Answers by Amanda Courtney

No contingency usually means that a sale is being made without any conditions or requirements that must be met before the sale can be completed.

The wrong fans are outdated. Those clunky builders-grade fans with the fake wood blades and three glass lights? Yes, get rid of them. But modern, sleek ceiling fans are absolutely still desirable, especially in warmer climates. They lower energy bills and keep air moving. It is a functional necessity, not just decor.

They can’t do repairs, open walls, move heavy furniture, or guarantee future conditions. They report visible issues only.

A broker is licensed to run a real estate business and oversee agents. Pay varies, but brokers may earn more because they also receive a split from agents.

If the sale doesn’t cover loans/fees, you’ll need to bring funds to closing or negotiate options (like lender approval/short sale)

No. Contact a realtor first so you don’t waste money. We’ll tell you what’s worth doing and what isn’t.

Sometimes, yes. It can reduce surprises and make negotiations smoother, but it depends on your home, budget, and market.

Sometimes, yes. It can reduce surprises and make negotiations smoother, but it depends on your home, budget, and market.

Keep it short and focus on the home, not personal details. Many areas discourage these due to Fair Housing concerns, so ask your agent first.

I don’t recommend it. Selling/buying requires fast communication and availability. Delays can cost you money.

You need the legal authority to sell (probate, trust, executor/personal rep). Title and timelines can be more complex, so it’s important to work with a good title company and agent.

It is possible, but it is extremely stressful. Most landlords and management companies need time to process applications, check credit, and verify income. Two weeks is cutting it very close. If you are in this spot, you need to be "application ready." Have your pay stubs, bank statements, and ID ready to go today. When you see a place you like, apply immediately. You don't have the luxury of "sleeping on it" with that timeline.

It means you have the leverage. There are more buyers than there are houses. In this market, you dictate the terms: you get higher prices, multiple offers, and buyers willing to waive inspections just to get a contract signed.

No. That is a strategy for failure. If you overprice to "leave room for negotiation," you just help sell your neighbor's house. You will miss the initial wave of excitement, the listing will go stale, and you will eventually sell for less than if you had priced it correctly from day one.

Focus on safety and major systems first: roof, electrical, plumbing leaks, HVAC, structural, mold/moisture. Cosmetic items are optional, and credits can be a good alternative.

Only if yours are outdated or not working. New appliances can help buyer appeal, but usually don’t return full cost—presentation and major systems matter more.

Yes, if it’s functional and placed conveniently (like near bedrooms). Value depends on quality, permits, and the local market.

Ask about pricing strategy, marketing plan, local track record, negotiation approach, communication style, and fees/services included.

Yes. They are two separate deals. You pay "seller costs" to close out your old loan and transfer the deed. You pay "buyer costs" to get your new loan and set up your new escrow account. There is no discount for doing both at once.

Sellers pay: Real estate commissions (the big one), deed transfer taxes, and the owner’s title policy. Buyers pay: Lender fees, appraisal, and pre-paids (taxes and insurance upfront).

The title doesn't matter; the track record does. A Broker has a higher license level and can own a firm, but that doesn't make them a better salesperson. I know agents who out-sell brokers 10 to 1. Hire the person with the hustle, not the fancy title.

NACA (Neighborhood Assistance Corporation of America) is a homeownership program that helps buyers qualify for loans with no down payment, no closing costs, and no private mortgage insurance. It’s designed for buyers with low to moderate income and focuses on affordability rather than credit score alone.

This is a common strategy. Many buyers choose to buy now so they do not miss out on a home they love, then refinance if rates drop later. Just make sure the monthly payment you start with is still comfortable.

Offering a home warranty (typically $500–$700) is a high-ROI move in 2026, especially if your appliances or HVAC are older. It provides Seller Coverage while listed—protecting you if the AC dies during a showing—and gives buyers "budget peace of mind" for their first year. It often prevents small inspection findings from turning into large cash credit demands.

Contingent means an offer has been accepted, but the sale depends on certain conditions being met, such as financing, inspection, appraisal, or the buyer selling another home.

It generally lasts 60 to 90 days. If you haven't bought a house by then, your lender will just need to pull your credit again and verify your latest bank statements to refresh it.

