Types of Houses: What’s the Difference?

If you’re searching for a new home, it’s helpful to know the terms commonly used to describe home and property types. After all, the types of houses you consider purchasing can affect your mortgage and home insurance.  There are 2 ways different types of houses...
How to list your home on the MLS

How to list your home on the MLS

When it comes to selling your house, getting in front of as many buyers as possible is the best way to make a quick sale and maximize your proceeds. In this article, we'll explain how to list your home on the MLS. Talk to any agent and they’ll tell you that only...

read more
What is a Listing Agent & Do You Need One?

What is a Listing Agent & Do You Need One?

Selling a house is often stressful and challenging. Luckily, a real estate seller’s agent can help provide services that advise and guide the seller from listing a property and throughout the process of selling a home.  What is a listing agent?  A listing...

read more
What is a Single-Family Home? 

What is a Single-Family Home? 

What is a single-family home? It is one of many real estate terms that have sprouted up over the years that you will see in your home search. Is this the right type of home for you? Or would you be better off in a multi-family home, condo, or townhome? What is a...

read more
What is Dual Agency and Why is It Important?

What is Dual Agency and Why is It Important?

What is dual agency? In a standard real estate transaction, there is a buyer's agent that represents the buyer and a listing agent that represents the seller. In real estate, dual agency is a situation in which a real estate agent simultaneously represents the buyer...

read more
What is a plat map and why does it matter?

What is a plat map and why does it matter?

A plat map (sometimes simply called a “plat”) is a legal document showing the division of a piece of land into specific lots.  Reviewing a property’s plat map as well as the more detailed plot map can help determine exactly what property is being bought or sold. A...

read more
Do You Need a Home Warranty? Know This Beforehand

Do You Need a Home Warranty? Know This Beforehand

A home warranty is a great way to protect your home, and your budget, but what exactly is it? These plans aren’t necessary for everyone, so let’s look at the details and you can decide if this is a beneficial option for your situation.  What is a Home Warranty? A home...

read more
What is a HUD home? Everything you need to know.

What is a HUD home? Everything you need to know.

If you’re in the market for a new home, you may have come across the term “HUD Home” in your search. These homes can be a great opportunity for buyers, and even offer cost savings. But it’s important to do your research. Let’s look at what a HUD home is and how to buy...

read more
What Is an Easement? What You Should Know

What Is an Easement? What You Should Know

As you go through the home buying process, you may come across the term easement and wonder what it means and how it affects your property value. Easements are very important to a real estate transaction and therefore something you should care about when purchasing...

read more

How Does Rent-to-Own Work?

So you know that renting doesn’t allow you to build equity, but you aren’t sure you can afford a mortgage right now, this is when rent-to-own comes into play. Buyer and sellers can benefit from a rent-to-own agreement, but it’s essential that both parties fully...

read more
What Is a Transaction Broker? Know This Beforehand

What Is a Transaction Broker? Know This Beforehand

Most people looking to buy or sell a house have an idea of what a buyer’s or seller’s agent is. Although, you might not understand entirely what each does for their respective parties. In many states recently, transaction brokers have started to appear as one of many...

read more
Contingent vs Pending Sales: What is the Difference?

Contingent vs Pending Sales: What is the Difference?

What is the difference between contingent vs pending sales? Contingent deals are still active listings (which is why they are often called active contingent). They are liable to fall out of contract if requested provisions are not met. If all goes well, contingent...

read more
What Does Under Contract Mean in Real Estate?

What Does Under Contract Mean in Real Estate?

When Yogi Berra said a baseball game wasn’t over until it was over, he meant that even as much as a team might be down or up in runs, the game wasn’t over until the last pitch was made. This also applies to the real estate term “under contract.” Under contract in real...

read more
What is a Patio Home?

What is a Patio Home?

You may have seen the term “patio home” when looking at real estate and have probably wondered what it is.  Well, in the United States, that means it’s a single family home that doesn’t necessarily need to have a patio. In fact, many don’t. How is that possible? What...

read more
What is a Mortgage Pre-Approval? | A Complete Guide

What is a Mortgage Pre-Approval? | A Complete Guide

If you talk to anyone in the real estate industry about buying a home, one the first things you’ll hear is “have you gotten a mortgage pre-approval”. If you are a serious home buyer, it’s imperative that you get this because it shows sellers that it’s possible for you...

read more
What is the Difference Between a Condo and a Townhouse?

What is the Difference Between a Condo and a Townhouse?

When purchasing a home, you’ll be forced to consider a lot of factors like outdated kitchens, one or two car garages, yard or no yard, etc and one of the most important factors is what type of home you are looking to buy. Buyers will most likely be deciding between a...

read more
What’s the Difference Between a Title and a Deed?

What’s the Difference Between a Title and a Deed?

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...

read more
What is FSBO? Know This Beforehand

What is FSBO? Know This Beforehand

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,...

read more
What is a Home Appraisal?

What is a Home Appraisal?

When buying or selling a property, a home appraisal is a critical step of the process.  But what is a home appraisal anyway?  Quite simply, a home appraisal is a licensed appraiser’s unbiased opinion (and comprehensive report) of a property’s market value based on...

read more
What Is an ADU? Things to Know

What Is an ADU? Things to Know

Accessory dwelling units (ADUs) have grown in popularity as home prices rise along with the cost of living. Accessory dwelling units are helping people adapt to these trends by allowing them to share common living spaces with other people. Before building an ADU, it’s...

read more
What Is a 1031 Exchange: How Do You Use It?

What Is a 1031 Exchange: How Do You Use It?

No, it’s not a vague mailing address - wait, it actually might be. But in real estate, a 1031 exchange is a swap of one investment property for another that allows the deferring of capital gains and depreciation recapture taxes.  What is a 1031 Exchange? The term...

read more
What Is A Probate Sale? The Basics

What Is A Probate Sale? The Basics

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...

read more
Assessed Value Vs Market Value. What’s The Difference?

Assessed Value Vs Market Value. What’s The Difference?

The assessed value and the market value of a home are often very different leading to confusion among homeowners. They are viewed as something that should be similar but in reality, they are very different from each other. Usually, the assessed value of a home is much...

read more
What Is a Sheriff Sale?

What Is a Sheriff Sale?

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...

read more
How to Find Your Property Line – Complete Guide

How to Find Your Property Line – Complete Guide

It might seem obvious when you first move in where your property lines are. You can see the fence, you can see the garage, you can see the backyard, and so on. But that ain’t necessarily so. And that said, figuring out where your property lines are can help keep your...

read more