With home prices on the rise and buyer demand still strong, some sellers may be tempted to try to sell their homes on their own rather than using the services of a real estate professional. Real estate agents are trained and experienced in negotiation while, in most cases, the seller is not. Sellers must realize that their ability to negotiate will determine whether or not they … [Read more...] about Selling Your House: Here’s Why You Need A Pro In Your Corner!
Q: I bought my house in New Jersey, signed the contract in April, and got it inspected within the ten day window. During the inspection, the electrical panel was not available due to being blocked by poorly hung drywall. This was really inconvenient for me, because the house was disclosed as having aluminum wiring, and I would not want the house if this is the case. However, … [Read more...] about Home inspection issue
Q: a friend cosigned on the loan for a house but her name is not on the deed we are no longer friends. her lawyer wrote me a letter sayingthat she is liable for the unpaid balance of the loan but she does not have ownership interest in the property they are telling me that i have to refiance and get her name off the loan or i have to put her on the deed of the house or they … [Read more...] about Friend Cosigned For Home Loan
Q: What does the term (Paid Out Of Closing) stand for? A: When financing a property, there are certain costs & charges a buyer (sometimes seller) has to pay for. If any of these costs are paid before the closing, they are then referred to as paid outside of closing. An example of this would be a credit report or appraisal – the cost of both frequently appear on closing … [Read more...] about Paid out of closing
Some Highlights: “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons — including control of living space, flexibility in future decisions, privacy and security, and living in a nice home.” The top reason millennials choose to buy is to have control over their living space, at 93%. Many millennials who … [Read more...] about 5 Reasons Why Millennials Buy a Home [INFOGRAPHIC]