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To have a debt is to owe someone something. A debt may be a service, may be money or goods. May even be of gratitude. In the finance world, however, it usually is a way that institutions came up with to encourage people to spend and, with that, push for an economic growth of the ...
Act of God is typically how an insurance policy classifies peril situations that could not be prevented or defended by men. Normally, those “acts of god” are related to occurrences born out of natural disasters, like severe droughts (that can produce wildfires or make ...
Ask Price is the initial listed price for a piece of real estate.It’s important to understand that, in the real estate world, there’s no such thing as a fixed price when buying or selling a property. Fixed price is a concept you can only apply when the product in ques ...
The escrow fee is basically how the escrow agent or manager get his/her compensation for assisting and handling both the parties and the funds involved in escrow. In real estate, the escrow fee is considered part of the Closing Costs and, because it’s in both parties best ...
Everyone knows what is a retirement home, but if we were to give our best most concise retirement home definition it would be of something like: real estate facilities that cater to retired and elderly people looking for housing that accommodates the senior lifestyle needs. Howe ...
Since a mobile home can literally be both mobile and a house, it obviously requires its own kind of insurance. A mobile home insurance policy is sort of a hybrid between auto insurance and home insurance with a few special sprinkles on. It covers the dwelling while moving and wh ...
Not only can homeowners associations impose pet restrictions but almost 100% of them do. Here’s the thing: the job of a homeowners associations or HOA is to look at the big picture and provide a safe and tidy environment for everyone despite one particular resident&rs ...
Are you wondering how to speed things up with your mortgage payment? Thinking how to build equity to your home”? Well, by paying off your mortgage. The more you do, the more percentage of the asset you gain; that’s obvious. But when you ask “how can I build eq ...
Here you are asking us: “Do I have a lien on my home?” We don’t know. Do you? Here are some of the reasons why one would have a lien on their home: Defaulting. Failing to pay the principal of your mortgage. The lender can apply a lien, put the house in ...
Do real estate agents work with home renters? Yes, they do. To be honest, real estate agents are willing to work with everyone. There are some who are specialized in sales and not rentals, but there are no rules that say they can’t do rental properties too. What’s mo ...
Came here wondering if you need a permit to build a bunker? Of course you do. Come on, this is America; you need a permit to build anything! Especially a deep earth bunker, which might go so deep that it affects the area’s geology and could cause flooding and other hazards. ...
Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like. It’s what is called an Open Listing. In it, the home seller pretty much says “Hey, realtors®! Whoever brings me the best offer first, wins&rdquo ...
QR Codes For Real Estate Signs
There has been a revolution going on when it comes to those traditional for sale real estate signs. Instead of the boring static old for sale real estate signs, savvy real estate agents and homeowners have been trying to improve curb appeal to lure clients to their home via modern high-tech smart “for sale” signs. And thank God for that! For sale ...
Senior Citizen Housing: Accompanied Or By Yourself?
For some people, this issue is a bit taboo but, hopefully, it will happen with all of us: we’ll get to live so long that certain cares around the house will need to be taken in order to facilitate our life pace. And even if you’re a Millennial thinking “oh, I’m 50 years away from that, my friend”, you always have family and friends of ...
Tips To Raise Your Real Estate Commission
If one is to answer how much does a real estate agent really make, it will become very clear that the place where you make a difference on your earnings as a real estate agent is the real estate commission. The highest the house gets sold for, the highest the real estate commission. So, technically, to raise your real estate commission = to raise the price of the ...
Why Real Estate Agents Fail And Get Out Of Business
You know how they say you should always enter places, situations and even relationships with a backup plan and an exit strategy? Romantics say that’s not the right way to go about things, but it’s actually a way to take some tension out of the way, minimizing the fear of failing to let you focus on making everything work. If you have the worst case scenario ...
Living Near An Airport: The Good And The Bad
If you’ve been following the content production of RealEstateAgent.com you’ve probably noticed how we love to write about strange unusual real estate scenarios. We’ve already written about living near a highway, considered if living near a cemetery affects the home value and even questioned if you would live in a haunted house if the price was ...
Essential Home Items Your Place Might Be Missing
The mind is always playing tricks on us. Sometimes there are some things that are very obvious, and we come across them all of the time – they are a big part of our lives – and yet; we can’t remember them! Have you ever played Scrabble and couldn’t for the life of you think of a word, then your friend just adds an “r” or an ...
Working Couples In Real Estate
Beyonce and Jay-Z, Melinda and Bill Gates, Sonny and Cher, Lucille Ball and Desi Arnaz, Hart to Hart, even Ant-Man and the Wasp… there a lot of stories – some successful, some not so much - of husbands and wives working together out there. And in our industry, of course, is no different. If you take a look at some of the real estate agents in The ...
Things Home Sellers Should NOT Do
We’ve made several articles in the past regarding things that home sellers should do to sell their house. We gave home staging tips and tricks, advice on how to optimize your next open house and even went oriental with Feng Shui to sell your home. But we never talked about the things home sellers should NOT do when selling a home. And you know, that’s ...
Whenever we do a “best ____ for _____” type of article, we always discuss the metrics pertaining to that subject and come up with a ranking of sorts. But today, because the discussion within the subject has so many variables, we’ve decided to do it differently. To tell us about the best places to raise a family, we’ve imagined a typical ...
There’s an argument to be made that cold calls are not the most current way of getting that sweet lead generation going for you and that SMS, social media, and cold email marketing have a much higher percentage of lead generation success than cold calls, but hey… sometimes you have to try them all, right? Maybe your real estate market is more technology ...