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Real Estate Tips

What Are Contingencies and Why Are They So Important?

By Sandy Gadow—A contingency is a condition in a Purchase Agreement which states that the agreement is reliant upon certain events taking place, such as approval of a building inspection, delivery of marketable title, obtaining acceptable financing or mortgage commitments, even meeting building code compliance.

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10 Often Overlooked Real Estate Tax Deductions

By Fidelity National Title Insurance Company—1. Home acquisition mortgage loan fees. If you have bought a primary or secondary home in the past year, you probably obtained a mortgage to finance the purchase. That mortgage is called an “acquisition mortgage” because it enabled purchase of the residence.

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How Real Estate Agents Help Sellers Make More Money

By Alamo Title Insurance—PRICING: A homeowner is usually not the best judge of the value of his or her home. There are too many emotional ties to the home for the owner to be unbiased. Also the owner knows the amount he needs or wants from the sale and may not be objective.

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Buyers and Sellers Costs: Who Pays

By Fidelity National Title Insurance Company The Seller Generally Pays: Real estate commission Document preparation fee for deed Documentary transfer tax Any city transfer/conveyance tax (according to contract)

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Dressed to Sell: Staging Makes the Difference!

By Sandy Dixon— Within seconds of walking into a house, prospective buyers form an impression and know whether they want to buy the house or not. In some cases they won’t even get out of the car, upon looking at the outside of the house. This initial reaction can make the difference between a swift…

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8 Reasons to Work With A Realtor

By Sharon Hassler—When you see the term Realtor, it means a member of the National Association of Realtors, a real estate trade association. All Realtors are licensed real estate agents but not all real estate agents are Realtors.

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