MORE HOUSE. MORE YOU.
A BLOG ABOUT BUILDING, DESIGNING, DECORATING AND LIVING IN YOUR DREAM HOME
Recommended Readings
ADVICE ON FINANCING FIRST HOME
It is exciting to buy your first home. However, financing your home purchase can be daunting. Both cases require you to do extensive research and shop carefully to find the exact items you are looking for. It can be difficult to decide how much you want to spend on your home, what type of mortgage is best for you, and what the settlement process will look like. There are many resources that will help you prepare before you even step foot in a model home, sales office or open house. Learn the lingo. The NAHB's Home Buyer's Dictionary can help. Determine what you can afford to pay monthly. Keep in mind that you will have to pay escrows for property taxes and hazard insurance. A lender doesn't have as much information about your daily living expenses as you do. Don't compromise on that number. Calculators for mortgages can be used [...]
HERE ARE 7 TIPS FOR A GOOD PROFITABLE HOME CLOSING
G. M. Filisko, an attorney and award-winning author, is a lawyer. She is a frequent contributor to publications such as Bankrate, REALTOR Magazine and American Bar Association Journal. Her specialties include real estate, personal finances, and legal topics. You should ensure that you walk away with all of the proceeds from the sale. You may feel like you are done when you close on your home and can move into your new place. But not so fast. It is easy to lose a few bucks here, and mistakes can creep into closing documents there. All of this adds up to a lot of lost profits. These seven tips will help you spot money-losing issues. 1. TAKE SERVICES OUTSIDE OF YOUR NAME Avoid any disputes with buyers following closing about fees or cable service that you have not discontinued. Get in touch with every utility or service provider to terminate or [...]
How do I buy a home if I already own one?
This is a crucial question that needs to be answered. You will ultimately have to decide how you want to proceed based upon your situation and your tolerance for risk. There are two options to consider when you purchase a new home and presently own a home: 1. SELLING YOUR PRESENT HOME BEFORE STARTING CONSTRUCTION ON THE NEW HOME You can sell your existing home before you build a new one. This allows you to estimate how much you will need to pay. If the buyer does not allow you to stay in your current home, it will most likely require you to find temporary living quarters or move furniture twice. The buyer should not settle on the current house until the new one is completed. However, buyers will often want to buy and move in before the normal building time for a new home. A buyer might also be [...]
FINISHING YOUR HOME
Settlement, also known as closing, is when the property's ownership passes from the seller to the buyer. It can be confusing to go through settlement for a new house. A seemingly endless list of documents is required for home buyers. Many of these documents are written in a language not commonly used in the housing industry, which can make it difficult to understand. Be an informed homebuyer throughout the entire settlement process Before you go to Settlement Important Settlement Terms Key Settlement Documents BEFORE GOING TO SETTLEMENT There are some important things you need to know before closing day so you can get the best terms possible for your transaction. Ask your lender to give you a copy the HUD pamphlet " Buying Your House: Settlement Costs & Helpful Information". Although most lenders will provide this information to loan applicants under the Real Estate Settlement Procedures Act, you'll be better [...]
BEFORE PRICING A NEW HOME WHAT YOU SHOULD KNOW
You need to verify certain details before you buy a computer. What type of computer do I need? What size and price is the monitor? How about speakers? It was very useful to get a quote on not only the price of the computer, but also the options. This gave me confidence that I would know the total cost before I bought. You will get the base price for a home when you request a price from the website. However, we can't give pricing until we know which options you are interested in. A free estimate is required to determine the cost of building a house. You will need to have it in writing to be able to refer to later. This estimate will include the base cost of your chosen home design as well as any optional items you choose to add. The cost of site development will depend [...]
