If you’re like most people buying a home for sale in Tampa Bay, you know that it’s important to have a decent credit score – but how good does your credit have to be to buy a house? What is a Good Credit Score? Most credit scores fall between 350 and 850, with 350 being […]
Sometimes, as you search for Tampa Bay homes for sale, you’ll come across foreclosures. But why do some sellers go into foreclosure, and should you buy one? Why Some Sellers Go Into Foreclosure Sellers go into what’s called foreclosure if they stop making payments on their homes. Unfortunately, it happens more often than you think […]
When you’re buying a home, you will probably encounter the term “loan contingency.” But what is a loan contingency, and why does it matter to you as the buyer? What is a Loan Contingency? Most real estate purchase contracts contain a loan contingency, which allows the buyer a certain number of days in which to […]
If you’re buying a home in Tampa Bay or any of its suburbs, you’ve probably heard the term “seller’s market” – but what is a seller’s market, and why does it matter to you as a buyer? What is a Seller’s Market? A seller’s market is a real estate market in which there are more […]
If you’ve been looking for homes for sale in Tampa or any of the surrounding communities, you’ve heard the term “buyer’s market.” But what is a buyer’s market, and why does it matter to you? What is a Buyer’s Market? A buyer’s market describes the climate of the real estate market when there are more […]
If you’re selling a home in Tampa Bay or any of the surrounding communities, your agent will look at pending home sales to help you zero in on pricing – but what are pending home sales, exactly? What Are Pending Home Sales? Pending home sales are homes that were for sale but aren’t actively for […]
If you’re interested in buying a home, you’ve probably heard the term fiduciary – but what does it mean, and why does it matter? Defining Fiduciary in Real Estate When you work with a real estate agent, you establish a fiduciary relationship. It’s created between the agent and the buyer or seller (the buyer or […]
When you’re buying or selling a home in Tampa or any of the surrounding communities, your real estate agent will look at comparable sales – but what are comparable sales, or comps, and why does your agent evaluate them? What Are Comparable Sales? Comparable sales are homes similar to yours that have been on the […]
If you’re buying a short sale, there’s a good chance you’re doing so because you know that you’ll be able to get a good deal – but is that always the case? What’s a Short Sale? A short sale is a home purchase transaction that involves the seller’s lender accepting a discounted payoff. Sometimes lenders […]
If you find a short sale that you’re interested in learning more about, you might want to dive in and call the listing agent right away – but that can be a huge mistake. Here’s what you need to know first. What to Know About Short Sales Call your real estate agent – not the […]
