Real Estate Buyers and Sellers
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Buyers Tips
So Your Ready to Buy a Home A serious discussion on whether you are ready to buy a home. Some basic considerations about the financial resources needed and a discussion on buy vs. rent a home.
Real Estate Buyers and Sellers
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Buyers Tips
Lease Options or Rent to Own? This is a technique often used by real estate investors in periods when
the interest rate is rising fast. This way they hope to buy the home at
a lower interest rate on a later date.
Real Estate Buyers and Sellers
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Buyers Tips
Interview with Real Estate Brokers There are a host of considerations that you should review before you decide on your agent or Realtor. Be sure this professional is one you can work with, is a skilled negotiator and knows the real estate market
Real Estate Buyers and Sellers
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Buyers Tips
The Real Estate Listing Agreement This is the arrangement or agreement that you sign to create a working arrangement with your real estate agent. Learn how to read the fine print and check your rela estate agents license.
Real Estate Buyers and Sellers
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Buyers Tips
Shopping for a Loan Your choice of lender and type of loan will influence not only your
settlement costs, but also the monthly cost of your mortgage loan.
There are many types of lenders and types of loans you can choose. How to compare costs and lower your mortgage payments.
Real Estate Buyers and Sellers
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Buyers Tips
What is Mortgage Insurance? Mortgage insurance is a policy that protects lenders against some or
most of the losses that result from defaults on home mortgages. It's
required primarily for borrowers making a down payment of less than 20%.
Real Estate Buyers and Sellers
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Buyers Tips
RESPA Disclosures and HUD-1 RESPA requires that borrowers receive disclosures that spell out the costs associated with the settlement, outline lender
servicing and escrow account practices and describe business
relationships
Real Estate Buyers and Sellers
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Buyers Tips
Understanding the Appraisal Appraised value does not always equal the true market value, or what
the home will sell for on the open market.Learn about the apprasial
process and what appraised value, fair market value and agent provided
Competitive Market Analysis are.
Real Estate Buyers and Sellers
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Buyers Tips
For Your Protection Get a Home Inspection Buying a home is one of the most important purchases you will make in
your lifetime, so you should be sure that the home you want to buy is
in good condition. A proper Home Inspection can save you thousands.
Real Estate Buyers and Sellers
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Buyers Tips
Home Inspection Issues You really should never buy a home without at least performing a basic
professional home inspection. After all the inspections are completed
you will receive a report identifying various uncovered issues. Which ones should the seller resolve?
Real Estate Buyers and Sellers
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Buyers Tips
Ten Important Questions to Ask Your Home Inspector You need a home inspection when you buy or you may be headed for some expensive surprises!
The inspector should ensure that their inspection and inspection report
will meet all applicable requirements in your state if applicable and
will comply with a well-recognized standard of practice and code of
ethics.
Real Estate Buyers and Sellers
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Buyers Tips
Interior Home Inspection Checklist Heres a checklist for a home inspection that you can use as a visual aid when looking to buy. It should never substitute for a professional inspection, but this may help you get to the short list.