MORE HOUSE. MORE YOU.
A BLOG ABOUT BUILDING, DESIGNING, DECORATING AND LIVING IN YOUR DREAM HOME
Recommended Readings
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 [...]
ALLOWANCE VS. UP-FRONT HOMEPRICE
WHY YOU SHOULD ABIDE FROM BUILDER ALLOWANCE AT ALL CHARGES Charlotte McCourt, 11, could teach new home builders how to use allowance pricing. Charlotte McCourt, a New Jersey Girl Scout is serious about honesty, particularly when it comes to customer service. She wrote in a letter, "I would love to tell you about cookies themselves, for some descriptions, I'm afraid use false advertising." . . "I love being open with my clients." Charlotte rated each cookie from 1-10. She said, "Savannah Smiles taste like sweet lemon wedges. They have the perfect balance of sweet and tart." This cookie is a 7 because of its delicious taste." She ended her remarks with the Toffeetastic. It received a 1 because it was "a bleak, flavorless and gluten-free wasteland". It's as tasteless as dirt. Her candid pitch for selling cookies went viral and she was rewarded with record-breaking sales. Truth in advertising is [...]
SEARCHING FOR THE GREAT RATE: HOW DO YOU FIND THE BEST MORTGAGE RATES?
There are many factors that go into mortgages. This is especially true for first-time homebuyers. The wrong choice can lead to thousands of dollars in interest payments and negatively affect your financial future. There are many factors to take into consideration when looking for the best mortgage rate. This article will explain how to find the best mortgage rate. You can feel confident that you have made the right choice. TIPS TO FIND THE BEST MORTGAGES RATE Are you unfamiliar with the different types of home loans or what to look for in a mortgage interest rate? These are the top tips and best practices to help you choose the right one and build your dream home. CONSIDER MORTAGE TYPES There are two types of mortgages that you need to be aware of: adjustable and fixed rate. Fixed-rate mortgages lock in a fixed interest rate for the life of the [...]
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 [...]
