In a strong seller’s market, as we’re currently experiencing in the Dallas Fort Worth metroplex, the low house inventory often leads to multiple offers on homes. I’ve had clients competing against sixty-plus offers on properties, and landing the contract is like winning the lottery. While that scenario is frustrating, there ...
Continue ReadingEarnest money and option money are both funds that are put down in the first few days of an executed contract, and buyers are sometimes confused by what they’re for. I recently shared a post explaining the option period and now I want to talk about earnest money in real ...
Continue ReadingWhen buyers are putting in an offer on a house, there are often many questions about earnest money and option money, funds that are put down in the first few days of an executed contract. Option money, in particular, can be confusing so let’s talk about an option period in ...
Continue ReadingWhether you’re buying your very first home or buying your fifteenth home, there are things that need to be considered in the process. First time home buyers, especially, may not think about some of these things and may end up in trouble down the road, with higher monthly payments, or ...
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