Author: zachshelley

An alienation clause in real estate requires the immediate repayment of the remaining mortgage balance following the sale or transfer of a property. While an alienation clause can be found in most existing mortgage contracts today, it still presents some challenges to the owner when selling. Learn what an alienation clause is and how it … Continued

A kick-out clause in real estate is a contingency that allows the seller to continue showing the property after accepting an offer. With a kick-out clause, the seller can kick out the buyer and void the contract if they receive a better deal. Learn how kick-out clauses work in real estate, when to use them, … Continued

Many sellers choose to work with a real estate agent or broker to market and sell their properties for top dollar. However, before signing a listing agreement, make sure you understand the different types and what they mean. An exclusive right to sell gives one broker the legal right to sell a property. Learn about … Continued

When homes are unsafe due to natural disasters, fires, or severe deterioration, complete rebuilding may be the only solution for creating a livable space. However, with the costs of construction materials steadily increasing, understanding the factors that influence rebuilding expenses is crucial. Table of Contents Factors Influencing Rebuilding Costs The cost to rebuild a house … Continued

Homeowners associations offer buyers both pros and cons. Residents pay dues to access shared amenities and help maintain consistent property values. However, homeowners associations can also have many regulations, which may limit a homeowner’s control over their property. Learn about the pros and cons of homeowners associations. We’ll also review a few things to consider … Continued

Selling your house comes with expenses, such as commissions, listing fees, costing costs, and capital gains taxes. Some of these costs, including capital gains taxes, may be exempt if you meet certain circumstances. A capital gains exemption allows homeowners who have owned the property for at least two years to avoid paying capital gains. Learn … Continued

Career changes, family obligations, educational opportunities, or a craving for adventure may lead to a need to secure housing in another state. This guide explains how to buy a house out of state, the most common challenges out-of-state buyers face, and specific techniques they can use to overcome them. Buying a home out of state … Continued

Traditionally, an appraisal is an important part of the real estate process, whether selling or buying a home. Home appraisals consider local property values and comparable sales to determine a fair list and offer price. How long is an appraisal good for? Most appraisals are good for between three to six months, but this varies … Continued