It happens everyday. Two parties sign a real estate contract, and then one of them gets cold feet and wants to back out of the deal. If you’ve been involved in enough real estate transactions, chances are you’ve come across the term “specific performance.” This legal concept becomes important when a party fails to abide …
What is Specific Performance in Real Estate: An Easy Guide Read More »
When you’re exploring the world of real estate, you may come across the term “township.” Understanding what a township is can help you get a better grasp of the property’s location and organization. Don’t worry, it’s not as complicated as it may initially seem. A township is a division of land that measures 6 miles …
What is a Township in Real Estate? An Easy Explanation Read More »
In the fast-paced world of real estate, online marketplaces are revolutionizing how properties are sold. Sundae and Opendoor are two prominent companies taking this industry by storm. They help homeowners get fast cash offers for their properties. The question is this: Sundae vs. Opendoor: which company is right for you? That’s what we’ll explore in …
Sundae vs. Opendoor: Which Real Estate Company Is Right for You? Read More »
If you’ve been in the real estate market long enough, you probably know that you can’t do any business without a working license. A real estate license can get canceled or revoked if you violate the law. Cancellation is temporary and reversible if you retake the state written examination. Meanwhile, a revoked license is permanent, …
NY Real Estate License Status Canceled? Here’s What to Do! Read More »
Selling a house or a property can be a huge hassle. There are waiting lists, long discussions about prices, endless paperwork, and inspections! So, to make things easier for the people, iBuyers have come into the picture. They offer an alternative to the conventional of selling your property, with a faster and more convenient process. …
Homebot is one of many automated tools that help assess the value of properties around the U.S. It’s widely used by homeowners, lenders, and realtors, but does it generate reliable data? How accurate is Homebot anyways? Homebot is actually a great tool, especially compared to its other counterparts. It can give homeowners valid details about …
Partnering with real estate data providers allows real estate professionals and clients to make informed decisions with property evaluations, risk assessments, and more. CoreLogic and Quantarium are prominent names in the real estate industry. They provide data analytics, property valuation services, and real estate solutions to various partners. Their clients include lenders, servicers, real estate …
CoreLogic vs. Quantarium: Which Real Estate Data Provider Is Best? Read More »
Maybe you want to work your way around deduction limits. Or maybe you’re just curious enough to wonder if you can rent your house to yourself. Well, it’s possible to own or control a property under an LLC, an S-Corp, or a land trust, but does this mean you can lease it back? We get …
An FHA loan is an exceptional way to become a homeowner with limited income or bad credit. Almost everyone can get accepted for this mortgage type. This begs the question, can you buy a duplex on an FHA loan? If you meet the loan’s eligibility criteria, you can purchase any property of under four units, …
Buying a new house can be a stressful process, especially when you find your dream place. You never know if someone outbid your offer. Can this happen even after signing the contract? Can seller accept another offer during attorney review? The short answer is yes. During the attorney review, the seller can legally accept new …
Can Seller Accept Another Offer During Attorney Review? Read More »
