The thought of buying a foreclosure appeals to many for the chance to pick up a decent property at a deep discount. A common misconception is that consumers (or agents) can approach a lender who has foreclosed on a property with an offer to buy it directly from the bank or servicer. Tax records or […]
Archives: June 2014
Texas Seller’s Disclosure and Home Inspections
I was shocked when I read a colleague’s facebook post last week lamenting that his seller client had requested a copy of the buyer’s home inspection. He was frustrated, and complained that the seller would then be responsible for the burden of disclosure for any issues noted on the inspection report. Years ago, the school […]
Baby Boomers Setting New Trend on National Real Estate Market: All Cash Deals
As more Baby Boomers retire, real estate experts all across the United States are seeing more cash deals, according to a recent report from Bloomberg. Evidently, these Baby Boomers (defined as anyone born between 1946 and 1964) are opting to purchase their homes with all cash instead of taking out a mortgage. Experts credit this […]
Report: U.S. Home Sales Increase for the First time in 2014
Real estate experts all across the country were thrilled to hear the latest numbers on the national housing market recently. That’s because sales of existing U.S. homes showed a slight increase between March and April, reversing a 12-month trend in which home purchases had been dropping. This wasn’t the only good news that the National […]