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.
Buying Property With Family Requires Partnership Agreement
By Ilyce Glink| 2005-05-13T00:00:00-05:00 May 13th, 2005|
When you're first starting out it may be hard to find enough money to buy a home. Is it a good idea to buy property with a family member? If you do, make sure it's clear who is responsible for what using a partnership agreement. It's best to have your name on the title. And if you want to build credit, add your name to the mortgage too.
New Construction Deposit In Jeopardy
By GlinkAndTamkin| 2005-04-29T00:00:00-05:00 April 29th, 2005|
A home buyer has put a deposit down on a home in a new subdivision. After two years, they learn that the developer has not gotten final approval for the development. When a developer or builder has been unable to obtain the required approvals for the subdivision after two years but has started work on it, it's a huge red flag. The buyer should hire an attorney to help get their escrow money back.
Shopping For A House Online
By Ilyce Glink| 2005-04-22T00:00:00-05:00 April 22nd, 2005|
A home buyer is in love with a home they found on the Internet but is unable to see it in person for two weeks. It's not a good idea for the home buyer to enter any agreement with the sellers until they see the home in person. A real estate agent in the area might be able to help the home buyer until they are able to see the home.
College Student Wants To Buy Property
By Ilyce Glink| 2005-04-08T00:00:00-05:00 April 8th, 2005|
Buying a home and renting it to your friends is a great way to live virtually rent free, all the while building up equity in real estate. How can you buy real estate with little down payment? A mortgage lender is going to want to know how you plan to keep up with the mortgage in case you can't rent out one of your rooms.
Home Buyers Need Real Estate Attorney Especially At Closing
By GlinkAndTamkin| 2005-03-18T00:00:00-06:00 March 18th, 2005|
Home buyers need a real estate attorney to help them navigate buying a home, especially during the closing of a sale. Real estate attorneys will protect the home buyer during the home sale, especially at the closing. It's still up to the home buyer to learn about the real estate process, but having a good real estate attorney will protect your investment.
Home Buying Trends
By Ilyce Glink| 2005-03-10T00:00:00-06:00 March 10th, 2005|
Recent real estate trends suggest an active market. First-time buyers are out in force, taking advantage of interest rates which are still at 6 percent or below for a 30-year fixed rate mortgage. But the big surprise in the real estate industry is how many people are investing in real estate by buying second homes strictly as an investment.
Septic System Problems In New Home
By GlinkAndTamkin| 2005-03-04T00:00:00-06:00 March 4th, 2005|
A home buyer purchased a new home and are now experiencing septic problems after a neighbor informed them the basement had once flooded. The first step is to see if the home is under warranty from the builder; if not, the home buyers will have to go to the builder and demand the problem is fixed.
Consider Listing Price When Buying A Home
By Ilyce Glink| 2005-02-25T00:00:00-06:00 February 25th, 2005|
When you're buying a home you need to be strategic about how much you offer to pay. Looking for the perfect formula to put together an offer? Unfortunately, there is no generic perfect offer that will get the seller to say "yes" every time. If you're flexible with the closing date you may get a better price on the home you're buying.
Buying The Family Home
By Ilyce Glink| 2005-02-18T00:00:00-06:00 February 18th, 2005|
A mother wants to hold onto her house so she can leave it to her children in her estate. One daughter is hoping to buy the family home but wants to avoid any hard feelings with her siblings. Buying the property will be a lot cleaner process than having it left in the estate.
Make A Smart Investment — In Your Neighborhood
By Ilyce Glink| 2005-02-18T00:00:00-06:00 February 18th, 2005|
Paying attention to the neighborhood, and how it grows and changes directly affects the value of your home -- and whether it appreciates, depreciates or pretty much stays even. What can you do to keep your home's value and your neighborhood on the upswing?