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Hi, I'm Stephanie Passman. Welcome to my blog, where you'll find the latest videos, good news about my clients, testimonials and articles I've written.-
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Category Archives: Buying Process
Market Letter – Create Inventory with Contingencies – Part 3
Here’s the conclusion of my article about buyer and seller contingencies in sales contracts. These are contracts contingent on buyers selling their existing home and sellers finding a suitable replacement home. This is the mark of a normal housing market, … Continue reading →
Posted in Buying Process, Selling Process
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Tagged buyers, contingencies, home search, housing market, sellers, writing offer
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Market Letter – Create Inventory with Contingencies – Part 2
Here is Part 2 of my article on restoring a normal housing market – and increasing the inventory for sale – by returning to contracts with buyer and seller contingencies. These are contracts contingent on buyers selling their existing home, … Continue reading →
Posted in Buying Process, Selling Process
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Tagged buyers, contingencies, home search, housing market, sellers, writing offer
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Market Letter – Create inventory with Contingencies – Part 1
I just sent my client letter out talking about the lack of inventory and how we need to use contingencies in contracts more – which was a common feature of the “normal” housing market we’re trying to return to. The … Continue reading →
Posted in Buying Process, Selling Process
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Tagged buyers, home search, housing market, sellers, writing offer
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Don’t Ignore Flood Zones in Your Home Search
I just sent this update to all my clients, with my thoughts regarding flood zones and flood insurance. There’s been a lot of activity around flood insurance regulation nationally in the last year, and I’m finding that sometimes clients decide … Continue reading →
Posted in Buying Process, Housing Market
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Tagged analysis, buyers, Florida, housing market
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Things to consider with FHA and VA
The FHA loan is often great for first-time buyers and others who can’t put 20% down on a transaction, but it has one great pitfall, which is the FHA inspection. FHA, and VA also, insist on a home being in … Continue reading →
What Does Active With Contract Mean?
Q. A client recently asked me what “Active With Contract” signified on a home listed for sale. A. In most cases a status of “active with contract” means the seller has accepted an offer, but is also entertaining backup offers. … Continue reading →
Hung by the Toes Until Creditworthy
When your offer on a home has been accepted and you begin the delicate process towards closing, it is crucial to keep your credit picture unchanged. How crucial? Well, it’s enough to give you nightmares. I’m thinking of the young … Continue reading →
