R2B – Other Inspections

2020-02-06 R2B - Other Inspection

This article is part of the Ready to Buy series, which focuses on the key issues that potential home buyers need to understand as they work through the purchase process. In addition to a basic home inspection, you also need to decide which specialized inspections to order. The vast majority of buyers do Wood Destroying Insect and Radon in Air tests in addition to the basic home inspection. Most inspection companies offer these three services.

R2B – Home Inspection

2020-02-05 R2B - Home Inspection

This article is part of the Ready to Buy series, which focuses on the key issues that potential home buyers need to understand as they work through the purchase process. The first thing you do after putting a property under contract is schedule the home inspection. Basic inspections look at the structure and systems of the home to evaluate how well they are functioning. This includes areas like the roof, siding, windows, and chimney on

January Contracts: Wow!

2020-02-04 January Contract Stats

2020 began with an amazingly active January real estate market. We observed 733 single-family contracts for the month, which is 21% higher than the total from January 2019. We’ve been reporting on contract data monthly, using the same methodology, since 2009. This month’s deal count was the highest we’ve ever seen in any January, or February, or December, or November. Looks like we’re skipping the winter market this year. We also see from the data

R2B – Existing Lease Terms

2020-02-04 R2B - Existing Lease Terms

This article is part of the Ready to Buy series, which focuses on the key issues that potential home buyers need to understand as they work through the purchase process. Leases are contracts, and it’s important for tenant considering a purchase to understand the key terms of their lease. Find the document, and start by looking at the expiration term. If you want to stay longer, does it go month-to-month, or does it roll into

R2B – Purchase Timeline

2020-02-03 R2B - Purchase Timeline

This article is part of the Ready to Buy series, which focuses on the key issues that potential home buyers need to understand as they work through the purchase process. Closing on a home, when using a mortgage to finance the purchase, usually takes about 50 days. That’s how long you should budget from the time your offer is accepted until the closing, when you get the keys and can move in. You need to