Does seller disclosure cover plumbing problems? If there was misrepresentation on the disclosure sheet, you may have a case. Q: Three months ago, I bought a house. I didn’t have a septic inspection. A few days ago, the septic pump failed. I had it pumped, then had a plumber come to inspect. He found that [...]
Is it a good time to buy a home in 2019? It just might be. It might also be a good time to sell. This morning, Fannie Mae released its March 2019 Home Purchase Sentiment Index, which is a composite index designed to track consumers’ housing-related attitudes, intentions and perceptions, using six questions from the [...]
What’s the best way to hold title on your home? A real estate attorney and an avid reader offer their take on how to title your home. Whether you’re single, coupled up or married, deciding how to hold title is one of the most important decisions home buyers make. The ramifications of that decision might [...]
What is the purpose of a home inventory? A home inventory list can make filing an insurance claim in the event of a major loss much easier. Seventy percent of Americans have gone through a natural disaster at some point in their lives, according to research by Farmers Insurance. With that in mind, it’s surprising [...]
How do I pay my first mortgage payment? After closing the sale on buying a home it’s time to start sending payments to your mortgage servicer. Buying a home is the most stressful event of modern life. Now that it’s done, you can breathe a sigh of relief, settle into homeownership and pay your first [...]
Q: We bought our current home six months ago but the pre-sale marketing photos and information are still available on many real estate sites, along with the final sale price. Is there any way to have those photos and information pulled down either by us or by the seller’s real estate agent? What Information About [...]
Why is aging in place important? Seniors are staying in their homes longer than prior generations and it's contributing to the national housing shortage. Today’s seniors have better health and higher levels of education than prior generations and that means they’re living longer and working longer. Seniors born after 1931 are staying in their homes [...]
With the surge of residential real estate development in Chicago, is now the perfect time to buy? There are a few things you have to understand about the market before making the decision. Q: With all the residential development going on in Chicago for the near future, and the many high rises downtown going up, [...]
What happens to real estate when the government is shut down? Fannie Mae released temporary guidelines for loan processors to assist federal workers and contractors during the government shutdown. Homebuyers, lenders and real estate agents might experience closing delays as the U.S. partial government shutdown continues. And, there’s nothing that increases personal and financial stress [...]
Where is the safest city in America? On the east coast, in a smaller metropolitan area with lower home prices, a boon for home buyers and investors. After comparing more than 180 cities across 39 key indicators of safety (like assaults per capita and road quality), WalletHub determined that Columbia, MD is the safest city [...]
