Home Buying Tips

• How do I prepare to close my home purchase?
  Finding a home to buy and negotiating the purchase contract are the toughest parts of the home buying process for most people. But, if you don't plan ahead, and carefully monitor your home purchases transaction, you could find trouble ahead. Continue article...
• Back out legally
  When can I pull out of a purchase contract? Continue article...
• Online Lending Makes Financing Your Dream Home Easy And Fast
  Financing the construction of your dream home may seem like a complicated process compared to the standard home purchase or refinance of an existing home. Continue article...
• Property Lines Not Always As They Appear
  Fences do not always follow the boundaries of the property. This will only be the case if the seller had the property surveyed and had the fences built on the property line. Often, sellers do not go to the expense of having surveys performed when they put in fences. The fences end up where the owners think the property lines end. Sellers may replace old fences that were built by previous owners who may not have known the location of property lines. Continue article...
• Home-based business brings recapture concerns
  Working at home has become as common as playing at home. Some employers will tell you the two are synonymous while many spouses – especially seniors and aging Baby Boomers not used to having their partner in the home all day—wonder if home-based work really is a good idea. Continue article...
• How would a truly flexible mortgage work?
  Lat week I had little good to say about Fannie Mae's new Payment Power Program (PPP), which allows a borrower to skip up to two mortgage payments in any 12-month period, and up to 10 over the life of a loan. A skipped payment results in an additional loan, equal to the payment plus a healthy access fee, tacked on to the balance. As an emergency source of funds, it is much more costly than accessing a home-equity line of credit (HELOC). Continue article...