Real Estate Insider Tips [Procuring Cause]

Mar 16, 2020 9:20:36 AM / by Mark Gorman posted in real estate, buyer's agent, commission, homebuyers, dual agency, representation, listing agent, selling agent, home showings, disclosure, negotiation, procuring cause, home tours

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"Procuring cause" is a real estate term which agents, brokers and sometimes buyers use to determine who will receive the commission on a house sale. It is widely identified by the specific tasks performed by a real estate agent which lead to an accepted purchase contract and successful sale of real estate.  

In many cases, the "procuring cause" task could be identified as the first showing of a house by a real estate agent which a buyer purchases. "Procuring cause" could also be construed to mean the task of writing and negotiating the purchase offer. Since there is no hard and fast rule as to what specifically triggers "procuring cause", its easy to see how this situation can get tricky.

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How to avoid COVID-19 in Real Estate

Mar 13, 2020 8:58:11 PM / by Brett O'Daniell posted in house hunting, home search, buying a home

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Like you, we have spent the last several days and weeks learning about the coronavirus (COVID-19) and how it is impacting our world.  We are closely following the  Centers for Disease Control's (CDC)  guidelines and recommendations on the steps we can take to help prevent the spread of the virus. Here are some highlights per CDC guidance:
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The 2020 Guide to an Energy Efficient Home

Mar 12, 2020 7:20:08 PM / by Brett O'Daniell posted in maintenance, summer, income, utilities

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Energy Efficiency

energystar.gov: Use this site for information on clothes washers, refrigerators, dishwashers, room air-conditioners and other appliances with the Energy Star® label. There is also a search tool for locating stores that sell EnergyStar in your area of the country.

homeenergysaver.lbl.gov: The Home Energy SaverTM is an Internet-based tool for calculating energy use in homes. It is designed to help you identify how best to save energy and find the resources to do so. It is sponsored by the U.S. Department of Energy (DOE) and the Environmental Protection Agency.

eren.doe.gov: The Office of Energy Efficiency and Renewable Energy within DOE developed a very helpful “Energy Saver Guide” outlining basic steps on how to make your entire home as energy efficient as possible — from top to bottom.

What we do?

HomeTraq provides you with the superior home-hunting experience. Create a free account and tour any home within 3-5 minutes. A realtor will meet you there. No commitment. No payment. No obligation.

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Real Estate Master Terms [Home-Buying Guide]

Mar 10, 2020 4:20:50 PM / by Brett O'Daniell posted in home shopping, real estate, house hunting, home purchase

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The Essential Credit Check-List

Mar 6, 2020 12:03:35 PM / by Brett O'Daniell posted in Mortgage, Lending, Home Loan, Credit, credit profile, buying a home

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The essential credit check-list for boosting your credit.


When it comes to obtaining the best interest rate and terms on a mortgage, good credit is critical. If you’re thinking about buying a home, the first thing you should do is ensure your credit score is in tip-top shape before you explore financing options.

 

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Handling The Home-Inspection [8 Pro Insights]

Mar 4, 2020 2:00:51 PM / by Brett O'Daniell posted in real estate, home inspection, homebuyers, housing market, homes for sale, selling agent, home tours, homebuying, selling home

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Mortgage Shopping List [Pro Edition]

Mar 3, 2020 5:38:21 PM / by Brett O'Daniell posted in Mortgage, Home Loan, house hunting, STL

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HomeTraq provides free resources, education, and training for home-buyers, home-sellers, realtors, and lenders. In this post we wanted to outline the must-know resources on your home-hunting journey. 

Below you will find all the relevant organizations and government websites that will greatly enhance your home-hunting experience.


va.gov:
The website for the Veterans Administration (VA) includes information and eligibility requirements for the agency’s loan programs.

hud.gov: The website for the U.S. Department of Housing and Urban Development (HUD) provides information on the Federal Housing Administration (FHA) mortgage product and extensive background material on the homebuying process.

rurdev.usda.gov/rhs: The site of the Rural Housing Services within the U.S. Department of Agriculture provides information on their mortgage loan programs.

ncsha.org: The website of the National Coalition of StateHousing Agencies provides a directory of State Housing Agencies.

mbaa.org: The Mortgage Bankers Association of America is the trade group
for mortgage bankers. Its site includes some basic consumer information on the mortgage process.

namb.org: The National Association of Mortgage Brokers is a trade group. Its site includes a search feature to locate members in your area.


HomeTraq provides you with the superior home-hunting experience. Create a free account and tour any home within 3-5 minutes. A realtor will meet you there. No commitment. No payment. No obligation.

SEE HOMES NOW

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6 Signs You MUST Find a New Realtor [UH-OH!]

Mar 2, 2020 2:33:48 PM / by Brett O'Daniell posted in home shopping, home search, real estate agents, real estate agent, realtor, selling agent, homebuying, selling home

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Buying or selling a home can be a stressful and worrying time. Here at HomeTraq we want to make sure you are given the options of the best people to get the job done but what are the signs that it may be time for a new agent?

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The App That is Changing The Real Estate Industry

Feb 28, 2020 7:03:50 PM / by Brett O'Daniell posted in real estate, housing market, buying a home, selling home, innovation

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Viewing a property can take longer than expected with balancing your schedule and the agents schedule, HomeTraq is designed to streamline your experience so to work for you!
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Is 2020 The Perfect Time to Buy a House? [3 Reasons Why]

Feb 25, 2020 3:25:39 PM / by Brett O'Daniell

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Buying a home can be extremely exciting but also a terrifying prospect as this could be one of the most important investments in your life. There will always be some risk however these are 3 signs to limit that risk and make sure you are making a good investment.

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