Inspection
Follow these tips for reducing your insurance payments without having to foot the bill when disaster hits As a homeowner, you probably have more bills to pay than you’d like to think about. On top of your mortgage payment, you have utilities such as electric, water and gas, as well as maintenance and repairs that…
How to get the right information in an inspection and use it in negotiations for your home purchase. Throughout the homebuying process, you will encounter a number of expenses including, but certainly not limited to, an appraisal, transaction fees and a survey – but none is more important than the home inspection. Dollar for dollar,…
Real estate investors may have never had it so good. A classic alternative investment in a volatile stock market, real estate also just got a boost from the Tax Cuts and Jobs Act, with landlords among the biggest winners. The law’s new provisions especially favor rental properties. “Real estate investors have historically been given preferential…
It may be an even better idea to BUY A HOME NOW! The Federal Reserve announced today that interest rates will increase by 0.25 percent , or 25 basis points. The last time the Fed raised rates, “the iPhone didn’t even exist,” says Mark Fleming, chief economist for title insurance company First American Financial Corporation….
Buying a home can get intense, and you can easily feel intimidated by the lending process and closing requirements. Federal policies affecting mortgage lending has seen many changes in the wake of the subprime mortgage crisis that began in 2007, putting a stronger focus on eliminating predatory lending and increasing transparency for the borrower. Hearing…
For most first-time homebuyers, securing a down payment is the biggest hurdle. There comes a point for many first-time homebuyers when nearly everything you do becomes focused on saving for that purchase. Even when you’ve been putting money away regularly for years, you find yourself willing to cut out that beach vacation you had been…
Sales of new and existing homes unexpectedly spiked to their highest levels in years last month. America’s housing market appears poised to go out like a lion this year, as a pair of real estate reports this week showed home sales climbed to their highest level in a decade. Sales of new houses clocked in…
You’ve found the house of your dreams, the seller has accepted your offer and you can’t wait to move into your new digs. But before measuring for curtains or purchasing furniture, there’s another important step in the homebuying process you shouldn’t skip: the home inspection. Sure, you had your Uncle Joe tour the house with…
Whether you’re buying or thinking of selling a home, a home inspection is key. Granted it is just a generic overall view but, if the home inspector is good they should catch any major Red Flags that could be cause for concern. The important thing is to make sure you have a reputable inspector. Remember, this isn’t a licensed field so pretty much…
Owning a home is a keystone of wealth… both financial affluence and emotional security.