What is a borrow pit?
This construction term refers to a literal hole dug to provide fill material, such as gravel or soil, for building projects.
Hire a real estate attorney for any home sale or purchase, even if your state doesn’t require you to. The contracts are complex, and the stakes are high — it’s worth the extra cost to make sure everything is legally buttoned-down.
— Michele Petry
About the author
Michele Petry is a senior editor for Bankrate, leading the site’s real estate content since January 2022. Before joining Bankrate she was a writer and editor for StreetEasy, Zillow’s New York City real estate site. Before that, she amassed 20 years of experience on staff at national magazines, honing her skills editing home-based content at House Beautiful, Elle Decor and Veranda (among other titles). Michele earned her journalism degree from Syracuse University’s Newhouse School of Public Communications and is a member of the Society for Advancing Business Editing and Writing (SABEW). She lives in Manhattan.
Hire a real estate attorney for any home sale or purchase, even if your state doesn’t require you to. The contracts are complex, and the stakes are high — it’s worth the extra cost to make sure everything is legally buttoned-down.
— Michele Petry
This construction term refers to a literal hole dug to provide fill material, such as gravel or soil, for building projects.
This form of housing discrimination involves an agent guiding a client toward a particular area based on legally protected characteristics.
In real estate, a lockoff or lockout refers to a vacation timeshare that’s divided into two units.
A breakdown of real estate agent commissions in Ohio.
Seller concessions can help a home be more affordable for the buyer.
It’s possible to sell a house by owner in New Hampshire, but it’s a lot of work.
A breakdown of real estate agent commissions in Texas.
There are many cash homebuyers in New Hampshire — here’s how they work.
Many factors impact how much you can afford to spend on a house.
How far would you be willing to move to afford a home?
Our 9-step guide to a smooth, successful home sale.