31 Oct 2025
By RESCO Realty

What to Do If Your Home Appraisal Comes in Low

Home Buying Tips, ,
Home appraisals are a crucial step in the home buying process. It determines the property's fair market value and helps lenders decide how much money to loan for the purchase. Ideally, the appraisal matches or exceeds the agreed-upon purchase price. However, when the appraisal comes in lower than expected, it can cause stress for both buyers and sellers. Knowing how to handle this situation calmly and strategically is key to keeping the deal on track. Why Appraisals Come in LowA low appraisal can happen for several reasons. Sometimes, the market moves faster than the data appraisers use, especially in competitive…
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30 Oct 2025
By RESCO Realty

How to Negotiate Home Repairs After an Inspection

Home Buyer Tips, ,
A home inspection is one of the most important steps in the home buying process. It gives buyers a clear picture of the property's condition and can uncover issues that are not visible during a showing. From roofing problems to electrical concerns, an inspection helps ensure you know exactly what you are purchasing. However, once the report arrives, the next step, and negotiating repairs, can feel overwhelming. Reviewing the Inspection ReportWhen you receive the inspection report, take time to review it carefully with your real estate agent. Not every issue requires a repair or credit request. Focus on major concerns…
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29 Oct 2025
By RESCO Realty

What Happens If a Seller Backs Out of a Deal

Home Seller Tips, ,
Buying a home is an emotional and financial journey, and most buyers expect the process to move smoothly once an offer is accepted. However, there are times when a seller decides to back out of the deal. This situation can be stressful, especially for buyers who have already started preparing for closing. Understanding your rights and the possible outcomes can help you respond calmly and confidently. Can a Seller Legally Back Out?Once both parties have signed a purchase agreement, the contract becomes legally binding. This means that in most cases, a seller cannot simply change their mind without valid legal…
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