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BUYER INFORMATION:

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| Why
You Should Work With a REALTOR®
Not all real estate practitioners are REALTORS®.
The term is a registered trademark that identifies a real estate
professional who is a member of the NATIONAL ASSOCIATION OF REALTORS®
and subscribes to its strict Code of Ethics. Here are
five reasons why it pays to work with . . .
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| What is a Home
Warranty?
A home warranty is a service contract, normally
for one year, which helps protect home owners against the cost of
unexpected covered repairs or replacement on their major systems and
appliances that break down due to normal wear and tear. Coverage is for
systems and . . .
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What Not To Overlook During Your Final Walk-Thru
It’s guaranteed to be hectic right before
closing, but you should always make time for a final walk-through. Your
goal is to make sure that your home is in the same condition you expected
it would be. Ideally, the sellers already have moved out. This is your
last chance to . . .
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What a Home Inspector Should Cover
Home inspections will vary depending on the type
of property you are purchasing. A large historic home, for example, will
require a more specialized inspection than a small condominium. However,
the following are the basic elements that a home inspector will check. You
can also use this list to . . .
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Tips for Finding the Perfect Neighborhood
Your
neighborhood has a big impact on your lifestyle. Follow these steps to
find the perfect community to . . .
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Tips for Buying in a Tight Market
Increase
your chances of getting your dream house in a competitive housing market,
and lower your chances of losing out to . . .
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How To Take the Stress Out of Buying A Home
Buying a home should be fun, not stressful. As
you look for your dream home, keep in mind these tips for making the
process as . . .
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Questions To Ask When Choosing a REALTOR®
Make sure you choose a REALTOR® who will provide
top-notch service and meet . . .
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The Pros & Cons of Purchasing a Condo
Condominiums and townhouses offer an affordable
option to single-family homes in many markets, and they’re ideal for
those who appreciate a maintenance . . .
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Questions To Consider For A High-Tech Home
If the latest technology or entertainment options
are important in your new home, add the following questions to . . .
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| Common
Buyer Closing Costs
You’ll likely be responsible for a variety of
fees and expenses that you and the seller will have to pay at the time of
closing. Your lender must provide a good-faith estimate of . . .
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| Closing Documents
You Should Keep
On closing day, expect to sign a lot of documents and walk away
with a big stack of papers. Here’s a list of the most important
documents you should file away for . . .
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Tips for Packing Like A Pro
Moving to a new home
can be stressful, to say the least. Plan far in advance and make sure to
cover . . .
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Common Questions To Ask The Condo Board Before you buy, contact the condo board with the
following questions. In the process, you’ll learn how responsive — and
organized — its members are. You’ll also be alerted to . . .
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Ten Questions To Ask Inspectors
Before you make your final buying or selling
decision, you should have the home inspected by a professional. An
inspection can alert you to potential problems with a property and allow
you to . . .
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7 Reasons To Own Your Home
There are several reasons why you should own your
own home. To see if . .
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5 Things To Know About Title Insurance
Title insurance
protects the holder from any losses sustained from defects in the title
and is required by most mortgage lenders. Here are five other things you
should . . .
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5 Things To Know About Homeowner's Insurance
1. Know about exclusions to coverage. For
example, most insurance policies do not cover flood or earthquake . . .
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Your Property Wish List
What
does your future home look like? Where is it located? As you hunt down
your dream home, consult this list to evaluate properties and keep your
priorities . . .
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What You Can Do To Improve Your Credit
Credit scores, along with your overall income and
debt, are big factors in determining whether you’ll qualify for a loan
and what your loan terms will be. So, keep your credit score high by doing
the following:
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| Tips
for Lowering Homeowner's Insurance Costs
1. Review the
Comprehensive Loss Underwriting Exchange (CLUE) report on the property
you’re interested in buying. CLUE reports detail the property’s claims
history for the most recent five years, which insurers . . ..
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| Tax Benefits of
Homeownership
The tax deductions you’re eligible to take for mortgage interest
and property taxes greatly increase the financial benefits of
homeownership. Here’s how it works.
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Get Your Finances In Order Now
1. Develop a houysehold budget instead of creating a
budget of what you’d like to spend, use receipts to create a budget that
reflects your actual spending habits over the last several months. This
approach will factor in unexpected . . .
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Loan Types To Consider Brush up on these mortgage basics to help you determine the loan
that will best suit your needs . . .
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| How Big of a
Mortgage Can I Really Afford
Not
only does owning a home give you a haven for yourself and your family, it
also makes great financial sense because of the tax benefits — which you
. . .
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| Budget Basics
Worksheet
IThe first step in getting yourself in financial shape to buy a home
is to know exactly how much money comes in and how much goes out. Use this
worksheet to . . .
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10 Questions To Ask Your Lender Here are some suggestions of questions you can
ask your Lender. Always do your homework and be well prepared.
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| 8 Tips To Guide
Your Home Search
Here are some tips to help you get moving towards
homeownership. If you don't know where to begin, this guide will
help you get moving.
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6 Creative Ways To Own A Home
There are various ways you can get assistance with the process of
buying a home. Be sure to ask your REALTOR®
about money available in your local area, because programs come and go
based on various factors.
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5 Property Tax Questions You Need To Ask
The
Tax Assessor’s office can provide lots of information about the assessed
value of any property. Lots of
information is now available on the internet, but if not . . .
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| 5
Factors That Decide Your Credit Score
Credit scores range between 200 and 800, with
scores above 620 considered desirable for obtaining a mortgage. The
following factors affect . . .
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| Speciality
Mortgages: Risks & Rewards
In high-priced housing markets, it can be
difficult to afford a home. That’s why a growing number of home buyers
are forgoing traditional fixed-rate mortgages and standard adjustable-rate
mortgages and instead opting for a specialty . . .
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| Lender Checklist IWhen buying a home, the Lender requires several
documents in order to assess your ability to pay the loan back. Here
is a list of common items to help you move closer towards buing a home.
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Common First Time Buyer Mistakes As
a First Time Buyer, you are new to the process of buying a home.
Here are some common mistakes you can avoid.
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