Addendums would be super handy if we could use them in everyday life, but alas, we usually only find them with legal documents and definitely in real estate transactions, which is still not a bad place to find them. “An addendum is an attachment to a contract that...
Have you ever wondered who actually knows what your home is worth? Some of the services out there provide an estimate based on sales in your area or the age of your home. This doesn’t always provide an accurate number of your home’s value. Let’s say you have...
These two terms should not be confused, as they mean very different things. Appraised Value refers to the value an appraiser assigns to your home using comparable and adjustments. If you are using a mortgage loan to buy a home the bank will require an appraisal. The...
Everyone loves to be appreciated. It could be for anything… doing a good job, working really hard, or doing something for someone you didn’t have to do. Perhaps every time you complete an act that deserves appreciation, your worth increases in the eyes of the...
For any plan you have, you should always have a plan B. You can never be sure what will happen in any given situation, so it’s always good to cover all of your bases. In real estate, this could look like a Back-up Offer. Just like a formal offer, a back-up offer is an...
If you have ever wondered what the difference between a broker and a salesperson are, you could say it is the difference between getting an associate’s degree and a bachelor’s degree. Using a broker rather than an agent can benefit you in a few ways;...
Whether you are a client (buyer/seller), a real estate agent, or a broker, you will likely find yourself researching a brokerage. Let’s start at the beginning: An individual wants to start a career in real estate, so they take the necessary steps to get their license....
Short-term rentals can be a highly lucrative investment and a fun way to make money. Some of the advantages to managing a short-term rental property include: 1. Your tenants are generally excited to be at your vacation property and may not require as much attention as...
Free and clear is what we all strive for, right? Clear skin, conscious, roadways and, definitely, the title to anything you own. Once you have a property under contract, the title company that you choose to handle your closing will do a title search as a part of the...
Real estate has long been considered a solid investment for many reasons. It is a relatively safe and an easy way for people to build wealth beginning with a smaller amount of money. If you are interested in investing in real estate, I’d be happy to help you find the...
If you love Northwest Arkansas then we have something in common. There is something for everyone, no matter which area you live in. From Fayetteville up to Bella Vista, Northwest Arkansas is full of treasures. One of NWA’s greatest treasures is the Real Estate Market.
With our area offering one of the nation’s most affordable housing markets (based on average income to average home price), it is no wonder people from all over are looking to call Northwest Arkansas home. My goal is to help educate potential sellers and buyers on the commonly used terms in real estate, so when you are ready to buy or sell you will be more comfortable with the real estate process.
