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Category Archive: FAQs

FAQ : What Is A Rent-Back Agreement?

FAQ : What Is A Rent-Back Agreement?
 OMG John 6/20/2018 10:36 AM
At most residential real estate closings, after all the paperwork is signed and the final transaction check has been handed over, the new buyer is handed a set of keys to their new home. It’s all theirs! They now have the right to move in and possess their new home. However, some closings do not end so neatly. From time to time in our experience dealing with the Omaha housing market, we’ve had to deal with a situation where the seller wants to remain in the home after closing on the sale. This can happen for any number of reasons, but generally involves the seller’s new home not being ready for them to move in yet. Read More

FAQ : What Is An “Offer Letter” And Why Do You Need One?

FAQ : What Is An “Offer Letter” And Why Do You Need One?
 OMG John 6/6/2018 10:56 AM
It’s not surprising that with the Omaha real estate market being so tight, most sellers want the most money they can get for their home (even over their asking price, in some cases!) and a quick closing. However, it’s also known that many sellers have built a long-term attachment to this major investment in their past - their family home. The memories made inside the house itself and in the neighborhood surrounding it are often a bittersweet pill to swallow when it comes time to accept an offer on the home the sell has built. Writing a letter to the tell the sellers a little about you and the attachment that you’re starting to form to their home, might give you an edge over other potential buyers. Read More

FAQ : What Is A Long-Term Lock Program For New Construction? Where Can You Get One In Omaha?

FAQ : What Is A Long-Term Lock Program For New Construction? Where Can You Get One In Omaha?
 OMG John 4/11/2018 11:38 AM
When we are working with clients who are interested in newly constructed homes, we often get asked about long-term lock programs for them. One of our partners, Michelle Ringsdorf at MB Financial Bank, recently sent us some information and today we are sharing a few of her thoughts on the blog. Read More

What To Ask When Interviewing A Realtor

What To Ask When Interviewing A Realtor
 OMG John 3/7/2018 6:00 AM
Maybe it is not as important as choosing a mate, but choosing a realtor can make or break one of the biggest financial transactions in the lives of most people. It is so important before signing on with a real estate agent to make sure you feel comfortable with them and that they can handle you and your family’s unique situation. Read More

FAQ : Why Is Your Pre-Approval So Important Before You Start House Hunting?

FAQ : Why Is Your Pre-Approval So Important Before You Start House Hunting?
 OMG John 2/28/2018 6:00 AM
We cannot think of a better analogy than this one from BankRate.com when it comes to house hunting before getting a pre-approval for a home loan: “Shopping for a home before getting preapproved for a mortgage is the equivalent of walking into a grocery store without a wallet.” Read More

FAQ: What Are Homeowner Associations (HOAs)?

FAQ: What Are Homeowner Associations (HOAs)?
 OMG John 1/31/2018 6:00 AM
Smart buyers are asking what the deal is with Homeowner Associations (HOAs) to determine if they’re buying a home in the right neighborhood. Read More