What’s the Difference Between Replacement Cost Vs Actual Cash Value in Home Insurance?
May 4, 2018You pay homeowner’s insurance, and although you never want to have to use it, there may be some unfortunate circumstances that may require you to file a claim. Of course, it’s important to crunch the numbers to make sure that it makes financial sense to start a claim, considering the fact that there’s a deductible to pay and an increase in premiums to deal with.
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Sellers: Before You Finalize Your Taxes, Here are 5 Write-Offs
April 30, 2018Paying taxes is never fun, but you may be able to find ways to keep a little extra money in your pocket when filing. If you’ve recently sold your property, there are several different tax deductions you’ll want to be aware of, including the following.
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INFOGRAPHIC: Your Home Inspection Checklist
April 26, 2018Don’t miss the opportunity to have the home you plan to purchase inspected before you finalize a real estate contract. Before you close on a deal, make sure the following components are checked out during the home inspection.
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What Exactly is a Mortgage Transfer?
April 23, 2018With the typical sale of a property, the new owners usually apply for a mortgage to finance the purchase. When the sale is finalized, the new owners begin paying their new mortgage with the set of terms and interest rate that were agreed upon with their lender. But in some circumstances, a mortgage may be transferred from the sellers to the new owners.
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What Types of Liens Can Cloud the Title on My Property?
April 19, 2018Real estate transactions aren’t always free of unpleasant surprises. Sometimes a home inspection will uncover an unknown issue or the buyer won’t be able to secure financing despite being pre-approved. But there’s another potentially unexpected issue that can arise after an offer has been accepted: property liens.
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Why Should Buyers Sign a Buyer’s Representation Agreement?
April 16, 2018Buying a home is a big deal, and buyers are highly advised to have representation when they search for a home and negotiate a deal. Having a real estate agent represent you when making this massive purchase is certainly beneficial for many reasons, but the details of this professional relationship should ideally be outlined in a contract, known as a Buyer’s Representation Agreement.
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INFOGRAPHIC: First-Time Homebuyer Stats
April 12, 2018What do today’s first-time homebuyers look like? The following stats will help paint that picture, as compiled by the National Association of Realtors (NAR).
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Pros and Cons of Buying in a Gated Community
April 9, 2018A gated community is basically a neighborhood of homes that can only be accessed by residents and their invited guests. Before you decide whether or not a gated community is right for you, consider the following pros and cons first.
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How to Handle the Final Walk-Through Inspection Before You Close
April 5, 2018The final walk-through of a home is your last chance to make sure all is as it should be before you close on the deal. Here are some tips for conducting the final walk-through of the home you’ve agreed to purchase.
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Is it Possible to Buy a Home With Bad Credit?
April 2, 2018Getting approved for a mortgage can be pretty challenging these days. Lenders are rather stringent with their lending requirements and aren’t in the business of loaning out money to just anyone. Nowadays, you’ve got to meet strict criteria in order to get approved for a conventional mortgage, and that includes having good credit.
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