Tag: HomeBuyer

HOME: Offer accepted; What happens next?

| February 18, 2019

Your offer to purchase a property was accepted by the seller and you are wondering what your commitments are. If your agent has used TREC One to Four Single Family residential contract, you have to full fill two financial obligations in order to avoid a breach of contract. ONE Pay option money (OM) TWO Pay …

Buying a NEW HOME: Do I need a real estate agent?

| February 11, 2019

The answer is probably no if you are buying your fourth or fifth new home. A new home purchase is a complex process involving many entities like the builder, designer, architect, lender, title company and inspectors. The onsite sales representative/counselor is an employer of the builder, and his/her loyalty is only to his employer NOT …