What Does “Clear to Close” Mean?
One of the best things a homebuyer can hear is, “we have ‘clear to close.’” It’s one of the biggest milestones in the mortgage lending process and means the underwriter has cleared the application to move forward to document signing and close of escrow. While a critical stage for the sale, this is
Seller Concession Limits
The real estate market is shifting. In some areas of the country, it has flipped to a strong buyer’s market. Sellers challenged by this change are looking for creative ways to attract buyers. In addition, buyers suddenly in the driver’s seat are asking for more concessions from sellers than ever be
Seller’s Guide to Buyer Contingencies
Every news article talks about the fact that it’s a “seller’s market.” This means that if you are selling your home, you’ve probably gotten a few offers from which to choose. While the sales price is important, so are the contingencies attached to the offer. Understanding what these contingencies
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