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Have you seen some of the internet stories that claim it’s possible to buy a home with cryptocurrency? These interesting tips and suggestions are given by folks trying to sell and promote cryptocurrency. The truth of the matter is that you currently cannot purchase real estate in Texas with any currency other than U.S. dollars.…
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Sellers are picky about their buyers — as they should be. Savvy sellers evaluate potential buyers to ensure they have the funds and ability to actually purchase the property before entering into a contract. So how picky should a buyer be about the seller? After all, most buyers fall in love with a home, not…
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When a property is changing hands and it is part of a mandatory property owner’s association, there are typically fees paid to the association linked with the transfer of the property. Until now, it was a challenge to find out those exact fees until the property was already under contract. That often created a surprise…
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An appraisal contingency and the results from waiving that contingency are often misunderstood. A lot of buyers and sellers gloss over the appraisal requirement in their contract to their detriment. If a buyer is getting a mortgage loan to purchase a property, the contract likely contains a condition that their lender must approve an appraisal…
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Let’s start by pointing out that the real estate market is like the weather. It is very localized. It changes like the seasons. And it can often be unpredictable. Stormy skies today may be sunny tomorrow. And just because it is raining in Houston doesn’t mean it is the same in Austin. The year 2021…
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