Like marriage, homebuying is one part love, one part legal transaction—and it starts with a proposal. Making an offer on a house is a major step that combines strategy, paperwork, and a clear ...

Ever since their low during the coronavirus pandemic, housing prices have been on a tear, in some cases more than doubling in just a few years. Add in some of the highest mortgage rates in decades and ...

Cash offers are increasingly common in today’s competitive real estate market. Buyers use them to gain a competitive edge in negotiations and avoid interest on mortgage loans, making them especially ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

A backup offer is an offer that’s submitted even though the seller has already accepted an offer from another buyer. Accepting a backup offer as a seller means you have a fall-back in case the buyer ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...