Is a real estate contract enforceable?

Yes, a real estate contract is an agreement between a buyer and a seller. Once both parties sign the agreement, it is binding. Many times a buyer will have contingencies or “exits”…
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How much is my house worth?

Everyone always asks the question, how much is my house worth? It's not a clear cut answer. Absent a real estate transaction, where you’ve found a buyer after listing your house for…
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Which real estate website gives the most accurate home appraisals?

Between Zillow’s Zestimate and the dozens of appraisal or automated valuation models (AVM’s) available online today, buyers and sellers want to know which website gives the most accurate real estate home appraisal?…
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Are Zillow’s Zestimates and Home Value Estimators Accurate?

No, Zillow's Zestimate are not always 100% accurate but they are a good starting point to understand your home's value. Zillow pulls tax records about your home and analyzes recent comparable sales to…
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Can we trust what Realtors say about other offers?

Buyers always question the Realtors. I've seen it a million times. The home sits on the market for months, no offers. Then, out of the blue, there is one, then another. I say…
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Who pays the real estate commission?

The seller nearly always pays the real estate commission in a residential transaction. There are some real estate agents who charge buyers for their services. In rare cases, I’ve seen agents charge…
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What is the real estate commission rate?

The real estate commission, generally paid by the seller, varies by market. It’s a negotiable item and ranges anywhere from 4%-7%. Typically, the real commission is split between the broker for the…
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Can the seller be at the home inspection, appraisal or showing?

When your home is listed for sale, its best to not be present during a home inspection or when potential buyers, agents or appraisers come to see the home. There is nothing…
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How do I know what to offer on a home for sale?

The seller’s list price is always negotiable. A smart and serious seller, working with a good local agent should price their home in line with similar comparable homes nearby. Sometimes a seller…
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Is it better to rent or buy a home?

There is no one magic answer. It depends on your current financial situation. While the market should be a consideration, it’s very hard to time a real estate transaction. If you want…
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