Image by Burst from Pexels Once you and the seller agree on a price for the seller’s property, you must sign a purchase agreement. Because a contract has to have consideration to be considered valid, buyers put down “good faith money,” which is held in escrow by an attorney, real estate broker or a title company. This could...

No matter what your age, buying a new home symbolizes the beginning of a new chapter in your life. It's an exciting event, whether you're a first-time home buyer or a retiree looking to downsize. When you stumble upon a house in your price range that has the features and characteristics you've been searching for, it can be a...