Home Buying

Buying a home is often the biggest single purchase you’ll ever make. But it isn’t just choosing a home to buy that’s complicated. You’ve got to think through neighborhood issues, size issues, and cost issues. Buying a home can also include legal issues, construction or building concerns, and have serious tax implications. Financing your home purchase is another big topic of interest for most home buyers. From this topic page, you’ll be able to find articles and videos that help you understand how to balance what you want in a home with what you can afford to spend. You’ll also be able to refine your search about buying a home by using the topic cloud on the right navigation.

4 Tips for Buying an Investment Home Near Campus

Would you buy a place to live for your kids in college? Would you make the purchase while your kids were in middle school? Apparently some overeager parents are buying their college-bound kids apartments near some top ivy schools, long …

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3 steps to buying a home that grows in value

The housing market right now is a “crapshoot.” Economist Karl Case—co-founder of the heavily-followed S&P/Case-Shiller home price indices—told CNNMoney that today’s housing market is nothing like the predictable pre-crash housing markets, where you could bank on small but reliable price …

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Buying the Right Size Home

Planning for the future before you buy a home can be challenging, especially if you’re a first-time homebuyer in your late 20s or early 30s. Looking for a home in a good school district with multiple bedrooms may seem premature, …

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Three Contract Contingencies You Should Know About Before Buying a Home

Contract contingencies offer protection for people buying a home in case something goes wrong. There are three standard contract contingencies homebuyers should know about to make sure they can get out of a home agreement if they need to. Under …

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Why Are Hedge Funds Buying Real Estate?

Many wonder why hedge funds are buying real estate. They have bought into the idea that homes are another great investment opportunity. By: Ilyce Glink and Samuel Tamkin Mortgage interest rates ticked down again this week. But home buyers have …

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What Every Home Buyer Should Know Before Buying Property

What every home buyer should know before buying property is crucial. Start by researching the market, and learning about the target property. By: Ilyce Glink and Samuel Tamkin Q: In your recent column, you gave wise counsel on making a …

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Getting a Home Appraisal Before Making an Offer

Getting a home appraisal before making an offer will help determine how a bank would look at the fair market value of the property. By: Ilyce Glink and Samuel Tamkin Q: We are trying to buy a new home and would …

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Should I Cut My Broker’s Commission after Low Real Estate Appraisal?

Should I cut my broker’s commission after a low real estate appraisal? If your appraisal is too low, the broker decides whether to take a cut. By: Ilyce Glink and Samuel Tamkin Q: First, thank you for your radio show. …

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Is It Still a Good Time to Buy a House?

Is it still a good time to buy a house even though inventory is low, interest rates are rising and home prices are trending up?   By: Ilyce Glink and Samuel Tamkin Wouldn’t you know it: There are still buyers …

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Seller Disclosure Form – Was Your Seller Truthful?

Was your seller truthful on the seller disclosure form? How to prove your seller knew about previous issues in the house and didn’t disclose them.  Q: I recently purchased a home in Aurora, Illinois. I received the sellers’ disclosure form …

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