Back up vs. Backup Backup (one word) Noun or Adjective (noun) The checkout line was stacked 20 customers deep, so the cashier called for backup. (adjective) It pays to have a backup plan in place. Back up (two words) Verb (verb) Let’s back up for a second. Can you back up your claims with facts? […]
Archives: September 2014
Duped by Developer or Deficient in Due Diligence?
An interesting lawsuit is making real estate headlines in the DFW Metroplex. A Fort Worth man has accused a developer of fraud and is suing for more than $1MM after learning his new home was not aligned to the school district he says he believed it to be in when he purchased his lot and completed […]
5 Reasons to Hire a Real Estate Professional [INFOGRAPHIC]
Home Sales Generate $52,205 Impact on Economy
The National Association of Realtors (NAR) compiled data from research conducted by the Bureau of Economic Analysis & Macroeconomic Advisors on the economic impact of a home purchase. After reviewing the data, they concluded that the total economic impact of a typical home sale in the United States is an astonishing $52,205. Here is the breakdown […]
FSBO's Must Be Ready to Negotiate
In a recovering market, some sellers might be tempted to try and sell their home on their own (FSBO) without using the services of a real estate professional. The real estate agent is a trained and experienced negotiator. In most cases, the seller is not. The seller must realize the ability to negotiate will determine […]
The Two Things You Don’t Need to Hear from Your Listing Agent
You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule for the successful liquidation of that asset Set the fee […]
Report: Big Homes Are a Hot Trend on the National Real Estate Market
Big homes are a big deal on the national housing market, according to a recent article in USA Today. Evidently, a growing number of home buyers are looking for larger homes to accommodate their every need and desire. In fact, of the 569,000 homes built last year in the US, about 33 percent (or 188,000 […]
How Interest Rates Impact Family Wealth
Cost Across Time [INFOGRAPHIC]
Getting A Mortgage: Why So Much Paperwork?
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are being told […]