Buying a House

There are three potentially costly mistakes that you can make when buying a home: Opting not to get a home inspection Failing to find a good home inspector Failing to have a 30-day cancellation clause in the contract Years ago, my wife and I put a contract on a home in a rural area of [...]

When you’re buying a home, you may be given the option to purchase a home warranty. While the specifics can vary from policy to policy, home warranties are generally designed to cover the costs of repairing or replacing home appliances and mechanical systems at a discounted rate. As you decide whether a home warranty is [...]

It used to be that the best time for buying or selling a home was during what was known as the “home buying season,” a period from the first warm days of March until vacation time in August. Any other time, especially around the holidays, saw few buyers and fewer listings. But in recent years, [...]

Home prices are starting to recover, interest rates are creeping up, and many people are considering buying a home now before real estate prices or mortgage interest rates edge up any further. However, while higher interest rates and higher home prices may be on the horizon, that doesn’t mean you should rush out and buy [...]

In many markets, it’s become hard to find foreclosures worth buying. Competition among investors and a steady decline in defaults have resulted in fewer foreclosures available for purchase. That’s bad news if you’re looking to buy a fixer-upper to call home. While the private sector’s supply of foreclosures may be shrinking in many places, the [...]