Where do you go to find a buyer's broker to buy property, and then find a mortgage lender to finance the land and the building of a new construction home? Go online to www.NAEBA.com, which is the website for the National Association of Exclusive Buyer Agent to find a mortgage lender to buy the property and finance the new construction home. You may also want to consult a real estate attorney.
All credit counseling agencies are not looking out for you - even some of the non-profit ones may be a scam. Just because a credit counseling agency claims the non-profit label, doesn't mean it's not out to scam you out of money and make your credit score worse. Get safe budget counseling from credit counseling agencies who want to help you get out of debt and improve your credit score.
When building a new home, hire a private, professional home inspector to make sure your new construction is up to building codes. City inspectors don't have the time that a professional home inspector has to make sure your new home meets all the building codes. If you don't use a reputable, professional home inspector, your home may not meet all the building codes, even if it passes inspection by the city building inspector.
Can you invest a portion of your home's equity in your 401(k) or IRA? The IRS might prohibit home owners from investing a personal residence into an IRA or 401(k). Go irs.gov to find out whether it is legal to invest your home's equity into a 401(k) or IRA.
Who is responsible for making sure a homeowners' property is safe- the buyer's agent or the seller's agent? The reader believes the buyer's agent should be responsible for the homeowners' property by locking the door after showing a house. Ilyce says the seller's agent is responsible for the homeowners' property because the seller's agent should go to all the showings to make sure everything is safe.
Is tearing down a home and beginning new construction, or building an addition to a home owner's current home on 32 acres of property better for the value of the home? New construction on a large piece of property could increase the value of the property itself as opposed to building an addition. Getting a home equity loan can help you with a home improvement project, whether its building an addition to the current home or deciding to go with new construction.
When you're buying a home you want to get the best deal you can. Will buying a for sale by owner property save you money? What should you look for when buying a for sale by owner property? When you're buying a property that the owner is selling himself, you should make sure the property is priced correctly.
On Feb. 24, Joseph Evers, the deputy comptroller for large bank supervision at the Office of the Comptroller of the Currency, testified before the Hou...
As baby boomers are entering retirement, more people are trying to make their homes work for them. Instead of moving to a smaller home or even moving into a retirement home, people in their 30s, 40s and 50s are following a trend called "aging-in-place." They are taking their home renovation projects or gut rehab, and doing things like adding an elevator. With additions like an elevator, if they face a handicap or disabilty in later years, they, and their home, will be prepared.
A home buyer purchased a home through a builder only to find that the home had many problems after closing and to have the builder and agent avoiding her requests to repair the problems. When buying a home from a builder, it's crucial to fully research the builder, ask for references, see other work, talk with other buyers and hire a home inspector. The buyer needs to review the sales contract and home warranty to determine what can be done to get the builder to make repairs.
