Take a quick look at your email spam folder. If it’s anything like ours, you probably have at least a half-dozen emails...
Blog
When is it appropriate to rent back the property you are selling?
Imagine this scenario: You’re selling your house and purchasing another. You’re told you need to be out of your home by a...
Selling your home? Do you know your neighborhood’s absorption rate?
There are many things to consider when selling a home, but here’s a term that you may have never heard of: absorption rate....
Before making the big move, do your homework
Whether you’re moving down the street or to a new city or state, the physical act of moving can be stressful and, at times,...
Be prepared to talk with your parents about selling the family home
Have you sat down and had “the talk” yet with your parents? No, not the talk about the birds and the bees. This...
Olear Makes It Clear – Episode 23 – VA Mortgage
VA Mortgage: A VA (Veterans Administration) mortgage allows active service members, veterans and surviving spouses to receive backing for home financing that takes the form of guarantees by the Veterans Administration. Benefits can include a more favorable mortgage term, zero downpayment and more!
Olear Makes It Clear – Episode 22 –Short Sale
Short Sale: This occurs when a homeowner sells a property for less than what is currently owed on it, which can result in a...
Olear Makes It Clear – Episode 21 – Rights of Survivorship
Rights of Survivorship: This is used when two or more people purchase a property together in their individual names,...
Olear Makes It Clear – Episode 20 – Rate Lock
The rate local allows the mortgage borrower to secure a guaranteed interest rate for a set period of time so they know what...
Take a good look — inside and out — before buying
Olear Makes It Clear – Episode 19 – Quitclaim Deed
Quitclaim Deed: A quitclaim deed is a legal instrument used to remove someone from ownership of a specific property while...
Olear Makes it Clear – Episode 18 – Homeowner’s Association
Homeowner’s Association: Also referred to as an HOA, the homeowner’s association provides organizational structure and sets...
Is a condo or a townhouse the right move for you?
In this business, we often run across people who use the words condo and townhouse interchangeably. Well, that would be incorrect. Basically, a condo is the interior space of a housing unit that may also include a porch, while a townhouse includes exterior surfaces and the land the dwelling is built on.
Olear Makes It Clear Episode 17 – Planned Unit Development
Planned Unit Development: This refers to a housing community made up of a variety of styles such as condos, townhouses,...
Keeping older adults safe at home
It’s a fact: The older we get, the more likely we are to suffer a fall in the home. Additionally, falls are the leading...
Olear Makes it Clear – Episode 16 – Easement
An easement on a piece of property grants another person or entity the right to utilize a portion of the same property for a specified purpose.
Olear Makes it Clear – Episode 15 – Chain of Title
Chain of Title: When a property is being sold, it’s required to establish chain of title, or documentation showing all previous ownership of that parcel of property.
Is having multiple executors a good idea?
When someone passes away and has a will, one of the first questions to be asked is, “Who is the executor?” While being...
Olear Makes it Clear – Episode 14 – Annual Percentage Rate
Annual Percentage Rate: Also known as the APR, the annual percentage rate is the amount the borrower is charged by the lender over the life of the loan.
Olear Makes It Clear – Episode 13 – Acceleration Clause
Acceleration Clause: Often added by a prospective purchaser to their offer when competing with other potential buyers for...
That time I almost got arrested before the final inspection
No matter what career you have chosen, we all have that one day that will forever stick in our mind. Mine had to do with...
A short sale can be a good buying opportunity, but…
A short sale — an alternative to foreclosure — can be a good buying opportunity, but if you choose to pursue this method of...
Olear Makes It Clear – Episode 12 – Competitive Market Analysis
Appraisal: A property appraisal is done by an individual licensed by the government who has passed significant specialized...
Olear Makes It Clear – Episode 11 – Appraisal
Appraisal: A property appraisal is done by an individual licensed by the government who has passed significant specialized...