First time home buyer tip #22
If you’re confused about the rules of lending and your home’s appraisal you’re not alone. Especially in this market! I have watched experienced home buyers and sellers get completely confused as well, so here’s the deal: let’s say you’ve made an offer on a house, the sellers have accepted your offer, your loan has been approved and the lender has ordered an...
Read MoreFirst time home buyer tip #21
Yes you should do a final walkthrough right before your closing. Even on a new house. It’s important that you double check everything that is supposed to be there is still there and the house is still in working order. It has nothing to do with whether or not you “trust” the seller – keep in mind after all this is a business transaction, you’re not friends,...
Read MoreAn update on short sale news
An article from Bloomberg.com discusses the theory that banks are starting to approve (or at least consider) more short sales. If you recall my post on “Should I Buy a Short Sale?” you know that short sales can be fraught with complications, may not actually happen in the end and are definitely not for someone looking to close on a property quickly. The Bloomberg article starts out...
Read MoreEven cats love the ice cream man
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