What does it mean to the Home Buyer when we see that the price of the home has been reduced? Watch this Video where veteran real estate broker Curtis Knight explains that when you see that a property has had its price reduced that automatically tells you that you do not need to offer above […]
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Home sale contingency. What it means to you.
A home sale contingency can be risky for sellers in a competitive market. It can delay the sale, potentially lower the property’s value, and leave the seller vulnerable to the buyer’s inability to sell their current home. In a strong market, sellers may prefer offers without contingencies to avoid these risks. Here’s a more detailed […]
What is an Appraisal Gap?
June 20, 2025|2025, Buyers, Buying, Tips, Trends, Market, Video It’s the difference between the agreed-upon purchase price and the appraised value of the property. • Why is it needed? In a competitive market, buyers may need to offer above the asking price to secure a property, but lenders typically only finance up to the appraised […]
Commitment and Clear To Close
Veteran Real Estate Broker Curtis Knight explains the meanings of the Commitment Letter, as well as Clear to Cose. These are both part of a real estate transaction. The commitment letter typically arrives approximately seven days before closing and clear to close is announced shortly thereafter. Welcome to WordPress. This is your first post. Edit […]