October 2024

A home inspection is a key step when buying or selling a home. It helps both sides understand the property’s condition, making the whole process smoother and more transparent. Why Home Inspections Matter for Buyers For buyers, a home inspection is a chance to learn about any hidden issues in the home. By hiring a home inspector, buyers get a clear picture of the home’s structure, plumbing,...

When buying or selling real estate, terms like "assessed two-family" and "legal two-family" often surface. While they might sound similar, these classifications carry significant differences, especially in terms of zoning, usage, and potential legal implications. What is an "Assessed Two-Family" Property? An assessed two-family property is evaluated and taxed as a two-family residence....

Understanding market trends and the economy is key to navigating today’s real estate market. Dr. Marci Rossell, Chief Economist for Leading Real Estate Companies of the World, shares five key updates for September and October: 1. Unexpected Rate Cut The Federal Reserve surprised many by cutting interest rates by 50 basis points instead of 25. This unexpected move suggests concerns about the...

A buyer’s agency agreement, also known as a buyer-broker or buyer representation agreement, is a crucial document in the home-buying process. It sets the stage for a professional relationship between a homebuyer and their real estate agent, ensuring that both parties are on the same page regarding their roles and expectations. Here’s what a buyer’s agency agreement typically...

The Importance of Comparative Market Analysis (CMA) in Real Estate Navigating the real estate market can be tricky, especially when it comes to pricing a home. Every property is unique, making it challenging to determine the right sales or offer price. That's where a Comparative Market Analysis (CMA) comes into play. What is a CMA? A CMA is a detailed comparison of homes currently on the market, as...

The foundation supports your entire house, so keeping it level and in good condition is crucial for the safety of your family and the stability of your home. Foundations can be damaged by various factors, and identifying warning signs early can prevent more serious issues. If you notice any of the following signs, having your foundation inspected as soon as possible is important. Cracks One of...