Keep your final Closing Disclosure and deed permanently. For all other paperwork (like tax-related receipts and contracts), hold onto them for seven years to protect yourself in case of an IRS audit.

It can, especially in warmer climates like Florida where pools are in demand. However, the value increase depends on the neighborhood and the pool’s condition. In many cases, it helps your home sell faster rather than significantly boosting the appraised value.

No. Sump pumps are mainly needed in areas with basements or high water tables where groundwater intrusion is common. Many homes do not need them.

Options include a renovation loan (like FHA 203(k) or conventional renovation loans), a HELOC, cash-out refinance, or private/hard money loans (investor-focused). Best choice depends on your timeline and credit.

Most offers set their own response deadline. If there is no deadline written in, sellers often respond within 24 to 48 hours. It depends on the market and how quickly decisions need to be made.

Escrow is a neutral third party that holds money and documents during a real estate transaction to ensure all contract terms are met before funds and ownership are transferred.

It depends. The sale itself is not automatically taxable, but capital gains tax may apply based on how the property was acquired by the trust, its basis, and whether it qualifies for step-up in basis.

Land can be a strong long-term investment, especially in growth areas, but it typically does not produce cash flow and may carry holding costs like taxes and maintenance.

They can be, depending on energy costs, incentives, roof age, and financing terms. Owned systems add more value than leased panels, which can complicate resale.

If the shed is permanently affixed, it’s typically included in the inspection. Portable or non-permitted sheds may be excluded unless specifically requested.

If the shed is permanently affixed, it’s typically included in the inspection. Portable or non-permitted sheds may be excluded unless specifically requested.

Sometimes. Options may include grandfathering, school choice programs, or hardship exemptions, but placement is ultimately decided by the school district.

Lenders usually require it to be documented either as a formal loan with repayment terms or as a gift with a signed gift letter. Undocumented funds can delay or deny approval.

Not at all. Many clients ask about commission and it is a normal part of the conversation. A good agent will explain what is included in their service and help you understand the value you are getting.

The total percentage is driven by the level of service you require and the current inventory levels. A full-service agent charging 2.5% to 3% typically includes high-end videography and staging, which are essential for a fast sale in 2026. If your home is in a high-demand "hot zone" where homes sell in days, you have significantly more leverage to negotiate a lower rate with your listing agent.

Look for new infrastructure, commercial development, rising home values, improved schools, and increased demand with lower inventory. Zoning changes are also a key indicator.

Yes, but it depends on market conditions and loan type. In a strong seller’s market this is more common, while buyers often negotiate credits in slower markets.

There’s no legal minimum, but staying at least two years can help avoid capital gains tax on a primary residence and offset transaction costs.

When the numbers make sense. Focus on cash flow, long-term appreciation, financing terms, and your ability to hold the property through market cycles, not just timing the market.

Follow the 28/36 Rule. 28%: Your total monthly housing payment (Principal, Interest, Taxes, Insurance) should not exceed 28% of your gross (pre-tax) monthly income. 36%: Your total debt—housing plus car loans, student loans, and credit cards—should not exceed 36% of your gross income. Extra Tip: In 2026, lenders are more flexible (sometimes up to 45%), but sticking to 28/36 ensures you aren't "house poor."

Yes, you can submit a backup offer. This means if the current contract falls through, your offer automatically becomes next in line. It’s a good strategy when you really love a property but it’s already under contract.

VA loans are backed by the Department of Veterans Affairs for eligible military buyers. Benefits often include $0 down, no PMI, and competitive rates. The home must pass a VA appraisal and meet basic property condition guidelines.

Yes — if it’s discovered during the inspection/due diligence period. You can negotiate repairs, credits, or price reductions based on what the inspection reveals.

You qualify for homes within your local program’s payment limits, and the home must pass inspection and meet voucher requirements. Your housing authority can provide the exact price/rent limits for your area.

Cash offers are stronger and can close faster, often with better negotiating power. But don’t drain all savings — keeping liquidity for repairs and reserves is smart.

For the absolute highest price, list your home in May to capture the peak "family move" migration. To ensure the fewest complications and less competition, aiming for early March is superior as you get ahead of the spring inventory surge. Always aim to go live on a Thursday morning to maximize weekend showing traffic and secure a decision by Monday.