Buying a Home

An accessory dwelling unit (ADU) is a secondary residence that occupies the same property as a primary single-family residence. ADUs can be freestanding or attached to the main residence and cannot be sold separately. Depending on where you live in ...

Knowing how long it takes to buy a house can help set your expectations and minimize stress before you start your next real estate journey. One thing is sure: homebuying is not an activity that real estate professionals will tell you is geared for ...

Who Pays Closing Costs in California? Closing costs are a combination of service fees and taxes collected at the final stage of a real estate transaction. When you buy a home in California, several businesses and local government entities get ...

Most Realtors complete real estate transactions behind the scenes, only involving their clients when necessary. Realtors do this intentionally, as they understand that their clients hired them so that they need not be concerned with the day-to-day ...

“Active Under Contract” is a real estate term that indicates the status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not ...

If you’re a home shopper who’s made your way to this article, there’s a good chance you’ve already been pre-approved for a loan, searched houses online, viewed a few in-person, and narrowed down your choice to the home you ...

Realtors get paid on a commission basis, usually 5 to 6 percent of a home’s sales price, which is split between the listing broker and buyer's agent. Fees typically come out of the sellers’ proceeds while buyers generally pay nothing to ...

Real Estate FAQs As you might imagine, real estate agents field quite a few questions every day. People are naturally curious, and it’s an agent’s job to guide folks through the often-complex world of home buying and selling. You might ...

Active Under Contract The status of real property (single family home, condo, townhome, etc.) that has been put up for sale wherein a seller has accepted an offer from a buyer, but the deal has not yet closed. Adjustable-Rate Mortgage ...

What is a Home Inspection? A home inspection is an examination of a home for any structural or mechanical defects. They are carried out by professionally-certified inspectors, typically after an offer is made on a house that has been put up for ...

There’s no bigger emotional turning point in the home buying process than the moment a buyer makes an offer on a home. The transition from merely shopping to formally putting some skin in the game introduces higher levels of anticipation for ...