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FHA Insurance Getting a mortgage that is backed by the Federal Housing administrative can be a great deal. Down payments run as low as three and a half percent compared to maybe 20 percent in a conventional mortgage. So rates are lower too. You know the bank knows that FHA will cover its losses if […]
Questions to Ask When Buying a Home Checklist Preparing all the questions to ask when buying a home checklist, would be the first step as buying a house itself is daunting. No policy allows a buyer to return property if they realize they must have purchased the wrong one. Are you an open-house junkie? […]
As a seller, you have to make sure you fully understand the obligations of the contract you’re signing particularly when it concerns your responsibility for repairs. There is no need for you to fix everything a home inspector thinks could stand for improvement. A home inspection report is NOT a to-do list. Check HOME INSPECTOR […]
A full scale contingency is one type of contingency clause frequently included in a real estate contract or an offer to purchase real estate with a wholesale contingency in place. The transaction is either dependent or contingent upon the sale of the buyer’s home. If the buyer’s home sells by a specified date the […]
Electrical A general home inspector may tell you that the electrical box is so old that no longer complies with the city code. But an electrician can tell you the best brands to replace it with and how much it costs. Among other things that they can do other disclosures. So usually electrical box cost […]