Earnest Money Defined If the word “earnest” is defined as showing sincere and intense conviction, then “earnest money” can be considered the good faith deposit in a real estate transaction that shows a buyer’s sincere and intense conviction (interest) to purchase the home upon agreement of a signed contract. Essentially, earnest money is a deposit […]
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With the current inflationary costs continuing to surge in the real estate market, many buyers are thinking “outside the box” when it comes to creative ways to purchase and own a home. One option you may not have considered is how a multi-family home might be right for you. What is a Multi-family Home? For
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Whether you are planning an upcoming wedding or have recently tied the knot, these are exciting times all around. Everything feels new from name changes and establishing new rhythms as a married couple, to learning the art of compromise and teamwork in most decision making. One such area that will require the ultimate exhibition of
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With tax season just about to wrap up for this year, it’s never too early to start thinking about next year’s tax season. Whether you are in the market for a new home or have your sights set on making some updates to your existing home, one great way to save on your taxes is
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When you envision a real estate closing you may think back to movie images or your own past experiences where there are lots of people wearing suits, oversized mahogany tables, and fancy pens held by buyers and sellers who are signing paper documents ad nauseum. While it’s true that some in-person closings still involve big
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In the world of real estate, like any field or area of specialty, there are hundreds of words and acronyms the average buyer or seller may not be familiar with. While your trusted real estate professional should be able to guide you through your own process of selling or purchasing a home by helping to
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Whether you consider yourself a real estate investor or simply consider yourself a homeowner, many people find that homeownership can be a jumping-off point for considering their home beyond a primary residence. In fact, some military families initially purchase their homes to live in during a duty assignment but realize soon that upon PCSing, they
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For the past several months of this year, it has become obvious that the real estate market is very active. New and existing home sales are through the roof, and you may have even heard of outlandish stories of homes selling in a day, over asking price, with multiple offers that include personal letters or
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As potential home sellers head into the autumn months, it’s a smart move to make sure your agent plans to do a video tour of your home this season. Even if you don’t have plans to list your home until the later winter months or closer to a December PCS, below are four reasons why
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You’ve likely heard the phrase, “You get what you pay for.” Most often this phrase is used when someone doesn’t pay much if any money for a good or service and they’re left with the realization that their outcome is subpar as well as mounds of regret. Think of the example of cutting your partner’s
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