When you buy a home you are responsible for having the utilities turned on in your name. Assuming the utilities will roll over or stay turned on can lead to damages if they get turned off in between occupants.
A home owner bought a house that has several problems. The home inspector did not include any of the issues in his report. Some home inspectors are better than others, but one thing is always clear in a home inspection, if the problem is not visible, home inspectors can't pry walls open to inspect the insides of a home. If the issues you have raised should have been uncovered by a competent inspection, you have a good claim against the inspector.
A soon-to-be college graduate is planning on buying a condo with some of his student loan money for the down payment. Interest rates on student loans aren't that low, and the money will need to start being paid back six months after graduation. This grad needs to calculate his debt, income and expenses to determine if it's really the right time to buy a home.
When a real estate agent uses a lockbox on a property - is the seller receiving subpar service? Many real estate agents use lockboxes on properties so that the seller or agent does not have to be present when a home buyer wants to tour a house. But others believe agents should try harder to attend the showings or send a representative to show how much value they're adding to their commissions.
Mortgage companies have made it difficult, if not impossible, to tell what's a true cost and what's a junk fee. Home buyers are being charged for things that should be included in the profit the lender is making. Lenders have tried to counter the closing cost discussion by introducing mortgages that are "zero closing cost."
