Hiring a Home Inspector
Once you’ve found the home of your dreams, it’s time to make an offer to buy it. Before deciding how much to offer, HUD urges you to get a professional inspection. It can also be…
Once you’ve found the home of your dreams, it’s time to make an offer to buy it. Before deciding how much to offer, HUD urges you to get a professional inspection. It can also be…
Before you buy a home, you’ll want to know exactly what it is you’re getting. An inspector checks the safety of your potential new home. Home Inspectors focus especially on the structure, construction, and mechanical…
These tips will help you get the very best deal and write the best possible offer. Always remember to have the home inspected – you can deal off any flaws! Ask for advice! A seasoned…
The lender considers your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child…
Escrow – A neutral third party holds documents and money for a real estate transaction and ensures that all conditions of a sale are met. Also refers to a special account that a lender uses…
There may be closing cost customary or unique to a certain locality, but closing cost are usually made up of the following: Attorney’s or escrow fees (Yours and your lender’s if applicable) Property taxes (to…