FOR some people, a major hurdle to homeownership is the closing costs that come on top of the required down payment. There are fees for everything from title searches to deed recordings, and if you happen to be buying in New York or New Jersey, you’ll find some of the highest costs in the country.
Read more %1$s‘Kickback’ plan could land buyer in legal trouble
For starters, the bank you choose to finance the purchase with will have the legal right to know every detail about the deal. Telling a loan officer or mortgage broker about what is essentially a kickback scheme certainly wouldn’t help your chances of gaining loan approval, but failing to disclose the arrangement could be considered a mortgage fraud that could land you in jail.
Read more %1$sBasic tips for buyers
multiple-offer buying situations,Basic tips for buyers,
Read more %1$sReal Estate Q & A
Your typical home inspection costs will range anywhere between $300 and $500 depending on the size and features of the home. After you move into your new home, you want to begin living in it and not spend time and money repairing it. Your home inspector will provide you with a personalized report of any repairs needed, suggestions on how to maintain your home, and also provide you with the knowledge that you are not purchasing a “money pit.â€
Read more %1$sSold! An auction can make any purchase exciting, but would you leave the biggest purchase of your life up to an auctioneer?
But before you fantasize about buying a home with the slam of a gavel, consider the pros and cons of real estate auctions.
Read more %1$sCommon Mistakes Made by First-Time Encino Real Estate Buyers
Credit Score, Pre-approval, and Budgeting, Mistakes when buying a home
Read more %1$sCondo owners should buy secondary insurance
Q: This is a question on insurance. Specifically, how homeowner insurance works with the HOA deductible.
Read more %1$sCasa Latina’s Guide to Protecting Your Property
First, it is important to understand that standard homeowner’s insurance covers home most major disasters with two exceptions, floods and earthquakes. With that said, let’s explore some things you may not be aware of.
Read more: http://latino.foxnews.com/latino/lifestyle/2012/08/11/casa-latinas-guide-to-protecting-your-property/#ixzz23LYZP019
Read more %1$sMtn. Law: Must a seller of real estate disclose defects to a potential buyer?
Must a seller of real estate disclose the property’s defects to a potential buyer? The general rule is caveat emptor (buyer beware). This means buyers are responsible for reasonably investigating what they are buying before buying it. The caveat emptor rule is supported by the language of widely used standard contract forms promulgated by the Colorado Real Estate Commission, which state: “Unless otherwise provided in this Contract, Buyer acknowledges that Seller is conveying the Property to Buyer in an ‘as is’ condition, ‘where is’ and ‘with all faults.’â€
Read more %1$sInvestors Buying Up All Of The North Hollywood Real Estate
Recent findings show that a new investment trend has started due to the increased rental income investors are receiving on their properties.
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