYER'S REPRESENTATIVE (ABR) - 08/06/08 10:17 AM
The Accredited Buyer's Representative is awarded REALTORS® who have completed an intense course designed to teach the agent how to better help the home buyer and who has demonstrated an experience level through having worked with a a specific number of buyers and closed those transactions. To maintain the awarded designation, (0 comments)
home buyer: IN A CONTRACT OFFER, WHAT ARE PRORATIONS? - 08/06/08 10:02 AM
The paragraph addressing prorations is to notify the home buyer and home seller that fees related to the home which are paid for a period of time during which both parties may be in ownership will be prorated and split at closing. For instance, property taxes and homeowner association (HOA) fees. (0 comments)
home buyer: YOU'VE CLOSED ON A HOME PURCHASE. WHAT DO YOU KEEP? - 07/30/08 10:50 AM
Often when I meet with a home seller and ask for specific documents, I find they threw some or all out after closing. I personally have kept the paperwork on every house I've purchased even if I don't own it anymore. Below is a list of what the home buyer should (2 comments)
home buyer: What's the Option Period? - 07/17/08 02:40 PM
In Texas, the Texas Real Estate Commission has included a paragraph in the standard residential resale contract that offers home buyers the unrestricted right to terminate an offer and receive their earnest money (see previous blog entry about earnest money) back. The option period is defined by a term of days and (0 comments)
home buyer: Attached Conveys - 07/11/08 10:02 AM
In Texas, our real estate contract offer forms state that anything attached to the property conveys. There is a long paragraph about what is considered attached which I suspect few read.
Once, I represented a buyer and when we did the final walk-thru, the curtain rods had been removed. Put them (0 comments)