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 Home From Parents
By Ilyce Glink| 2007-02-13T00:00:00-06:00 February 13th, 2007|
A daughter's parents have asked she and her brother to buy their home from them to get them out of financial problems. Buying the home from her parents could help her credit if they buy it back, but could hurt her if they are unable to buy it bake when they say they will. A good attorney can write up a contract before entering any deal to buy her parents home.
Son Evicting Parents From Home
By Ilyce Glink| 2007-02-10T00:00:00-06:00 February 10th, 2007|
A mother lives in a home her son bought for her for a retirement home. The son is now trying to evict her from the home he bought, and there are no written agreements on the home. The mother must gather all information she has about the deal she made with her son and hire a real estate attorney.
Son Asked To Buy Home For Parents
By Ilyce Glink| 2006-12-28T00:00:00-06:00 December 28th, 2006|
It takes more than good credit to buya $500,000 house. You also need to show that you can afford to make the payments on the bought property. A son's parents want him to buy a home for them and say they'll take over payments in two years. But buying the home his parents want could hurt his chances of buying his own home down the line.
Buying A Home On A Golf Course
By Ilyce Glink| 2006-12-26T00:00:00-06:00 December 26th, 2006|
A home buyer is thinking of buying a new home on a golf course that could possibly turn into a retirement community and doesn't know how to make an offer based on its uncertain future. A good real estate agent can provide input to determine the best price for the buyer if the worst case scenario unfolds. But the buyer might be better off not risking this deal.
Tips For Marketing Your Home This Winter
By Ilyce Glink| 2006-12-19T00:00:00-06:00 December 19th, 2006|
If you're serious about selling, you won't find any better time to engage really serious buyers than during the winter holiday season. Serious home buyers are still out in full force during the winter months, so it's no time to slack off on selling your home. Here are a few ways to take an aggressive approach when selling your home this season.
Home Sale Canceled
By GlinkAndTamkin| 2006-12-14T00:00:00-06:00 December 14th, 2006|
A home buyer bought a new home but had the purchase canceled -- only to find the home on the market again. If the buyer agreed to terminate the purchase and sale agreement, there is no recourse the buyer can take against the seller. The buyer can try to buy the home again but might be better off moving home.
Buying Home For Sibling
By Ilyce Glink| 2006-11-20T00:00:00-06:00 November 20th, 2006|
A sibling bought a home for her sister when she was going through a divorce and is now ready to sell it back to her. She should be able to sell her the house for what she paid plus costs, but a real estate attorney will help work out this deal.
Medical Bill Sold To Collection Agency
By Ilyce Glink| 2006-11-08T00:00:00-06:00 November 8th, 2006|
Like other unpaid bills, medical bills sent to collections can destroy your credit. By the time a bill goes to a collection agency, it has already begun to affect your credit. Avoid lowering your credit score by setting up a payment plan as soon as possible.
Beware of Deal With Real Estate Consultant
By Ilyce Glink| 2006-11-02T00:00:00-06:00 November 2nd, 2006|
A real estate investor wants to buy two for-sale-by-owner properties with $50,000 in equity in them. The real estate investor has a consultant friend who says she'll compensate her for purchasing the properties. It's entirely possible that the consultant found two underpriced properties for this investor, but it could also be a scam.
Before Building New Construction Look Into Zoning
By Ilyce Glink| 2006-10-28T00:00:00-05:00 October 28th, 2006|
Before starting a new construction project on your property you should look into the building code and zoning regulations for your neighborhood. To understand the building code for your new construction you should talk to your local zoning official in your local building department and a knowledgeable real estate agent. Researching the building code and zoning regulations ahead of time will help you avoid costly mistakes with new construction.