Home Buyer's Blog

Many details associated with the primary cost of mortgages—the interest rate—can be confusing, especially when you are purchasing your first house. Before you buy, here are a few things you need to know.

Home warranties are a service contract for your home that can cover failure in major systems and appliances due to wear and tear—items that are not usually covered by homeowner’s insurance. If you have a system or appliance problem, instead of calling a local repairman or tackling the problem yourself, you call your warranty company.

Buying a home is a big decision that involves thinking about many different needs and desires. In order to pinpoint your best options, your buyer’s representative will want to know as much as possible about your preferences.

Buying a home involves buying into an entire community. It’s important to make sure your new neighborhood suits your needs and preferences every bit as much as the house you decide to purchase. After all, most houses can be modified, but neighborhoods can’t.

Do you plan to purchase a newly constructed home? It’s an exciting and appealing option. But buying a new home typically entails considerably more steps and decisions than most existing-home transactions.

Finding a new home can be exciting. But deciding what you truly want and need—and can afford—can be challenging. Making these decisions begins with setting priorities among many different preferences.

Purchasing a home is a major decision that includes substantial rewards, but also substantial responsibilities. When evaluating your readiness to take this step, be sure you’ve considered all the related expenses you’ll encounter at the time of purchase and in the future, including...

Most buyers feel considerable pride in becoming a homeowner, but they also recognize that ownership includes many new responsibilities. To keep your home looking and performing its best, here are several of the most important jobs to remember.

The Federal Fair Housing Act, enacted in 1968, is designed to prohibit discriminatory practices when buying and selling homes. Administered by the U.S. Department of Housing and Urban Development (HUD), the law prohibits housing discrimination against seven protected classes—race, color, sex, religion, national origin, familial status and/or physical and mental handicaps. 

If you’ve entered into a contract to purchase a home, your transaction won’t be final until closing. Most buyers have many questions about the process, including: What is closing?, Who attends closing?, etc.

You’ve found a home you’d like to buy. How much should you offer to pay? 

Moving into your new home is a big job. The further you plan in advance, the smoother it will go. This list contains most of the big tasks you’ll need to do and suggested timeframes. Depending on your situation, you might be able to delete (or may need to add) some items.

Most real estate agents earn their living by representing buyers and sellers in property transactions. While commission rates and/or terms vary from one listed property to another, there's no question about which agent and brokerage firm is representing the sellers.

Buying a home can present hidden risks. While sellers must provide prospective buyers with complete and accurate descriptions of properties for sale, each state varies regarding the details sellers must legally disclose to buyers.

When two parties enter into negotiations on a home, there are far too many opportunities for bumps and obstacles to get in the way. What are the most common traps, and how can you avoid them?

Real estate agents frequently use a Comparative Market Analysis (CMA) to estimate a property’s probable selling price. CMAs help sellers decide on a listing price, whereas buyers use them to determine how much they want to offer for a property. 

When it’s time to buy a home, you have choices—not only in the type of property you want to purchase but also in the real estate professional you select to assist with your transaction.

After weeks of house hunting, negotiating, and packing, the time has finally arrived to close on your new home. It's an exciting time! But before signing your closing papers and receiving your keys, a few important details remain, including ensuring that the condition of the home you’re about to purchase has not changed substantially.

Congratulations! A seller has accepted your offer. Before you can take possession of your new home, however, several important details must fall into place.

If you’re like most buyers, you probably started your home search online. What you’ve found, however, may have raised more questions than answers

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