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Buying a House

How To Evaluate What That House Is Worth

By | July 1st, 1996|

Size and amenities play a role in calculating the value of a home. But five other important issues can impact a home's worth, too.

True Costs Of Buying And Selling

By | June 17th, 1996|

Everything costs more with a larger home, including mortgage and insurance payments, real estate taxes, maintenance and upkeep. But the actual process of selling your home and buying another will take the first significant bite out of your wallet. Sellers often pay more than 10 percent of the sales price for the total cost of sale. On the buying side, your purchase could cost you anywhere from 2 to 7 percent of the sales price.

Why Some People Get Their Loan Rejected

By | June 10th, 1996|

After all the research that goes into purchasing a home, it can be frustrating to be rejected for a home loan. But the reasons for getting rejected for a home loan could be anywhere from their fault to a lender's own reasons. Here a few common reasons for getting rejected for a home loan and how to fix them.

Understand Home Inspection And Attorney Contingencies

By | April 29th, 1996|

When you're buying a home you may think you're protected in your contract when you include home inspection and attorney contingencies. But you have to understand what a home inspection or attorney contingency means when you're buying a home. Learn what to look for in contracts regarding home inspection and attorney contingencies.

Was It The New House You Fell In Love With Or Was It The Miles?

By | April 8th, 1996|

American Airlines has introduced AAdvantage Home Program, a home repair and maintenance program that gives you additional airline miles every time you use a vendor associated with the program. They've linked frequent flyer miles with real estate transactions as well. Five national mortgage lenders and real estate companies (three in each region of the country) will give you miles for using them to purchase or sell, finance or refinance your home.

Home Buying Advice On Avoiding Lemons

By | March 25th, 1996|

Those of you who fall in love with your homes may be setting yourself up for a huge headache after closing if you don't spend the time it takes to really check out the home and neighborhood before you buy. The best way to avoid buying a lemon is to spend some time going through the home carefully before you buy it. Whether or not you notice anything wrong with your home, you should hire a professional house inspector or a structural engineer to thoroughly examine your home before you buy it

Single Women Buying Property In Droves

By | February 26th, 1996|

Where singles were once shunned from the home buying process, approximately a third of all home buyers last year were single, divorced, or widowed, according to a recently released Chicago Title & Trust survey. Experts say single women account for a larger and larger slice of the single home-buying pie each year. If you're buying a home by yourself, you should never be made to feel out-of-place for doing so.

Open House Tips For Home Buyers, Sellers And Brokers

By | January 1st, 1996|

Buyers, sellers and brokers may have different goals for an open house. Sellers and their agents hope they'll attract a wide range of buyers who can preview several homes within a few hours. Buyers want an opportunity to see many homes in a less formal setting. Agents and brokers like to hold open houses because it helps them gauge how much interest there is from the public, and to have a networking opportunity. We have tips for everyone involved in an open house.

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