At the point where the buyer finds a home and decides to make an offer, the contract should be written contingent on an acceptable inspection. If serious issues are found, the buyer has the options of requesting certain items to be fixed, to be compensated for the costs of repair, for a lower purchase price or to cancel the contract.
Entries from February 2015
Buying Your First Home? Here’s Why You’ll Need to Ensure You Have a Proper Home Inspection
February 12th, 2015 · Comments Off on Buying Your First Home? Here’s Why You’ll Need to Ensure You Have a Proper Home Inspection
Tags: Home Buyer Tips
Buying or Selling Your Home? Follow These Three Tips to Ensure a Stress-free Real Estate Transaction
February 11th, 2015 · Comments Off on Buying or Selling Your Home? Follow These Three Tips to Ensure a Stress-free Real Estate Transaction
Buying or selling real estate is a significant milestone in life. Frequently, it means that a new phase is starting, whether it’s a new job, a new relationship, or moving to a new area. However, when the most basic steps are missed, this transition can be fraught with stress and disaster. To ensure a smooth deal, home buyers and sellers alike should be sure to mind the following tips.
Tags: Real Estate Tips
Buying a New Home in the City? The Pros and Cons of Buying a Home on a Busy Street
February 10th, 2015 · Comments Off on Buying a New Home in the City? The Pros and Cons of Buying a Home on a Busy Street
Buying a home in the city is a venture that comes with an entire assortment of advantages and disadvantages. While the location might be close in proximity to businesses, services, and other people, it’s easy to worry about the other aspects of city living. What are the great and not-so-great facets of living on a busy street?
Tags: Home Buyer Tips
What’s Ahead For Mortgage Rates This Week – Feburary 9, 2015
February 9th, 2015 · Comments Off on What’s Ahead For Mortgage Rates This Week – Feburary 9, 2015
Last week’s economic news included construction spending, which fell shy of expectations but exceeded the prior month’s spending, and several consumer and labor-related reports.
Tags: Market Outlook
DIY Lovers: ‘Greenify’ Your Home with These Three Eco-Friendly Home Improvement Projects
February 6th, 2015 · Comments Off on DIY Lovers: ‘Greenify’ Your Home with These Three Eco-Friendly Home Improvement Projects
Are you a homeowner who is searching for ways to make your home a bit more eco-friendly? In today’s post we’ll explore a few projects that handy do-it-yourselfers can undertake in order to make a home a bit friendlier to the local environment.
Tags: Around The Home
Tax Time is Upon Us: Learn About Tax Deductions and How to Write off Your Home Mortgage Interest
February 5th, 2015 · Comments Off on Tax Time is Upon Us: Learn About Tax Deductions and How to Write off Your Home Mortgage Interest
Much to the chagrin of taxpayers all over the country, the tax-filing season begins in January and runs through April 15 of each year. As the current tax season approaches, it presents an opportunity to help tax-payers clarify their responsibilities and remind them of certain important tax deductions that may be available.
Tags: Home Mortgage Tips
You Ask, We Answer: Four Reasons Why Selling a Condo is Different Than Selling a House
February 4th, 2015 · Comments Off on You Ask, We Answer: Four Reasons Why Selling a Condo is Different Than Selling a House
Listing a property is a delicate dance. From the initial marketing to the final price negotiations, everything needs to be tailored to the type of home being sold. However, because of their main differences, this process can look very different when selling a condo versus selling a house.
Tags: Home Seller Tips
Selling Your Home in 2015? Boost Your Resale Value with These Three Inexpensive Renovations
February 3rd, 2015 · Comments Off on Selling Your Home in 2015? Boost Your Resale Value with These Three Inexpensive Renovations
To get top dollar for your home, renovations may be necessary. However, some renovations can prove costly and they donât always add value to your home. Here are three inexpensive renovations that are sure to improve the resale value of your home.
Tags: Home Seller Tips
What’s Ahead For Mortgage Rates This Week – Feburary 2, 2015
February 2nd, 2015 · Comments Off on What’s Ahead For Mortgage Rates This Week – Feburary 2, 2015
Last week’s economic reports included Case-Shiller 10 and 20-City Home Price Index reports for November along with new and pending home sales for December. Freddie Mac reported on average mortgage rates and new jobless claims dipped unexpectedly.
Tags: Market Outlook