Buying a home is often the biggest single purchase you’ll ever make. But it isn’t just choosing a home to buy that’s complicated. You’ve got to think through neighborhood issues, size issues, and cost issues. Buying a home can also include legal issues, construction or building concerns, and have serious tax implications. Financing your home purchase is another big topic of interest for most home buyers. From this topic page, you’ll be able to find articles and videos that help you understand how to balance what you want in a home with what you can afford to spend. You’ll also be able to refine your search about buying a home by using the topic cloud on the right navigation.
Home Buyer May Lose Earnest Money
By Ilyce Glink| 2005-08-12T00:00:00-05:00 August 12th, 2005|
What happens to your earnest money when you decide not to buy a home? Can the seller keep the earnest money? What are some of the grounds in a contract whereby you can cancel and get your earnest money back? If your contract requires a certain type of financing and that falls through can you cancel your home contract and keep your earnest money?
Building A New House
By Ilyce Glink| 2005-08-05T00:00:00-05:00 August 5th, 2005|
The biggest mistake new construction buyers make is not taking time to imagine how they're going to live in their new home. When you're buying new construction, figuring out how to make the most of each room requires a tremendous amount of thought. The trick is to spend time thinking about how you live in your current home, and then apply that to the different parts of the new construction house.
Buying Digital Cameras
By Ilyce Glink| 2005-08-05T00:00:00-05:00 August 5th, 2005|
Buying a digital camera? We show you how to evaluate what you need and tell you how much to spend for it. Can you make do with less when buying a digital camera?
Builder Won’t Make Repairs
By GlinkAndTamkin| 2005-07-22T00:00:00-05:00 July 22nd, 2005|
When a builder won't make repairs, is it OK to hold back the last payment? Will the builder then be able to put a lien on the homeowner's new house? What recourse you might have with a builder depends on the contract.
New Construction Driveway Problem
By GlinkAndTamkin| 2005-07-15T00:00:00-05:00 July 15th, 2005|
What can you do if you buy a new construction home and are disappointed with the results? A new homeowner is having driveway problems in his new home. Getting out of his garage is a pain, and he thinks the developer should have taken steps to avoid the problem. The building department may be able to determine if the driveway was constructed properly. The purchase contract should tell the homeowner what his options are.
Save Money With Disposable Digital Camera
By Ilyce Glink| 2005-07-08T00:00:00-05:00 July 8th, 2005|
How can you save money when you want to buy a digital camera? Try buying a disposable digital camera. For less than $20 you can quickly walk into and out of any local drugstore with a disposable digital camera.
Transferring Ownership Of Condominium Association
By GlinkAndTamkin| 2005-06-17T00:00:00-05:00 June 17th, 2005|
When transferring ownership of a condominium building from a developer to the residents, where do the developer's expenses end and the residence's obligations begin? When the developer turns over the association to the unit owners, the developer should deliver an accounting of all funds received by the developer and all expenses paid by the developer.
Buying Home From Mother-In-Law
By Ilyce Glink| 2005-06-10T00:00:00-05:00 June 10th, 2005|
A will generally outlines who gets what after an individual dies. If a person doesn't own anything at their time of death, that portion of the will doesn't mean anything. But if family members are listed in a will and don't know that assets have changed hands, a tough legal battle could erupt.
Ask Ilyce – June 7, 2005
By Ilyce Glink| 2005-06-07T00:00:00-05:00 June 7th, 2005|
What is a good first offer when purchasing a home? How should I go about consolidating my large credit card debt? WGN Money Saving expert is here with the answers.
Can Earnest Money Be Refunded?
By GlinkAndTamkin| 2005-06-03T00:00:00-05:00 June 3rd, 2005|
A home buyer put earnest money down on a home but has now changed their mind. If no contract was signed, these buyers should not be bound to buy the home and the earnest money should be returned. But if the buyer and seller signed something that would give a reasonable person the idea the buyer intended to buy the home, the buyers might lose their earnest money or be obligated to buy the home.