A real estate listing can tell you an awful lot about a home, beyond just the price—essential stats like the year the property was built and the price per square foot. But one of the most important numbers to be aware of is the days on market, or DOM, the amount of time the home has been listed for sale on the multiple listing service. The DOM gives you an idea of how other buyers are reacting to the property and whether it's priced high or low.
So you're ready to ditch your landlord and the noisy neighbors who live above you. But instead of seeking out another place to rent, have you considered (like, seriously considered) buying?
Do you get your earnest money back at closing? If you're buying a house and planning to finance the purchase with the help of a mortgage, the question is bound to come up. The short answer is: You don't usually get your earnest money back at closing.
What is a property title search? When you buy or sell a home, a property title is essentially a fancy way of saying who has the right to own the property—and thus, to sell it.
Welcome to 2019! Resolving to eat more kale and take the stairs are fine resolutions. But if this is the year you vow to buy a home, we'd love to suggest a few new habits to help you get there.