Buying a new home is an exciting venture, but it's important to approach the process with caution, especially when reviewing the real estate contract. In Virginia, several red flags may indicate potential problems with your property purchase. It is important to...
Real Estate Transactions
Understanding fiduciary contracts
Fiduciary contracts are legal agreements that establish a financial relationship. In these relationships, one party manages assets or acts in the best interests of another. The beneficiaries of these contracts can be businesses, charitable organizations or estates....
Why are inspections an important part of the home buying process?
The process of buying a home includes many steps and can be time-consuming. However, each step in the process serves an important purpose, and skipping any of them can be a mistake. This is especially true when it comes to the home inspection. Buyers must make sure to...
Securing a home loan approval when buying a house in Virginia
Getting a home loan approval is a critical part of the home buying process, especially in competitive markets like Virginia. A successful loan application allows you to know your budget and make a compelling offer on a home. Home loan approval is not just about having...
Identifying a seller’s market
Selling a home is often a strategic move. As such, you might feel that it is worth it to wait for a favorable sale. One of the key factors in this is the presence of a seller's market. Learning to identify this type of condition could help you make the most of your...
What is earnest money?
If you have never bought a home before, there are many aspects of the process that can be confusing. One of the concepts that you may not have ever heard of before is earnest money. Realtor explains earnest money is cash put down when you make your offer. It is not...
Where should I begin with finding commercial property?
One of the important aspects of running a business is having a location from which to conduct your operations. You may need physical locations for stores or offices. Regardless, if you need a property for your business, you will have to begin a search for commercial...
Fine-tuning your real estate purchase contract
When selling your home in Virginia, you will want a reliable contract leading the way. Developing an agreement that will protect your best interests will take time and require your diligence. Carefully articulating each part of your contract can protect you from...
What quick things can you do to get your home sale-ready?
Selling your home in Virginia may open the door to other, exciting opportunities. However, marketing your home will play a considerable role in how quickly you attract interested buyers. Because you already have a lot of other things going on, quick improvements can...
Are you getting ready to sell your home?
Throughout life, most people find themselves regularly moving from one home to another. Before most people can move into a new home, they'll need to sell the one they're currently living in. If you're preparing to sell your home in Virginia, here's how to do it like a...