Disclosures
Sellers have more knowledge about the home since they lived in them for years. So there may be some things you want to find out about the home. You should require a seller’s disclosures as part of your offer.
Essentially, you want the seller to disclose any poor conditions that may have an influence on your […]

Not all buyers are suited for a short sale. This was one of the messages delivered at “Short Sales from the Buyer’s Perspective” during the 2009 REALTORS® Conference & Expo today.
According to the latest Realtors® Confidence Index, one out of 10 recent buyers purchased a home through a short sale. The survey also showed that […]

Aided by the home buyer tax credit, the outlook for housing and the economy appears headed for a sustainable recovery, according to the National Association of Realtors®.
Lawrence Yun, NAR chief economist, said the projections are enhanced by a tax credit expansion to more home buyers through the middle of 2010. “Given the success of the […]

The “Service Members Home Ownership Tax Act of 2009″ was signed into law on November 6, 2009.  This Act will give members of the uniformed services, intelligence agencies and Foreign Service, who were stationed abroad, greater opportunity to take advantage of the First-Time Homebuyer Tax Credit, and also ensures that housing benefits for wounded veterans […]

Most states continued to experience rising existing-home sales in the third quarter, with prices moderating in many metro areas, according to the latest survey by the National Association of Realtors®.
Total state existing-home sales, including single-family and condo, increased 11.4 percent to a seasonally adjusted annual rate1 of 5.30 million units in the third quarter from […]