Monthly Archives: January, 2012
How Does a Court-Confirmed Probate Sale Work in Real Estate?
If you’re an active real estate buyer, at some point you’ll likely come across a probate sale. Properties sold in probate court can be a good deal, as they’re often priced lower than other homes. But there are risks, and probate sales often take longer than traditional real estate transactions.
As a result, as with short sales, some buyers keep [...]
RELO 101 – What You Should Know About Relocation Packages
Companies often hire employees from out of the area or transfer existing employees to another office. When this happens, a relocation package — or RELO as it’s known in the real estate world — may come into play.
Usually a third-party RELO company handles nearly all aspects of the employee’s home sale on behalf of the employer. [...]
You Bought a Home and the Basement Flooded. Now What?
Well-informed buyers may spend six months looking at properties, learning the neighborhoods, and gaining deep market knowledge. Once they identify a winner, they may spend weeks getting to know more about the property. They make several visits to the home, read through the seller’s disclosures, read the entire inspection report—and even accompany the inspector as [...]
