by Teri Karush Rogers Q. If you have two identical apartments–one in a building that has a landlease, and one in a building that owns the land it sits on–how much less is the landlease apartment worth? A. Expect to pay a little to a whole lot less, but be prepared for higher monthly costs, say our experts.
Read more %1$sHOW CAN I SAVE ON CLOSING COSTS?
When you are looking to sell your home, there are a lot of fees that can be associated with it. Some of these you cannot avoid, some you can and others you can reduce. Today, we are going to look at how to reduce the closing costs on selling a home. Since the lending industry is highly
Read more %1$s8 Ways to Reduce Mortgage Closing Costs
Mortgage closing costs can be one of the most difficult aspects of buying a home or refinancing a current mortgage. Costs can be high, ranging anywhere from 2%-5%, depending on your locale, lender, and type of mortgage. (See also:How to Choose the Right Mortgage Loan Term) Typical costs include the application fee, origination fee, and
Read more %1$sReal Estate Home Inspection Checklist
A real estate home inspection checklist can reveal items that should be repaired or replaced prior to the completion of a sale. A formal real estate home inspection checklist used by a licensed contractor reveals areas where further inspection by a specialist may be advised. For example, a sagging roof with missing tiles needs to
Read more %1$sShould You Buy or Rent?
Emotions, family and personal reasons all come into play in any home-buying decision. No one knows what the future holds for you, your family, your job or your finances. But we can help you understand what you’re going to encounter when you embark on the sometimes-difficult journey toward the American Dream of owning a home.
Read more %1$s8 Questions to Help Resolve Your Rent or Buy Dilemma
The decision to buy a home, one of the biggest financial investments you’ll ever make, can be empowering and exciting. While the 2013 National Housing Pulse Survey by the National Association of Realtors showed that 80 percent of consumers believe buying a home is a good financial decision, it’s not always easy to know when the time
Read more %1$s10 things that can lower or raise your homeowners insurance rates
Insurance companies get more skittish by the year, and they’re dropping homeowners. Don’t buy a home only to discover that some old leaky pipe may make your place too costly to insure. Admittedly, insurance doesn’t top the list of considerations in the hunt for a new home. It’s not as if buyers spend hours ogling
Read more %1$sTips for Buying a Home at a Property Auction
Using a property auction to buy a house is gaining in popularity as buyers have come to realize that there are some great bargains to be found. Property auctions are a good way to pick up unique properties as well. Former schoolhouses and churches and such are all available and a good place to start
Read more %1$sHome Buying Mistakes to Avoid
Home Buying Mistakes to Avoid. Forbes shared the top seven home-buying mistakes you should avoid, and they are good items to know and not to do. This is an informative article! 1) Don’t buy a house if you are planning to move soon. If you may be moving in a few years, and you aren’t prepared to be
Read more %1$sThree Deadly Mistakes Every Home Buyer Should Avoid
Deadly Mistake #1: Thinking you can’t afford it. Many people who thought that buying the home they wanted was simply out of their reach are now enjoying a new lifestyle in their very own homes. Buying a home is the smartest financial decision you will ever make. In fact, most homeowners would be broke at
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