Your old home seems too cramped, and you’ve been surfing local listings. You’re imagining moving into something bigger, different, or closer to hot spots…but if your cash is tied up in your current home, where’s your down payment money coming from? When you don’t have tens of thousands of spare dollars sitting around, what are…

A Buyer’s Market A buyer’s market is defined as a situation in which supply exceeds demand, giving purchasers an advantage over sellers in price negotiations. When it comes to the real estate market, a buyer’s market means there are more available homes on the market and fewer active buyers, potentially forcing sellers to lower their…

Ready to buy? Congratulations! You found a home you want to buy and are ready to make your offer. Before you put your hat into the ring, be sure to make your offer one that can’t be refused. Keep in mind, your offer may not be the only one the seller receives. Your offer must…

The Magic Number Ah, to have a crystal ball. Every homeowner hopes to sell their home quickly so they can move on to the next, but there’s a huge unknown in the picture: how long will it take to sell your house? One of the most frequently asked questions a real estate agent receives is…

Buying a Home Is Stressful Enough Without Contingencies When you’re ready to purchase a new home, you often don’t think about all of the negotiations, red tape, and competition you might be facing. Will you offer full asking price? Can you remove contingencies from your offer? Will your existing home be sold in time? It…

Need to Sell Your House Fast? There are several reasons why a homeowner needs to sell fast. First and most likely, you’ve found a home you really love. If you’re like the majority of Americans, that means you’ll have to sell your existing home first if you are going to get approved for a mortgage…

What Is a Kick Out Clause? Selling or buying a home has traditionally been all about perfect timing. Buyers typically must sell their existing home first in order to obtain the funds to purchase their next home. Many buyers prefer to find their new home before they sell their existing one so they don’t have…

Competitive Housing Markets Mean You Need to Make a Competitive Offer No matter where you may be moving, chances are the housing market is competitive. If you’re house hunting, you’re going to need to make a competitive offer or risk having other offers beat out yours. You’re not the only one on the hunt, so…

Stepping into the emotional and financially tricky process of selling and buying a house at the same time can be overwhelming. With all the options, from real estate agents to iBuyers to companies like Homeward, figuring out which one fits your expectations, budget, and timeline could turn rocky fast. However, illuminating the differences between your…

What Is an Option Period? An Option Period is written into a real estate contract to give a buyer a specified number of days in which they can terminate the contract and be refunded their earnest money deposit. It is intended to give the buyer time to learn more about the home through independent inspections…