Real Estate Term Tuesday

Real Estate Term Tuesday: Closing Costs
Closing Costs In addition to the purchase price and home inspection (approximately $500), it's important to remember that as a Wisconsin home buyer, you will need to pay a portion of the closing costs. Please keep in mind that some of these costs vary, but when budgeting you can estimate between $...
Real Estate Term Tuesday: Home Warranty
Home Warranty- Take it or Leave it? Whether you are a buyer or a seller, checking out home warranty options is worth a few minutes of your time. There are a number of home warranty options, this post will be highlighting Universal Home Protection as it is one of the better known companies in the...
Real Estate Term Tuesday: Bill of Sale
Real Estate Term Tuesday: Bill of Sale When purchasing a home, there may be items that you would like to stay with the property that don't qualify as fixtures . Some common examples are grills, lawn mowers, snow blowers, boats, pool tables, and ping pong tables. If you had your eye on the pool...
Real Estate Term Tuesday: Radon
Real Estate Term Tuesday: RADON If you are buying or selling a home in Wisconsin, you will undoubtedly come across the term "Radon" at least once. As Jennifer Lindsley explains in the Real Estate Sales Course Book, "Radon is an odorless radioactive gas that can enter a home through cracks in a...
Real Estate Term Tuesday: Fixture

Have you ever walked through a home and wondered if the curtains will stay with the house when you move in? What about the TV mount on the wall? Don't forget about the electric fence for the dogs! Some items are considered fixtures and thus, part of the home. If you're selling a home, be...
Real Estate Term Tuesday: Earnest Money

What is earnest money?

Earnest money is similar to a security deposit- it shows the sellers that you are serious about purchasing their property. Without earnest money, you could write offers on multiple properties at the same time.

How much earnest money...

Real Estate Term Tuesday: MLS

What is the MLS?

The MLS (Multiple Listing Service) is an online database and a valuable tool for buyers, sellers, and real estate agents to access up to date information about properties. Different regions use different MLS systems. For example, properties...