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June 2, 2015

Housing Market Culture Clash: “Greatest Generation” vs. Millennials

“Why Should I Help Pay the Buyer’s Closing Costs??” To the “Greatest Generation,” Millennials (roughly ages 18 to 30) can seem spoiled and irresponsible. To Millennials, the “Greatest Generation” — those who were alive during World War II — can appear stubborn and unreasonable. How does that generation gap play out in residential real estate deals?...
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Did a Previous Sale Blow Up on Inspection? Why You Can’t Necessarily Tell From MLS

“Now You See It . . . Now You Don’t” Once a “For Sale” home is under contract, the usual convention is to switch its MLS status from “Active” to “A,i” for “Sold, subject to inspection.”* That lets all other prospective Buyers know that there’s somebody ahead of them. So, what happens if the Buyer’s...
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