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General Home Buying and Selling Questions

General Home Buying and Selling Questions

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FAQs

What is a "listing agreement"?
If a home buyer makes an offer on a house, is she bound to it? If a home seller accepts an offer, can he change his mind?
What happens after a buyer and seller agree on a price for a home?
What is a "contract"?
If the inspection is not satisfactory, can the buyer back out of the deal?
Do You Need a Lawyer on a Purchase and/ or Sale of a Home or Real Estate?
What happens at the "closing"?
What are "title insurance" and "mortgage insurance", and are they necessary?
What if there are problems found with the house after the closing?
What is the first thing I need to do if I am buying or selling a house?
What are some things a seller should look out for when dealing with the sale of a house?
After looking for months, we finally found a home we could afford. Unfortunately, the home inspection revealed a number of defects that weren't apparent at the time we agreed to buy the property. While we have the right to walk away without penalty, we prefer to work out a solution. What are some of the options?
Is it a good idea to close escrow while there is a tenant in the property that is currently being evicted?
Can a listing agent continue to show homes even after it's under contract, approved, and a closing date is set?
I own a property site with my sister who is living in it rent-free. She is not interested in purchasing my half. I'm not getting any use or value from the property as is. What are my options?
I live in a state that permits real estate agents to prepare purchase contracts for their clients. Under what circumstances should I consider having an attorney eyeball the purchase transaction?

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