Posts Tagged ‘Buyers’
What Is Due Diligence in Real Estate? A Buyer’s Guide
Quick answer: The due diligence period is the time between an accepted offer and closing, when a buyer investigates the property, schedules inspections, reviews disclosures, and ensures it meets expectations before finalizing the purchas...
Malibu residents flee as international buyers snap up burned-out lots
Wood frames are rising from the ashes of burned-out lots in Pacific Palisades, signaling the start of a new era for the fire-torn community. But down the road in Malibu, the scene is bleak.Cars wind through a gauntlet of traffic cones and caut...
Is It a Buyer’s or Seller’s Market?
The U.S. housing market finally favors homebuyers, but few can afford it It’s a buyer’s market, meaning buyers have the upper hand. Following the pandemic-fueled seller’s market in 2021, sellers now outnumber buyers by over 500,000 ...
Why More Buyers Are Turning to New Construction This Year
There’s a trend taking hold in real estate right now: more buyers are choosing newly built homes. And it’s not just about getting the latest technology or modern floorplans. It’s because they may be able to get a better deal. Builders ar...
What Buyers Say They Need Most (And How the Market’s Responding)
A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see ...
Realtor rules just changed dramatically. Here’s what buyers and sellers can expect
So long, 6% commission.For decades, real estate commissions have been somewhat standardized, with most home sellers paying 5% to 6% commission to cover both the listing agent and the buyer’s agent. On Friday, everything changed.A landmark ag...
The breaching buyer’s responsibilities | firsttuesday Journal
Why this matters: Learn to determine when a buyer’s breach of a purchase agreement and escrow instructions entitles a seller to recover monetary losses and intelligently discuss a seller’s recovery of losses on a resale following their buye...
Condos Could Be a Win for Today’s Buyers
Not every homebuyer wants the biggest house on the block. Some want something simpler, more affordable, and easier to maintain, especially in a market where every dollar counts. That’s where condos come in. For first-time buyers, they can be...
