buyer tips 2021: Real Estate Alphabet Soup: V for Voiding the Contract
- 11/01/21 10:20 AM
Happy Monday, everyone! It is time for another Real Estate Alphabet Soup episode today. Are there terms and contingencies that you're not comfortable in working with when it comes to buying or even selling a home? Then today's episode is for you. V for Voiding the ContractIf in an event you have a contingency and you are not satisfied with it, say, home inspection, you can give a notice. This is where voiding the contract comes into play. The seller can also give you a notice if you're contingent on financing and you have passed the timeline. So it is a one party … (0 comments)
buyer tips 2021: Real Estate Alphabet Soup: J for Jumbo Loans
- 10/11/21 01:39 PM
Here we are with another hot steaming knowledge with another episode of Real Estate Alphabet Soup! This time, we're talking about one of the loan types in the market with our next letter, J. J for Jumbo LoansAs the word says, jumbo loans are pretty massive in comparison to the other types of loans. This is also called the non-conforming loan. The loan limits are set by the Federal Housing Financing Agency. The DMV Area, or our DC metro area are in a high cost housing market, so our loan limits are a lot higher than maybe other parts of the country. Just … (0 comments)
buyer tips 2021: Real Estate Alphabet Soup: I for Inspection
- 10/11/21 12:05 PM
Happy Monday, everyone! We just got off the weekend. Speaking of, weekends are known for house hunting and even inspection day! And that is why today, we'll be talking about the next letter in our alphabet soup: I I for InspectionA home inspection is an examination of the property's current conditions to see if it passes certain safety standards. This is usually done by a professional home inspector that looks for any needed repairs, malfunctions, or other home issues that needs your attention. This is a very important thing when it comes to buying a home. I mean, you're making one of the … (0 comments)
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