Author: Johell

What Is Under Contract vs Pending?

By

Quick Answer: What Is Under Contract vs Pending? When it comes to real estate, many buyers and sellers wonder, “What Is Under Contract vs Pending?” These two terms describe different stages of the home-buying process. A property listed as “under contract” means the seller has accepted an offer, but certain conditions—like inspections, financing, or appraisals—still … Continued

What Is the Collateral in a Blanket Mortgage?

By

Quick Answer: What Is the Collateral in a Blanket Mortgage? What Is the Collateral in a Blanket Mortgage? Simply put, the collateral is all the properties covered under the loan agreement rather than just one. A blanket mortgage is often used by real estate developers or investors who own multiple properties, allowing them to finance … Continued

What Do Surveyors Use?

By

Quick Answer: What Do Surveyors Use? What Do Surveyors Use? Surveyors rely on a mix of traditional tools and advanced technology to measure land, map boundaries, and ensure construction accuracy. Classic instruments like measuring tapes, levels, and compasses still have their place, but modern surveyors often use GPS systems, total stations, and drones for precise … Continued

What is RESPA Section 8?

By

Quick Answer: What is RESPA Section 8? What is RESPA Section 8? It’s a key part of the Real Estate Settlement Procedures Act (RESPA) that prohibits giving or receiving kickbacks, referral fees, or unearned fees in real estate transactions involving federally related mortgage loans. In simple terms, it ensures that when you’re buying a home, … Continued

What Does Pending and Contingent Mean on Realtor.com?

By

Quick Answer: What Does Pending and Contingent Mean on Realtor.com? If you’ve ever wondered “What Does Pending and Contingent Mean on Realtor.com?”—here’s the scoop. A “contingent” status means the seller has accepted an offer, but certain conditions (like financing, inspections, or appraisal) must be met before the sale can move forward. Think of it as … Continued

What Happens After You Signed Closing Documents?

By

Quick Answer: What Happens After You Signed Closing Documents? What Happens After You Signed Closing Documents? Once you put your signature on those final pages, the transaction isn’t instantly finished—it enters its last phase. The escrow or closing agent reviews the documents, ensures all funds are properly transferred, and records the deed with the local … Continued

What Type of Email Communication Reaches Out to Former Clients?

By

Quick Answer: What Type of Email Communication Reaches Out to Former Clients? What Type of Email Communication Reaches Out to Former Clients? The answer lies in creating personalized, value-driven follow-ups that reconnect without feeling pushy. These emails often include thank-you messages, exclusive offers, helpful resources, or updates about your services. Instead of a hard sell, … Continued

What Does a Seller’s Agent Do?

By

Quick Answer: What Does a Seller’s Agent Do? What Does a Seller’s Agent Do? A seller’s agent, often called a listing agent, represents the homeowner’s best interests throughout the selling process. Their role includes pricing the property competitively using market research, staging and marketing the home for maximum visibility, and managing showings and open houses … Continued

What Are Family Bathrooms For?

By

Quick Answer: What Are Family Bathrooms For? What Are Family Bathrooms For? Family bathrooms are designed to provide convenience, comfort, and functionality for households with multiple members. Unlike traditional bathrooms, these shared spaces are larger and more practical, ensuring there’s room for parents and children to get ready without chaos. They often include features such … Continued

What Does Coming Soon Mean on Zillow?

By

Quick Answer: What Does Coming Soon Mean on Zillow? What Does Coming Soon Mean on Zillow? Simply put, it’s a preview feature that lets buyers see homes before they officially hit the market. When you ask, “What Does Coming Soon Mean on Zillow?”, it refers to listings posted by real estate agents that aren’t yet … Continued

What Happens to Escrow When You Sell?

By

Quick Answer: What Happens to Escrow When You Sell? When selling a home, many sellers wonder, “What Happens to Escrow When You Sell?” Escrow is essentially a neutral account that holds funds and documents until all conditions of the sale are met. Once the buyer’s financing, inspections, and title clear, the escrow company distributes the … Continued

What Is a Basement Lot?

By

Quick Answer: What Is a Basement Lot? A basement lot is a type of residential property where the main floor of the house is located below the street levNow let’s dive deeper.el, giving it the appearance of being “sunken” into the ground. If you’ve ever wondered What Is a Basement Lot?, it’s essentially a plot … Continued

What Is an Occupancy Agreement?

By

Quick Answer: What Is an Occupancy Agreement? What Is an Occupancy Agreement? In simple terms, it’s a legal document that outlines the rights and responsibilities of a person living in a property without transferring ownership. Unlike a lease, it usually covers short-term stays—such as when someone moves in before closing on a home, during renovations, … Continued

What Are Expired Listings?

By

Quick Answer: What Are Expired Listings? What Are Expired Listings? In real estate, expired listings are properties that were listed for sale but didn’t sell during the listing contract period. This usually happens when a property sits on the market too long, often due to factors like incorrect pricing, poor marketing, or limited buyer interest. … Continued

What Does Temp Mean on MLS?

By

Quick Answer: What Does Temp Mean on MLS? On the Multiple Listing Service (MLS), many buyers and sellers come across the question: What Does Temp Mean on MLS? In real estate listings, “Temp” stands for Temporarily Off Market. This status indicates that a property is not actively being shown or marketed for a period of … Continued