Buying a House

What is Escrow?

Home purchases are usually an expensive process for many people. In most cases, they need to have enough money saved for their down payment, monthly mortgage payments are regular utility bills. This is in addition to their other regular expenses. Escrows are another common home-buying expense. The escrow amount can vary depending on the sale

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Selling a House

What Do You Pay When Your House Is Sold?

Home sellers have a lot of work to do. They need to list and market their property. Sellers may be getting their houses ready for open house showings while they’re starting to research homes and neighborhoods that they would consider living in. Even though most sales result in a profit, there are some costs that

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Market Report

Frisco Real Estate Market Report – April 2021

Welcome to this month’s Frisco, Texas real estate market report presented by  Rene Burchell Realty Group. The spring buying season has seen prices for single-family homes climb and demand continue as buyers relocate from more restrictive states. How much have prices for single-family homes risen in the last year? Read this helpful report to get

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Buying a House

What Is Earnest Money?

The decision to purchase a home isn’t always easy. It usually requires thorough research on different homes and neighborhoods. A home is also a significant financial expense for many people. Homebuyers need enough money to be able to afford a down payment on the house that they want. They should also set aside funds for

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Selling a House

Is It Considered Income When You Sell A House?

Home sellers have a lot of things to consider. They need to determine a proper asking price for their house. Sellers start preparing their home for open house showings usually while they’re thinking about where they want to live next. There are certain tax benefits associated with the sale of a home. The exact benefits

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