Contingency in the Real Estate Buying Process
Every real estate purchase is made with the involvement of a real estate contract, also known in residential real estate [...]
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When a Real Estate Contract Becomes Binding
At Topouzis & Associates, P.C., we understand that, for many potential parties to a real estate transaction, the nature of [...]
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The Mortgage Commitment Letter—and its Expiration Date
There are a number of steps to the real estate transaction process, which end with closing, which is where we [...]
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To Buy or Not to Buy: For Sale By Owner?
In the hunt for a home it is not uncommon for potential buyers to encounter a home that is for [...]
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Paying the Real Estate Agent—Whose Responsibility is It?
Real estate agents in all three of the markets we serve—Rhode Island, Massachusetts, and Florida—mention from time to time how [...]
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Whether or Not to Buy a Fixer-Upper Property
There are among the prospective buying set a certain subset of individuals who consider themselves handyman deal-hunters—those who will make [...]
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Where Prospective Buyers Sometimes Get it Wrong
Every real estate transaction is in some ways unique—as unique as the personalities of the buyers and sellers—but there are [...]
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Getting Familiar with the Real Estate Purchase Agreement
In every residential real estate transaction, before the parties can close they must enter into a real estate purchase agreement [...]
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Costs to Buy a Home Beyond the Down Payment—and Why They Are Necessary
Prospective homebuyers are sometimes surprised by the costs and fees that must be paid in addition to the down payment [...]
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Considering the Investors-Only Short Sale
Occasionally one will encounter a listing labeled an “investors-only” short sale. This can at times turn prospective home-buyers away, believing [...]
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What are Short Sales and How do They Affect Title?
When a home goes through a short sale, it generally indicates hardship for those on the selling end of the [...]
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What Are Some Potential Delays to the Mortgage Closing Process?
While it does take some time to close on a home under even standard circumstance.s—a scenario that we described in [...]
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