Plano Real Estate and Buyer's Broker Agreements
Tuesday, October 04
Plano real estate buyers generally sign a buyer broker agreement with their Plano Realtors before writing an offer on a home. This buyer broker agreement spells out precisely that the Realtor represents the buyer only. This is also known as a “buyer representation agreement”. There are a variety ...
Is It Better To Buy a Dallas Short Sale or Wait for the Foreclosure?
Tuesday, October 04
If you put in an offer to buy a Dallas short sale waiting for an answer from the bank can be long and frustrating. A short sale situation happens when a seller's lender agrees to accept less than what is owed on the mortgage to allow the sale between the seller and buyer to move forward, and bank...
Are You Ready to Make an Offer to Purchase Plano Real Estate?
Tuesday, October 04
Making an offer to purchase and actually closing on that purchase are two different actions, but many times home buyers confuse the two especially when the purchase offer is not the final negotiation due to contract contingencies. In some areas on the East Coast, for example, it is common to w...
Buying Dallas Foreclosures - How They Work
Wednesday, June 22
Dallas home buyers who want a great deal in real estate invariably think about buying a foreclosure home. Buyers always seem to have a picture in their mind of a nice little house, with a white picket fence that has been owned by a little old lady who has fallen on hard times, but this usually i...
Collin County Homes and Contingent Contracts
Wednesday, June 22
When selling Collin County homes writing contingencies into the counter offers more frequent in a seller’s market than when in a buyer’s market. It’s not uncommon to see a seller ask a buyer for the right to find another home before fully committing to the sales contract. A lot of sellers worr...
Dallas Short Sales and the Effect on Your Credit Score
Wednesday, June 22
Dallas short-sale vs. foreclosure: Many sellers wonder if a short sale will affect their credit less a foreclosure will and what the other advantages and disadvantages between the two. A homeowner in foreclosure, depending on state laws, could possibly stay in their property, rent free, for thr...