Real Estate: Information Overload

In the age of the internet, it’s very easy to have information overload.  It’s definitely true in real estate.  There are over 800 single family homes for sale in Johnson County right now; 211 in Overland Park alone.  Inventory is relatively low, but that’s still a lot of houses.  So, it’s very easy to spend …

10 Things Home Buyers Should NEVER Do

Qualifying for a mortgage often requires some very specific criteria.  And any time you make changes to your financial situation, your ability to qualify can change.  That’s why it’s crucial to be careful regarding your finances throughout entire processes of buying a home.  This includes from the time you receive your loan approval, all the …

What’s Included in the Sale of a House?

Whether you’re buying or selling real estate, how do you know what’s included in the sale of a house? Presumably, you’re buying or selling the house itself and the land on which it sits. But what about the fancy refrigerator, home theater, or smart thermostat? It depends. Typically, anything “permanently attached” should stay. However, it …

What’s An Escalation Clause and Why Are They Important?

What’s An Escalation Clause? The greater Kansas City metro is still a seller’s market. Currently, it’s still very common for sellers to receive multiple offers on their house. When that happens, it’s common to see offers that include an Escalation Clause, also known as an Escalatory Addendum. Simply put, an escalation clause states a buyer …