“Now is a great time to buy.” You’ve heard the phrase before, but when is the best time to buy a home? How do you calculate it out and time the market just right so...
Amending the contract in Texas is made quite simple with the TREC Amendment form. From repair amendments to price changes or closing date changes, there are plenty of reasons why you might find yourself amending...
You may need to think about repair amendments during the course of buying a home, typically during the option period and after your inspection. Your agent will prepare your repair amendments for you, but as a buyer, it...
When you’ve spent time in the military or as part of a military family, you know that things don’t work quite the same as they do in the civilian world. This is why many homebuyers...
You love the house, but just found out it’s already under contract. What can you do? Time to think about submitting a backup offer. In Texas, we have the Addendum for “Back-Up” Contract that helps...
Before you buy, you should do your homework. Homework? You thought you left that behind you years ago, didn’t you? Well, it’s back. If you’re going to buy a house, you should do some research...
We’ve had a lot of discussion over on our post about surveys, “What If Your Property Survey is Incorrect?,” so we thought we’d take a moment to discuss easements since they are a common issue...
Appraisals are a part of the home buying process and the appraisers can either be your best friends or your biggest enemies. Put in place as a control by the lenders, the appraisers look at the...
The WDI Report looks for evidence of wood destroying insects in and around the home you are purchasing and may be required by your lender. We recommend always paying the extra for a WDI report...
If you’ve ever put an offer in on a home, you may be familiar with what is known as “buyer’s remorse.” It’s that sudden sinking feeling of “oh no, what have I done,” that many...
The Third Party Financing Addendum was updated by the Texas Real Estate Commission on January 1, 2016 and since we’ve talked about the form previously (although some parts of the form have changed, this older post is...
If you’re thinking about buying a home, but you currently own one, how do you go about it? Do you need to sell your current home in order to be able to afford your new...
