EXISTING CONSTRUCTION TYPES
STANDARD SALE - Private seller owns home currently. The buyer reserves right to home inspection and ability to negotiate terms of home inspection.
SHORT SALE - A short sale is a sale of real estate in which the sale proceeds fall short of the balance owed on the property's loan. It often occurs when a borrower cannot pay the mortgage loan on their property, but the lender decides that selling the property at a moderate loss is better than pressing the borrower. Both parties must consent to the short sale process. It allows the seller to avoid foreclosure, which involves hefty fees for the bank and poorer credit report outcomes for the borrowers.
FORECLOSURE - Bank Owned Property that is auctioned on the court house steps after the seller fails to pay the mortgage note.
REO - Real Estate Owned Property is a Foreclosure that did not sell in auction on the court house steps and now the property is listed for sale by a broker.
NEW CONSTRUCTION TYPES
INVENTORY HOME - A "Move In" ready home that is already built
TO BE BUILT (TBB) - A vacant lot that allows you customize which floor plan you would like to build, options and colors
BUYER RESOURCES
Moving.com
Eight steps to buying your home
Deciding how much house you can afford
Creating your home wishlist
Location, Location, Location
Opting for new home construction
How can a real estate agent help me?
Eight important questions to ask your agent
Mortgage Calculator
Contact us about buying a home
Links to third party web sites may be provided on this Keller Williams web site. If so, they are provided solely as a convenience to you. If you use these links, you will leave this Site. Keller Williams has not reviewed any third party sites and does not control and is not responsible for any of these sites or their content. Keller Williams does not endorse or make any representations about such sites, or any information or materials found there, or any results that may be obtained from using them. Keller Williams does not endorse, does not make any representations regarding, and is not responsible for, any products, actions or policies (including, but not limited to, any privacy policies or customer relations policies) of any third parties. If you access any third party sites linked to this Site, you do so at your own risk.
