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Buying a House

Taking Possession Before Or After Closing

By | March 29th, 1999|

Possession is when you actually take control of the property. It is the last thing that usually happens in the home buying process, unless a special deal is made to allow the sellers to move out after closing, or for the buyers to get access to the property prior to closing. The seller might let you take possession early so that you can move in or get started on the remodeling. If you do close, and the sellers are keeping possession for a short period of time, you should put a portion of the closing funds into an escrow account at closing. These funds are an important piece of leverage you may need if the sellers decide perhaps they'll stay after all.

Buying A Home: Real Estate Brokers Get The Best Results

By | February 8th, 1999|

If you're planning on buying a home, using a real estate broker will get you the best results. Real estate brokers are usually paid by the seller, so the person buying a home gets the expert advice without the cost. If you decide on buying a home with the help of a real estate broker, your chances of getting the best deal or the home of your dreams will shrink.

Past And Future Of Real Estate In America

By | October 12th, 1998|

The real estate world has changed dramatically in the past decade. The biggest changes in real estate have come from the application of advanced technologies to the home buying, selling and financing process.

Is The Market Cooling Off?

By | September 21st, 1998|

Subtle signs of a market slowdown are popping up here and there. Between an unpredictable stock market, interest rates and uncertainly in the White House, the market is becoming more volatile as well.

Benefits Of Renting If You’re Not Ready To Buy

By | June 15th, 1998|

With the way the market is going, you might be thinking that everyone and his or her brother is out in force looking for a home to buy. It may feel that way, especially if a few properties have slipped through your fingers. Why would anyone rent, especially if you could own a home for less money and take advantage of the tax benefits offered to homeowners? However, many people are still renting, especially if they're not ready to get established in a community or put in the effort that comes with buying a home.

Real Estate: Buying Property At Auction

By | May 11th, 1998|

Auctioning off real estate has come into its own. Now, you can sell a home through an auction, and then auction off the contents leaving just the property. Once you've stripped down the interior, it's time for the down and dirty auction to take place: The home demolition auction.

Find Cash For Down Payment

By | April 13th, 1998|

When you're buying a home you need to come up with cash for a down payment. A good down payment will help you get a good mortgage loan. What are some sources for down payment money? You can use inheritance money toward a down payment or get a special down payment loan. You can also ask the seller to finance the down payment for you as a second mortgage. Learn how to collect down payment money here.

Home Buying: Surviving A Tight Market

By | January 26th, 1998|

Across the country the market is tight, and there are too many home buyers who want to purchase the few homes that are for sale. Competition for these good homes increases, and prices rise. That can be a scary situation, particularly for first-time buyers and sellers who have lived in their homes for a long time. Ilyce provides some tips for navigating a tough real estate market.

Choosing A Quality Home Inspector

By | January 19th, 1998|

It seems as though everyone is looking for a qualified home inspector these days. Buyers want someone to tell them that the home they're about to purchase is going to be problem-free (or at least give them some warning about what's in store). Sellers want to know what the home buyer's inspector is going to find before they even list their property. But if you're going to pay $250 to more than $500 for a home inspection report, you should find an excellent home inspector (or structural engineer) and know what you're going to get before you sign the inspection contract.

Getting Your Money’s Worth From New Construction Developers

By | January 5th, 1998|

The average new construction home buyer had better brush up on his or her knowledge of home building or risk paying more -- and getting less -- for a home than they planned on. So what should new construction home buyers look for? Buy a home from a quality builder or developer. Do your research. If you don't understand, ask .

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