A pending home sale is one in which the transaction has already obtained an offer and inspections are completed and satisfied. Technically, a pending offer is practically closed. Agents, escrow, and title are simply waiting for final documents and signing. According to a recent article on CNBC.com, November pending home sales were up .2%. “Signed
Well, here we are on December 30, 2013, less than two days away from the expiration of the mortgage debt forgiveness act. This act would forgive the debt on a short sale or foreclosure and allow previous homeowners not to pay income tax on that forgivable difference between what the home sold for and what
We see it all the time; a beautiful home but a backyard that has been completely destroyed by the homeowners.. There’s usually a dog run around the perimeter of the fence, chewed up toys, and dug up gardens. So how can homeowners create a space for their dogs without ruining the entire backyard? According to
There’s always something new in luxury homes; in the 1950s it was swimming pools, in the 2000 it was elaborate outdoor kitchens but today, if you’re really going to one-up your neighbor you have to install a home theater system. And this isn’t the 1990’s home theater system with just a few speakers in the
Is the Buyers Market a Fleeting Memory? As we know, home values have started to rise as well as interest rates, and sellers are wondering if this is a buyers market any longer. In a recent Wall Street Journal quarterly survey of housing market conditions in 20 major metro areas shows that inventories of unsold
Times are changing and with those changes, comes new technology and more ways for home buyers to find their perfect dream home. It’s no secret that real estate agents are diving into social media to help market themselves and their available properties, but what about smart phone apps or the good old fashioned internet—how do they
