Backups Contracts Work for Both Sides – Especially in This Market
In real estate, a house isn’t sold until the Fat Lady sings at the closing. Until then, the seller should keep their options open by accepting backup contracts.
In real estate, a house isn’t sold until the Fat Lady sings at the closing. Until then, the seller should keep their options open by accepting backup contracts.
Sellers who jump on offers from buyers waiving the opportunity to hire an independent home inspector may rue the day they did so.
At least some element of seasonality appears to have returned to the Boston-area housing market last month: Redfin’s monthly report on competition its agents’ offers faced found a slightly less frenzied atmosphere.
A recent column about would-be homebuyers giving up because they keep losing bidding wars brought a flurry of responses: Readers want to know how they can become winners in this arena.
Nothing is more important in the sale of a house than an examination of the structure by an independent home inspector. But in today’s overheated selling frenzy, many buyers facing competition are crossing out the inspection clauses in their contracts.
An influx of people relocating to the state has been celebrated by many, including Gov. Ned Lamont, but it also has made it more difficult for many to find affordable housing in an area that rates among the country’s most unequal places in terms of income levels.
A new report from brokerage and online home listings site Redfin says bidding wars are not slowing down, even as the typically slow fall and winter months arrive.
Nearly than 1 in 3 Greater Hartford homes sold above asking price in September, according to new research from real estate listings and data company Zillow detailing just how fierce competition for new homes has been this summer and fall.
Buying sight-unseen doesn’t mean you have to go into the transaction blindfolded. There are several ways you can protect yourself against the possibility the house you’re after isn’t what you thought it was.
More than half of the Redfin’s real estate listings faced competition in July for the third month in a row.