Voluntary agreement to the price and terms of an offer, which creates a contract. For example, upon communication of the seller’s acceptance of the offer back to the buyer, a real estate sale agreement becomes a legally enforceable contract. The offer is not a...
FAR/FSI determines the purpose and character of a neighborhood, but it’s not widely understood, even by real estate professionals. It’s one of those terms I used to pretend to understand when it was dropped into a discussion, always nodding knowingly while...
…a state that’s home to one of the world’s most expensive cities, shockingly. Zombie foreclosures usually occur in areas with extremely low property values, so it’s extra surprising when they occur in pricey zip codes. That’s why...
… not California or Florida! If you’re one of the billions of readers of this blog, you may know the answer, since I’ve discussed this before; however, if you’re one of the one or two people on earth who don’t read my articles, I’ll help you out. You’d...
… in a state you might not expect. This is a state with the highest property values in the nation, so it’s extra surprising that this state also has the lowest effective property tax rate nationally. If you guessed California, you’re 100% wrong!...
