https://youtu.be/h1ypAtKrAj4 What is A Seller Concession? This is only between seller and buyer. The purpose is Seller agrees to pay certain costs on behalf of the buyer as part of a real estate transaction. A seller concession is a financial benefit in which the seller agrees to cover part of the buyer’s closing costs or […]
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Is this good news for property investor? Cut interest rates increase cash flow by lowering the benchmark interest rate, and the cash flow can be used for investment or consumption, thus achieving the purpose of stimulating economic activity. Interest rates are usually cut to stimulate economic growth, reduce borrowing costs, and promote investment and consumption.
Breaking news: The Federal Reserve is expected to cut interest rates 6 times in 2024 Read More »
What is Contingency? https://youtu.be/eHHpIesRrPQ The so-called “Contingency” refers to the prerequisites for the performance of the contract. If the specified conditions cannot be met, both parties can choose to terminate the contract, which does not constitute a breach of contract. Escrow 17-25 Days In the residential purchase agreement, buyers can put time-sensitive contingency according to
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https://youtu.be/MHVdExJbBU0 You should know about those documents so as not to miss any details when purchasing a home. During the transaction, there are many files that you will receive and need to review. Here, I point out six documents that you should pay much attention to. Preliminary Title Report The “Preliminary Title Report” will disclose
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What is Escrow? https://youtu.be/9PEdJuzidnI?si=K12h89k13WpKPcTZ Escrow is a third-party company. According to the agreement reached by the buyer and the seller, Escrow supports the completion of the transaction, and is a neutral third party, ensuring that both the buyer and the seller perform what they should do. After all the conditions are met, Escrow will let
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Let’s take a look of numbers In case, the current rent is $4,000 per month. Home Price is $1,000,000. Down Payment is 20%. The Total Equity after 5 years is $433,636. Resource from: Palm Agent, Inc. If you’re considering buying, I can help, Let’s connect! Know Your Property Value
Another Reason to Buy VS. Rent Read More »
How to know your buying power? Rates play a HUGE part in how much home you can afford. Take a look at the different home prices you could afford with varying rates. If you need an expert to help you get creative with securing a better rate so that you can afford your dream home
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It’s always a good time to invest in Real Estate! Resource from: Palm Agent, Inc. If you’re considering buying, I can help, Let’s connect! Know Your Property Value
House Ownership, Home Prices Appreciated by 290% Read More »
This is the Seller’s market that could make YOU a lot of money! Resource from: Palm Agent, Inc. Know Your Property Value
6 Tips to Win In A Hot Seller’s Market Read More »
After entering Escrow, the number of days is very important. https://youtu.be/qEUoEdZUNGo Most of the time, the buyer will ask? How exactly is the first day of Escrow calculated? The first day of escrow will be calculated on the day after the last buyer or seller signed the RPA (Residential Purchase Agreement) or counter offer. Remember.
How to count days in escrow? Read More »