Category: Home Buying

Homeowners insurance, also known as hazard insurance, is a major expense for homeowners, usually between $100 to $200 per month for a basic policy on an average-sized home.  Additional “riders” (extra insurance premiums) may be needed to cover belongings (like expensive jewelry or valuable collectibles) or specific damages (like mold growth) that are not covered under the basic policy.  But there are ways to save on your homeowners insurance policy.

If a home inspection arranged by the seller (or the seller himself) uncovers detrimental information about the condition of a home for sale, the seller  is legally obligated in most jurisdictions to disclose any problems discovered to potential buyers.  Otherwise, the seller could be guilty of fraud.

Buyers can and should take the opportunity to ask the seller or sellers’ agent some direct and pointed questions about the condition of their home for sale before the home inspection takes place.  Buyers can then pass on information to the real estate inspector and request extra scrutiny for potential problem areas. 

A professional real estate inspector will typically spend several hours evaluating a home. He could spend half a day or more, depending on the size of the home, and a considerable amount of additional time completing the written home inspection report. Fees for the services of a real estate inspector typically range from $200 to $500 or more, depending on the size (and age) of the home and the time it takes to conduct the inspection and compile the final report of the real estate inspection.

Have you been dreaming and planning to buy a vacation home someday?  The current market is ripe for vacation homes, especially those home buyers who don’t need income from the sale of a home to make a move.

With home values falling in many markets, a great selection of vacation homes, townhomes and condows for sale are available. With interest rates lower than we’ve seen for years, this may be your window of opportunity to buy a second house or the vacation home of your dreams.

In real estate “Closing” is the term for completing the deal and transferring a home or property from a seller to a buyer. (It’s also known as the “settlement” or “escrow” in various parts of the country.)

So when you go to the closing …

The news of your real estate closing has finally arrived from your lender: You have received final loan approval for the purchase of your new home. That means that the lender has approved you for the amount you need to …

Do you need a real estate attorney to help complete your home purchase? Is it worth the expense? How does hiring a real estate attorney help you? What could happen if you go without a real estate attorney?

There are all …

Adequate homeowners insurance  is require buy your lender before the final closing and settlement when you buy a new home or existing home. Lenders require homeowners insurance to mitigate the risk of major casualties that could devalue the home and their …

If you are a home buyer looking for homes for sale, the last thing you want to worry about is what could go wrong after the closing and after moving in. A home warranty can help expedite the sale of a …

A home inspection can ease your mind about the home you have your eye on buying or a house inspection can reveal untold secrets that can cause you to walk away.

When we say “home inspection,” we are talking about a professional …