Picture this: you've been searching for your dream home and think you might have finally found the one. You head over to check it out, marveling along the way at the convenience of the location, the exterior's curb appeal, and the great price, only to step inside and realize that the interior is saturated with the smell of cigarettes. Although smoking isn't nearly as prevalent as it was in years past, this is still a common situation encountered by prospective home buyers. The CDC reports that the proportion of U.S. adults who smoke dropped from 20.9% in 2005 to 13.7% in 2018, but this still means that millions of potential home sellers are active smokers. In this post, you can read about some of the methods that smokers and nonsmokers alike might want to employ in an attempt to rid their home of the distinctive smell. Plus, those who still smoke indoors might be interested in learning just how much it reduces the resale value of their home.
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In the current pandemic housing market, buyers are looking for anything they can use to sweeten their offer in the eyes of the seller. Enter the "bump clause", a small addition to home purchase contracts that is gaining popularity in some areas. Bump clauses are simple: they allow a seller to continue to market their home after accepting an offer until a buyer's sale contingencies are satisfied. If the seller receives a better offer during that time, the original buyer must either waive their contingencies or get "bumped" for the new deal. Keep reading to learn how you can utilize a bump clause to your benefit.
How large (or small) is an average home's yard in each state? It's a relatively simple question, but one which yields a vast range of answers. In fact, the yards in the highest-ranked state average almost 74,000 square feet, while those in the last-place state are a measly 4,300! Where does Arkansas fall along the spectrum? The Natural State ranks a very impressive 8th, with an average yard coming in at over 30,000 square feet! Keep reading to learn which homeowners have the most outdoor room to roam on their property.
Information Deemed Reliable but Not Guaranteed. CENTURY 21 H.S.V. Realty is licensed in the state of Arkansas. CENTURY 21 and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. H.S.V. Realty, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliated companies.