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GreatHomeListings aggregates the finest homes for sale by extensively compiling home listings across thousands of cities in the US. GreatHomeListings helps home buyers find the best homes for sale across the US.
     With a combination millions of FREE listings comprising of Homes For Sale, Houses For Sale, Condos For Sale, MLS Listings, Bank Owned Homes, Cheap Condos, Cheap Homes, HUD Housing, REO Listings, Real Estate Agents/Brokers and other real estate related properties, GreatHomeListings provides a comprehensive list of real estate listings that covers millions of home listings in the US.

Real Estate FAQs

1) What is a real estate appraisal? How will it help me?
A real estate appraisal is a process that is performed by real estate professionals to determine the market value of a home. Professional appraisals are always needed when a loan is needed for the purchase of a property. Residential property value are almost always determined by using a comparison of the sale prices of similar homes in the same area. The appraiser carefully researches all information pertaining to the home before determining a market value, which will help both the buyer and seller reach an agreement on the price that both consider fair.

2) How does Escrow for real estate work?
When a buyer and seller agree to a real estate transaction, an escrow account is opened. The buyer usually places a deposit into the escrow account. An escrow officer oversees the account, and follows any instructions in writing that are given by both parties to the transaction. All of the information related to the sale, including the terms, any contingencies, the amount of money that has been paid so far, and the instructions for further payments become part of the escrow instructions and must be completed before any of the money in the account, or any documents, can be released.

3) How do I find Real Estate agents?
There are several ways to find a real estate agent. Many people today look for agents online. There are buyer's agents who work for the buyer as well as seller's agents. Agents can be tracked online through their listings, as well as in advertisements offering their services. Agent's names and telephone numbers can be found on the signs that are located on real estate property for sale, and property recently sold. It should be noted that a real estate agent with years of experience can be very helpful, but one without a lot of experience may have much more time to spend with clients.

4) What is the difference between a home for sale and Foreclosure?
A house that is in foreclosure means that the people who purchased the house last, had a mortgage loan on the house, and did not keep up with the payments, thereby defaulting on the loan. The lender had to then take possession of the house, and evict anyone living there. It is very possible that a new purchaser may be able to obtain a foreclosed home at a better price than a regular house for sale. However, there may be problems or surprise expenses involved in foreclosed properties for various reasons. It is highly advisable to have a real estate professional working for the buyer who is interested in purchasing a foreclosed home, in order that possible pitfalls can be avoided.

5) Who are Realtors in the US? Are they licensed?
A Realtor is a member of the National Association of Realtors. Only about half of the real estate agents in the United States today are Realtors. Realtor have a very strict code of ethics regarding their treatment of clients, whether they be sellers or buyers of real estate. A Realtor will have the Realtor logo on their office or business card. Members of the national organization will join local associations of Realtors in order to exchange information and network among themselves in order to increase the number of professional contacts. This makes it much easier to give and receive information about properties for sale and help properties to be quickly sold.

6) What factors (while buying a new home) should I consider when choosing a neighborhood? Is public information available?
Before someone chooses a neighborhood in which to live, a list should be made of the top priorities of the prospective homeowner. If there are children in the family, a good school system is certainly a priority. Living in a neighborhood with a good school system always raises the property value of a home. It also may be important to be near parks or community centers for families with children. Employed persons should of course take into consideration the length of the daily commute when choosing a neighborhood. Noise level, whether or not shops and restaurants need to be within walking distance, and the type of home a purchaser wants to buy are all factors to be considered. A professional real estate agent can help a buyer to find all of this information.
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