Our real estate agents strive to make the process of closing on Albany homes for sale simple. With personalized advice and local market insights, finding the perfect home is much easier. Still, the more you know about the buying process, the better. Making informed decisions every step of the way will help you get a terrific value on a home that truly meets your needs.
One question our team gets often is about earnest money. Earnest money is a deposit that demonstrates a prospective buyer is serious about moving forward with a transaction. This deposit is only made once the buyer has decided to purchase a home. It covers the cost of the seller's inconvenience if things change at the last minute.
Like any deposit, the person who puts the money up is ultimately expected to get it back. In this case, earnest money typically becomes part of the down payment once the contract is executed. The buyer and seller can agree on several situations where the would-be buyer will get the money back even if the transaction doesn't go through. For example, there can be an agreement that certain problems discovered in the home inspection would allow the buyer to cancel.
However, it is possible to lose earnest money. In fact, it is easy to make a mistake that can cost thousands. To protect your interests, keep these important tips on earnest money in mind.
If wine improves with age, do we improve with wine? Explore the answer to that question on Tuesday, February 18, National Drink Wine Day, with a visit to one of these delightful Capital Region wine bars recommended by our real estate agents.
With Valentine's Day right around the corner, many men and women will be faced with a decision — do you get the one you love flowers or chocolate? Our real estate agents have a simple solution: get them both! A fresh bouquet of flowers paired with a delectable box of chocolates creates an unforgettable gift that your special someone will love. Best of all, the variety of chocolate and bouquets available lets you customize each gift set for your family members, friends, and loved ones. Visit these Capital Region florists and chocolate shops to make Valentine's Day extraordinary.
Every year one of the much-awaited, trendsetting moments for the design world is the announcement of Pantone's Color of the Year. And this year's color definitely deserves all the attention. Pantone's Color of the Year for 2020 is Classic Blue. Unlike some previous Colors of the Year (we're looking at you, Living Coral and Ultra Violet), Classic Blue offers a timeless look, versatility, and universal appeal. Our real estate agents often recommend clients do some repainting and depersonalization to make your home appealing to as many buyers as possible. And this year's Classic Blue is a color you can use with confidence. Here are some suggestions, room by room.