Housing inventory has shot up over twenty percent year-over-year. So, are our low inventory struggles finally behind us? During the low interest rate days, housing inventory couldn’t keep up with demand. Within days o...
Will G.
Is this a normal market? Is there such a thing?
Thinking back to many years in real estate and having trouble remembering a "normal" market, if it exists, what does it look like? I have heard metrics of 6 months housing supply, 5% interest rates, and sustainable 3-...
Aaron Anderson
Banks refusing loan due to no Comps. Is this normal?
I have contacted 3 banks that have refused to lend on a property because there are no comparable properties in the area and if the appraiser can't appraise it correctly, they can't lend. I'm just curious if anyone ha...
Account Closed
What are normal costs of refinancing an owner occupied Duplex?
Hello, I am looking into refinancing my owner occupied duplex to getting rid of my PMI and take advantage of lower interest rates. What are normal costs? Points? Closing costs? Is it possible to do no points and roll ...
Sam H.
Seller won't show property W/O POF..is that normal?
I have recently contacted a listing agent and requested to view the property. I was informed that the seller would not allow me to see the property until I acquired a Proof Of Funds or a Pre approval ( which as far as...
Andrea Shields
Returning Security Deposit, tenant damage vs normal wear and tear
One of my tenant lease ended and I was not available to do the exit walkthrough with them as I normally do. I told tenant to take pictures and that I would be there the following weekend to walk the home and that she ...
Mike H.
Cracked granite countertop in lease period. Normal wear and tear?
Dear BP LL colleagues,I was performing a final walk though at end of lease (@ DFW area) and noticed a crack at countertop. Would you consider this as a normal wear and tear or a damaged item that tenant is responsibl...