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 A House – How To Avoid Getting Dizzy
By Ilyce Glink| 2004-07-23T00:00:00-05:00 July 23rd, 2004|
Buying a house can lead to information overload. After seeing ten or more house showings in a day, how do buyers remember what they've seen? Here are a few suggestions for buyers to keep organized during house-hunting madness.
Buying Property With Relatives — Beware!
By Ilyce Glink| 2004-07-16T00:00:00-05:00 July 16th, 2004|
This homeowner bought property with a relative, and her sister stopped paying her fair share of the property taxes on a jointly-owned vacation home. If the two jointly own the property, they are both jointly responsible for the expenses associated with the property, including property taxes. If one sibling can't pay the costs of the home on their own, it might be time to sell this jointly-owned property.
No Down Payment Loans Available From Lenders
By Ilyce Glink| 2004-07-16T00:00:00-05:00 July 16th, 2004|
Can I buy a house with no down payment? Zero down payment loans are more readily available than one might imagine but buyers should not waste money on a "no down payment" home study course. Talk to your local lender about whether you qualify for zero down payment loans.
Ten Tips For Buying FSBO Property
By Ilyce Glink| 2004-07-16T00:00:00-05:00 July 16th, 2004|
Buying a FSBO, a For Sale By Owner property, is a relatively new concept for many homebuyers. Here are a few specific issues to keep in mind when looking for a for sale by owner home.
Buy A New Home Or Save For Retirement?
By Ilyce Glink| 2004-07-09T00:00:00-05:00 July 9th, 2004|
Buy a new home or save for retirement? With interest rates so low, upgrading to a new home is tempting but what effect will it have on your retirement savings? If you're main goal is to save for retirement, passing on a home upgrade is a better choice.
Buying A Home Includes Showing Income On Tax Returns
By Ilyce Glink| 2004-06-29T00:00:00-05:00 June 29th, 2004|
In order to qualify for a mortgage loan you need to show tax returns as proof of income. If you're just starting out and are a first time home buyer, you may not have several years worth of tax returns. If you can provide at least two years of tax returns and can show a good credit record you may still be able to qualify for a mortgage loan.
Buy New Home or Existing Home
By Ilyce Glink| 2004-06-25T00:00:00-05:00 June 25th, 2004|
Should you buy a brand-new house or an existing house in an older neighborhood? What are the advantages and disadvantages of new construction? There are pros and cons to buying new construction or an older home in an established neighborhood.
Neighbor Easement Problems
By Ilyce Glink| 2004-06-25T00:00:00-05:00 June 25th, 2004|
Conflicts with neighbors regarding easements or driveways are common. Many properties have easements for public utility lines, power lines, water pipes, sewers pipes, phone lines, gas lines and cable TV. If you are considering buying a property and have already run into easement problems with neighbors before the purchase, you may want to rethink buying that property.
Condo Board Dispute With Developer
By GlinkAndTamkin| 2004-06-17T00:00:00-05:00 June 17th, 2004|
A condo board association has questions about when ownership of the building was transferred from the developer to the association and who is responsible for certain expenses. The board needs to see if the developer paid assessment fees to cover his share of the expenses.
Can’t Afford To Buy A First Home?
By Ilyce Glink| 2004-06-15T00:00:00-05:00 June 15th, 2004|
About 68 percent of Americans now own their own home. If you are renting or living with your parents and are dreaming about buying your own home, it's time to wake up and figure out how you can make this happen for yourself.