A friend of mine and neighbor has sold businesses and moved out of town but is stuck with his personal residence. It's been on the market for about 4 months and he has already dropped the price 30k due to impatience....
Ok, I know this is a big topic, but I have some questions about how lease options work.
For example,
If I put a house under contract, should I seek to get an exclusive right to market the house? I've heard some say...
So I have a deal on the table but the agent wants a POF letter from me to attach to the written offer. I've done some searching but I was wondering what advice the community might have on the best way to proceed with ...
As recommended by several seasoned MH investors on here, I have started the market research process to understand the mobile home investing economics in my area. I had a few questions to better understand the dynamics...
My real estate agent told me that a buyer can cancel an executed contract within 5 business days of signings for any reasons. Is this true? Are there any exclusions?Reasons is because I was planning to give multiple o...
Not sure this is the correct forum for this type of question but I have three questions:1. What defines a real estate market? Is it defined by the prices of houses sold? Is it the assessed value of the houses collecti...
We recently had a seller request we wire the deposit funds into escrow before they signed the purchase agreements. We backed out on this request. The escrow agent said that this was common practice but we have never h...
The November 2022 report from the Austin Board of Realtors shows the Austin metro market continuing to cool in response to high inflation, mortgage interest rates around 7%, and a possible recession in the US. Overall...
When do I know it’s a sellers market / buyers market? How can I learn about the market I am in?
We've been purchasing a lot of product lately on short contracts to be competitive in the Austin market. A closing we had recently got a bit chippy and the title company the seller selected failed to tell us we neede...