If you’ve spent any time on Zillow, looked into how much your house is worth, or toured a potential home, you’ve probably already encountered a number of industry-specific terminology. While you can always ask your real estate agent what certain things mean, it’s a good idea to familiarize yourself with some common terms and acronyms.
As one of the most beautiful and culturally-diverse cities in the United States, every neighborhood in Seattle has its own unique feel. No matter what inspires you, Seattle can easily accommodate. And as you plan your visit or move to Seattle, keep these best Seattle...
It’s the American dream that you may have thought about for a significant chunk of your life - finding and buying your own perfect home. And while it can be quite a rollercoaster ride to find the perfect home, there are a number of things you can do to make it easier...
In real estate, many people use the term deed and title as if they are the same thing. But in reality, while they are related, they are not the same thing at all. Definition differences: deed versus title During the home buying process, a deed is a legal...
So perhaps you’ve been thinking about selling your house, but you don’t want to pay thousands in commissions. Or perhaps, you’re searching for a new home online and keep running across the term “FSBO.” Here is what you need to know. What does FSBO stand for? FSBO,...
If you know the real estate business, you already know competition is the name of the game. Embrace competition, if you are deciding to sell your home with an agent or as a for sale by owner. In the end, what selling a home is all about is the competition to sell as...
Probate sales can provide unique opportunities to buy a home for less money, but they tend to me more complicated than a traditional real estate transaction because they involve a long and drawn out process. A buyer looking to buy a house in probate will need to...
One of the main barriers to buying a home is coming up with a 20% down payment needed to secure a conventional mortgage. If a buyer doesn't have the 20% down payment that mortgage lenders want to see, then he or she will have to make PMI (Private Mortgage Insurance)...
As the name might suggest, a sheriff sale is a court-ordered sale of property, if the property owner is unable to make good on paying for that property. A sheriff sale is a public auction where property, in real estate obviously this is typically a house, is...
Let’s say you’re getting down to the serious nitty gritty on deciding to sell your house or buy a house. And you know that you want a real estate agent to help you out. But you just can’t seem to decide on which one to use. Is it okay to use more than one agent? ...
There are so many things to keep track of when you buy a house. Is your neighborhood a great area? What are the schools like? How about the property taxes? And what kinds of home improvements will you need to make? And yes, what liens do you need to track? What...
Thinking of buying a house in the near future but don’t know exactly where to start? It’s always best to be prepared for such a big step, and we’ve got the house hunting tips to set you up for success with your hunt. Save your money Buying a house is a big financial...
Sometimes, a buyer’s offer price isn’t the only factor that sellers take into consideration when choosing between offers. Some sellers want to know on a more personal level who is buying their home which is why it’s important for buyers to learn how to write a...
You’ve found the perfect home, and closing is right around the corner. But your real estate agent still recommends one final step. A final walk through in your new home is that step. You may be asking yourself, “What should I look for on a final walk through when...
Many people are familiar with the term “patent pending” in reference to an application for a US patent awaiting approval from the trademark office, and pretty much that’s what a pending sale means in real estate too. Pending by definition as an adjective means...
After President Trump extended the social distancing guidelines through at least April 30th, most Americans will continue to have more free time over the next month or so. Some people will use that extra time to do some spring cleaning, get their homes organized, and...
How to safely open your house to buyers during a coronavirus stay-at-home order As more and more of our clients are staying in their homes to prevent the spread of the coronavirus pandemic, we at Trelora want to help buyers and sellers continue to connect. We’ve...
Trelora is the only brokerage in the country that will give you HALF of the buyer’s agent commission at closing! We want the home buying journey to be a partnership between our team and our clients, so that’s why we’ve put our money where our mouth is and created the...
Majestic mountain estate Looking for your ultimate Colorado mountain home? Look no further. Check out this completely remodeled luxury estate at 6887 Timbers Drive in Evergreen with 5 bedrooms and 7 bathrooms. It was first constructed in 1999. And it's a private...
It’s a common myth that, as a buyer, you don’t pay your real estate agent because the seller pays all commissions. However, that’s not really the case. . . Let’s take a look at an example on how real estate commissions work Bob is buying a $400,000 home that Susan is...
You’ve spent months aimlessly searching through current homes for sale. You’ve gone to a few open houses and your agent has taken you through some homes. But nothing has been exactly what you wanted. Then, you find a home that just feels right. As fate would have it,...
When you decide to buy a house, it is important that you have money saved. Not only will you need money for closing costs, you are going to need to be able to put as much money down as possible. In fact, the higher your down payment is, the more money that you can...
Not all homes are the same, and not all home inspections are the same. While we support you getting a good deal (on your home and your inspection), you should know exactly what you’re paying for. Just like you researched potential homes, you should research potential...
When it comes time to buy a home, there are so many options, making it hard to decide to decide which one you want. Some people prefer to start with a smaller home (also called a starter home), while others want to buy one home where they hope to spend the rest of...
Buying a foreclosed home is a highly impersonal experience. You’re not buying the home from the person who lived there, you’re buying it from the bank. They don’t see the home as a warm, inviting place filled with memories. They just see it as an asset. For this...