Do you belong to a professional association? There are many associations for home inspectors, but some groups confer questionable credentials or certifications in return for nothing more than a fee. Make sure the association your […]
When you walk away from the closing table with a big stack of papers, know what to file away for future reference. Loan estimate Your lender is required to provide you with this three-page document […]
Radon A colorless, odorless gas that can seep into your home from the ground, radon is often referred to as the second most common cause of lung cancer behind smoking. What to look for: Basements […]
The first step is to shop around; quotes on the same home can vary significantly from company to company. Review the Comprehensive Loss Underwriting Exchange report. CLUE reports detail the property’s claims history for the […]
Condominiums, townhomes, and properties located within a homeowner association offer certain perks, but it’s important to consider them in your decision process. How much storage is available? Some properties include storage lockers, but there may […]
Develop a budget. Instead of telling yourself what you’d like to spend, use receipts to create a budget that reflects your actual habits over the last several months. This approach will better factor in unexpected […]
Loan terms, rates, and products can vary significantly from one company to the next. When shopping around, these are a few things you should ask about. General questions: What are the most popular mortgages you […]
Closing time is hectic, but you should always make time for a final walk-through to make sure that your home is in the same condition you expected it would be. Here’s a detailed list of […]
Talk to mortgage brokers. Many first-time home buyers don’t take the time to get prequalified. They also often don’t take the time to shop around to find the best mortgage for their particular situation. It’s […]
The tax deductions you’re eligible to take for mortgage interest* and property taxes greatly increase the financial benefits of home ownership. Let’s work through a hypothetical situation to see how it works. If we assume […]
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