Foreclosure, Short Sale, and REO Listing are all terms that commonly found on real estate listings and are assumed to be similar, but are actually quite different. A real estate foreclosure is the forced sale of a property by a mortgage lender resulting from the default of the borrower on the loan payments or other […]
Our Houston real estate buyer agent services are free!
Houston Prime Realty offers its real estate buyer agent services to Houston real estate buyers for free. They are also free to Cypress real estate buyers and Katy real estate buyers. They are actually free to any buyer we agree to represent in any area of Texas that we service. Houston Prime Realty is a […]
Top Houston real estate agents use Centralized Showing Service
Sellers and Listing Agents Benefit from Centralized Showing Service Top rated Houston real estate agents use Centralized Showing Service to better service their listings and improve their efficiency in serving buyers. Centralized Showing Service is commonly known as CSS. It provides Houston real estate listing agents a way to outsource their appointment scheduling and feedback […]
What is a financing contingency in a home purchase contract?
Credit Approval A financing contingency allows a home buyer to terminate the purchase contract and receive a refund of their earnest money if the buyer is unable to obtain mortgage financing credit approval within a defined period of time. The contingency period is negotiated between the buyer and seller and usually lasts between 7 and […]
What is a MLS or Multiple Listing Service?
A Multiple Listing Service, commonly referred to as a MLS, is used by real estate brokers to market their listings to other real estate brokers. A real estate broker who belongs to a MLS submits their listings to the MLS and offers a commission to any MLS member agent that submits an acceptable offer that […]
What is a Realtor?
A REALTOR is a real estate agent or real estate broker who is a member of the National Association of Realtors. All Realtors are real estate agents or brokers, but not all real estate agents are Realtors. Realtors agree to abide by the National Association of Realtors Code of Ethics and Standards of Practice. Real […]