The current short supply of available homes coupled with low-interest rates has led to competitive bidding wars over properties. This sometimes prompts buyers to add an escalation clause to their offer on a house. What...
![Bidding war graphic with a home for sale sign. Shows concept of escalation clause and bidding war on a house with competing buyers.](https://www.houseopedia.com/wp-content/uploads/2021/09/Should-You-Bid-on-a-House-Using-an-Escalation-Clause-e1631304741382-770x360.jpeg)
The current short supply of available homes coupled with low-interest rates has led to competitive bidding wars over properties. This sometimes prompts buyers to add an escalation clause to their offer on a house. What...
When you close on the purchase of a new home, you’ll be issued a title insurance policy. What is title insurance, and why is it so important for you to have it? What is title...
When you’re searching for appliances for a new or remodeled kitchen, today you’ll find an array of new textures and colors. Let’s find the perfect appliance finishes for your dream kitchen. Not your grandmother’s refrigerator...
Across the country, a shortage of houses for sale coupled with strong demand has led to homes selling mere days after going on the market. Often these houses receive multiple offers and sell well over...
Having clear title to a property is a crucial part of any transaction between buyers and sellers. What does it mean to have clear title, and why is it important? Definition of clear title A...
When you are buying or selling a home, do you need a real estate attorney to help with the transaction? Your state may not require one and you may not want to spend the money....
We’ve all heard the saying that “cash is king.” That’s especially true in real estate, where cash deals are super-attractive to sellers because they are generally a sure thing. But what if you can’t pay...
Buyers can get real bargains by buying foreclosed homes from the Department of Housing and Urban Development (HUD). Educate and prepare yourself with our guide to buying a HUD foreclosure. What are HUD homes? When...
Even in a so-called sellers market, it can still be a good time to purchase a home. Here’s why. Are You a Renter? If you’re currently a renter, you’ll likely face an increase in rent...
Buying a home will likely be the biggest investment you ever make. So it makes sense to take the time to understand the fine print in the long and confusing real estate contract. A good...