What is an escrow deposit?
Here in the DC metro area we call it the EMD or earnest money deposit.
It is the best way for a buyer to demonstrate to the seller they are legit.
If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains:
“Buyers are stil...
If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re ...
Summer sales are in full swing.
We have had another strong week of new listings with 766 properties hitting the market since last week.
Also, in case you hadn’t heard the FED is signaling easing rates as early as September.
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Navigating the housing market can be tricky, especially these days. That's why having an experienced guide when buying or selling a home is so important. The market isn't exactly straightforward right now, and working with a real estate expert ...
Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it's important to think about whether your current home still fits your needs.
If it's too big, too cost...
'Buy low, sell high' – it's an investment mantra that's hard to shake, especially when it comes to buying a home. We're all being bombarded with this advice, aren't we?
But here's a game-changer for you:
The 'buy low, sell high' strategy ...
In life, patience is a virtue – but in the world of homebuying, waiting too long in hopes of finding the perfect home actually isn't wise. That’s because the pursuit of perfection comes at a cost. And in this case, that cost may be delaying...
New listings jumped 111.11% since last week. Wow!
More inventories should spur more transactions for both buyers and sellers.
Also, of note, mortgage rates have adjusted down as of late to a five-month low.
All good develop...