In the contract if the seller does not comply to the letter by neglecting to fix some repair issues or change the agreement in some way. This could delay the closing and settlement of your home. You should agree ahead of time on the dollar amount for an escrow fund to cover items that the [...]
Pre-approval is fast, easy and free. When you have a pre-approved mortgage, you can look for your new home with a greater sense of freedom and security, knowing that the money will be there when you find the home of your dreams.
Every seller is going to tell you every physical detail that will need to be attended to. Yeah right! Both you and the seller want a great deal. Make sure you have a really good inspection on the home early in the process. Hire an independent inspector who will be objective from the inside and [...]
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Make sure you request an updated property survey as part of your offer to purchase, which clearly marks your boundaries. If the survey is not current you could find there are structural changes that are not show like a new fence, swimming pool, additions to the house. You need to be very clear on these [...]
Make sure you will own your home free and clear by having a title search completed. You want to make sure there are no tax liens, undisclosed owners, easements, leases or other things on the title. This could stall the sale for weeks and even months and costs loads of money to clean up.
Do everything you can to identify and uncover all costs far enough ahead of time. Sometimes there are some fees for this and that. Make sure your lender projects all the total charges for you in writing. There are all kinds of fees like, underwriting fees, disbursement charges, origination fees etc…
STOP! take your time during this process. There is a lot of paper work here and you need to read it all. Make sure that the transaction corresponds with all the paper work you are signing. If something goes wrong at the day of closing you may not be able to correct the problems. The [...]
Everybody says they can buy your house fast for cash! So can these people really do it. Yes and No. Most of the time they will need to have the house discounted quite a bit. Sometimes they can give you full price if you are able to create good terms with them. Either way it [...]
Are you looking for the house you want? Take the time to determine what you actually want in a house. Put it in writing. Is it to far from work, are there to many repairs needed, is it to big or small for you. Putting this in writing will help you and anybody else you [...]
Is the sellers price to high or is it a great deal. In order to figure this out is to determine what the market is doing. If you fail to research the market and understand what comparable homes are selling for you may likely pay a price to high.
