Contingences in a real estate contract protect you as a buyer from legal obligations that might ensnare you after you buy a home. A home inspection contingency is one of these provisions. It allows you a way to leave the contract without going through with the...
Residential Real Estate
Protecting your interests when buying a home
Purchasing a home involves a major investment, so every decision that goes into the process deserves thoughtful consideration. In some cases, you may decide to move forward with a particular home purchase under conditional means, meaning you are willing to move...
What you should know before buying a foreclosure
Some homebuyers are very interested in purchasing a foreclosed property because they think it represents a better deal. Others are wary because they fear the potential difficulties involved and the condition the home may be in. If you are thinking about buying a...
What happens at a real estate closing?
When you purchase your first home, you may wonder what will happen at the closing. This is when you usually sign all the paperwork for your new house. According to Bankrate.com, the closing does not take place as soon as the seller accepts your offer. It may take one...
How prepared are you for residential real estate closing costs?
You have a lot to keep up with when it comes to buying a residential property in North Carolina, especially when buying for the first time. When you near the finish line and practically have the keys of your home in your hand, know that you cannot relax in the...
Protecting your real estate while it is on the market
Imagine you move to another city because of a promotion or job change. You list your home with a reputable local realtor. You are confident your home is safe when shown to qualified buyers. After signing the papers, you hand the house keys over to your agent. One day...
When do I get my funds from a home sale?
When you come to the close of a well-managed residential real estate sale, there is typically only one concern left: receiving your money. However, like many other issues with these types of transactions, the exact timeline for this payment will probably depend on the...
Buying and selling property without an agent
With the rise of the internet, real estate transactions in North Carolina have gotten easier. It is now possible to arrange for a property sale or purchase without a prerequisite need to work through a real estate agent. Although a growing number of buyers and sellers...
5 reasons your real estate closing could be delayed
Whether you are the home buyer or seller, you are anxious for the closing to be as smooth and uncomplicated a process as possible. However, you should always prepare for problems to turn up. Here are five issues that could delay your much-anticipated real estate...
Do I have to pay for undiscovered home liens?
Learning all you can about a North Carolina home before you buy it is a critical stage of the real estate process. Ideally, you would learn about any liens that have been placed on the house, and with that information, consider whether to proceed with the sale and try...
