26 Feb 2025
By RESCO Realty

Understanding the Risks of Buying a Home With a History of Termite Infestation

Home Buyer Tips, ,
Buying a home is one of the biggest investments you’ll ever make, and discovering that a property has a history of termite infestation can be a major red flag. However, this doesn’t always mean you should walk away. Understanding the risks, potential costs, and ways to protect yourself can help you make an informed decision. What Are the Risks? Structural Damage: Termites feed on wood, and if an infestation went undetected for a long time, it could lead to significant structural issues. Damage to load-bearing beams, flooring, and walls can compromise the integrity of the home. Recurring Infestations: Even if…
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25 Feb 2025
By RESCO Realty

Understanding the Process of Selling a Home Through a Lease-Purchase Agreement

Home Buyer Tips, ,
Selling a home through a lease-purchase agreement can be a great option for both buyers and sellers, offering flexibility and potential financial benefits. Whether you’re a homeowner looking for alternative selling strategies or a buyer who needs time to secure financing, understanding how this process works is key. What Is a Lease-Purchase Agreement? A lease-purchase agreement, also known as a rent-to-own contract, allows a tenant to lease a home with the option to purchase it at a later date. Unlike a standard rental agreement, a portion of the tenant’s monthly rent may go toward the future purchase of the home,…
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20 Feb 2025
By RESCO Realty

How to Make a Winning Counter-offer Without Losing the Buyer

Home Buyer Tips, ,
Crafting a counter-offer that doesn't scare away a potential home buyer can be tricky. You want to maximize your sale price while still keeping the deal attractive enough for the buyer to stay engaged. A well-crafted counter-offer strikes a balance between protecting your interests and meeting the buyer's needs. The key is to approach negotiations strategically, ensuring that your counter doesn't feel like a rejection but rather a step toward a mutually beneficial agreement. Here are five tips to help you through the process while keeping the buyer interested: 1. Keep Emotions in Check Avoid letting your emotions drive the…
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