by maria | Aug 15, 2016 | Exclusive QA |
A home inspector is a paid professional—often a contractor or an engineer—who checks the safety of a home. Home inspectors search for defects or other problems that could become your worst nightmare later on. They focus particularly on the home’s structure,...
by maria | Aug 15, 2016 | Exclusive QA |
A: Yes. A comparative market analysis (CMA) and an appraisal are the two most common and reliable ways to determine a home’s value. Your agent can provide a comparative market analysis, an informal estimate of value based on the recent selling price of similar...
by maria | Aug 15, 2016 | Exclusive QA |
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller’s market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can...
by maria | Aug 15, 2016 | Exclusive QA |
A landlord agrees to give a renter an exclusive option to purchase the property. The option price is usually determined at the outset, but not always, and the agreement states when the purchase should take place—whether, say, six months, or a year or two down the...
by maria | Aug 15, 2016 | Exclusive QA |
It is an agreement between a renter and a landlord in which the renter signs a lease with an option to purchase the property. The option only binds the seller; the tenant has a choice to make a purchase or not. Lease options are common among buyers who would like to...