MORE HOUSE. MORE YOU.
A BLOG ABOUT BUILDING, DESIGNING, DECORATING AND LIVING IN YOUR DREAM HOME
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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 [...]
Is there any hidden cost to building?
BUILDING PRICES STYLE LIKE ICEBERG. A HONEST BUILDER WILL DISCOVER WHAT'S BELOW THE SURFACES. It's exciting to build your dream home. More than 1,000,000 new homes will be built this year, according to the U.S. Census Bureau and U.S. Department of Housing and Urban Development. You've probably thought about building if you have ever had the idea. Because of all the factors involved in building a house and the choices that you make, the answer may be more complex than you think. Fine Line Homes' goal is to make building easier, more fun, and less stressful. This means that you will have complete transparency regarding your building costs and materials. Upfront Pricing will give you exact pricing and let you know that the products are of higher quality. Not all home builders are the same. We'll help you make informed decisions by revealing hidden costs and fees that builders use [...]
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 [...]
KEEP YOUR HOME AVAILABLE FOR SALE
Once you have found a buyer, all that is required to close the deal is to avoid these five traps. Finding a buyer is only the first step in the home-selling process. Be careful in the coming weeks, as if you make any of these common selling mistakes, your deal might not close. First Mistake: Ignore contingencies Do what your contract calls for. You shouldn't make the sale conditional on repairs. Buyers won't notice if you do cheap fixes. Second Mistake: Don't bother fixing things that break A seller doesn't want buyers to notice that the home isn’t in the same state it was when they offered. Sellers must repair any damage to a house that is about to be bought. The furnace should be repaired by a qualified professional. If you fail to maintain your home, buyers will lose faith in your integrity and home's condition and may decide [...]
