All Posts Tagged With: "Contracts"
NAR — Pending Home Sales Up 3 Months In A Row
The National Association of Realtors has reported that pending homes sales — a forward-looking indicator based on contracts signed in April — rose 6.7 percent when compared with March. This is the third monthly increase.
Lawrence Yun, NAR chief economist, said buyers are responding to very favorable market conditions. “Housing affordability conditions have been at [...]
What If We Find Termite Damage?
Question: What happens if a termite report shows termites or termite damage?
Answer: You need to look at the specific terms of the sale agreement. If there’s an active pest infestation, many standard agreements require treatment by a licensed pest controller. Because poisons are involved this is not a do-it-yourself job for sellers. A professional is [...]
Must All Real Estate Offers Be Delivered?
In the general case, brokers must submit all written offers until a seller accepts an offer. However, because contracts can fall through, the view here is that all written offers should be presented because there can be a need for a back-up agreement.
Brokers typically have no obligation to present oral offers — “if I offered [...]
Your Real Estate Questions Answered
Would you like to share your question in more than 100 newspapers nationwide? Would you like to potentially reach millions of readers?
This site receives numerous real estate questions from visitors, so in an effort to answer some of the inquiries we receive we’re going to take selected questions and use them in columns and articles.
Please [...]
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