“C.L.U.E.” stands for Comprehensive Loss Underwriting Exchange – a compilation of claims made against a property. This report includes types of claims and how much was paid to settle the claim. —Information that can be helpful in assessing potential problems of the property. It is a good idea for a buyer to require a C.L.U.E. […]
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Category: FAQ – Buyers
Does solar increase home value?
“Does solar increase the value of a home?” Its a common question we realtors receive nowadays. Another common question we receive is “Does a swimming pool increase the value of a home?” For both questions, I have been answering “Probably not in general, but some buyers may find a value in it”. A solar […]
Housing Shortage – Until When?
Nationwide, there were 2.02 million homes listed for sale in October 2016, representing 4.3 months’ supply. The inventory should be 6-to-7 months’ supply for a normal market. As the result, home buyers often find multiple offers on a property they want to buy. This shortage of inventory is the principal reason why home prices have […]