Maximize Home Equity: Importance of Property Appraisal Why Property Appraisals Matter in Residential Real Estate Whether you’re buying or selling, the property appraisal plays a critical role in every residential real estate transaction. It serves as an independent...
Exclusive Properties: Can Buyers Find Off-Market or Coming-Soon Listings on the MLS? Understanding Off-Market Listings In a market where inventory moves quickly, savvy buyers are often asking the same question: “Are there homes available that aren’t publicly listed...
Answer: On closing day, you’ll review and sign all necessary documents, pay closing costs, and finalize loan agreements. Once completed, ownership transfers to you, and you’ll receive the keys to your new home. Learn the **home buying process** step by...
Answer: A title search involves examining public records to confirm the property’s legal ownership and identify any claims, liens, or encumbrances that could affect the transfer of ownership. Clearing any title issues is essential before closing.
Answer: An appraiser provides an unbiased estimate of the property’s market value, ensuring the lender that the loan amount is appropriate for the home’s worth. This protects both the lender and the buyer from overpaying.
