The Term Addendum Explained

The Term Addendum Explained

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...
The Term Appraisal Explained

The Term Appraisal Explained

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...
Appraised Value vs. Assessed Value In Real Estate

Appraised Value vs. Assessed Value In Real Estate

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...
The Term Appreciation Explained

The Term Appreciation Explained

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...
The Term Back-Up Offer Explained

The Term Back-Up Offer Explained

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...
The Term Broker Explained

The Term Broker Explained

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;...
The Term Brokerage Explained

The Term Brokerage Explained

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....
Considering Short Term Rentals?

Considering Short Term Rentals?

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...
The Term Clear Title Explained

The Term Clear Title Explained

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...
8 Reasons Real Estate Is The Best Investment

8 Reasons Real Estate Is The Best Investment

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...