It is critical to respond to counteroffers as soon as possible and to avoid making a counteroffer with any term that is not truly a deal breaker. Delays in responding leave space open for another buyer to step in and create a bidding war, or even more likely, for the seller to perceive that other serious buyers might be out …
You’ve scouted out the best mortgage rate and fought hard to get the best price on your new home. But your bargaining shouldn’t stop there. 1.1 million new households were formed during the third quarter of 2016, according to the U.S. Census Bureau. This figure includes households formed in both rented and owner-occupied units. Out of the 1.1 million total …
You bought the house and circled “moving day” on the calendar. Before you get settled in, there are some things you need to do to your new home immediately. The No. 1 task: Change the locks. Who knows how many people have keys to what’s now your home? The fix is easy: “It’s usually a minimum charge for a locksmith …
For months, the real estate market—and markets in general—have suffered a lack of security. From the Brexit aftermath to the U.S. election, political wildcards, as well as structural market shifts, have made prognostication and predictions difficult. But there are still fundamental changes at play and, amid the ups and downs, the United States has emerged as a safe haven and …
LED lamps are relatively simple to work with – requiring no ignition voltage to start, and generating no nasty spikes or surges. Observing some simple rules of thumb, however, will improve the efficiency of the lamp and prolong its life. Applications with exacting requirements in terms of light wavelength or other performance can also be readily addressed, provided that some …
Whether you’re becoming a homeowner for the first time or you’re a repeat buyer, buying a house is a financial and emotional decision that requires the experience and support of a team of reliable professionals. In the maze of forms, financing, inspections, marketing, pricing, and negotiating, it makes sense to work with professionals who know the community and much more. …
A fixed-rate mortgage has an interest rate that stays the same for a set period. This could be anything from two to ten years. Your repayments are the same every month and you don’t need to fear fluctuations in interest rates. The rate will remain the same over the specified period, no matter what happens to the Bank of England’s …
There are many reasons why stepping into home ownership is a struggle for many first-time buyers. Young buyers have to deal with housing inventory and affordability issues, high student-loan debt, rising rents in many cities popular with young people, and jobs that don’t allow them to save up enough money to move out of their parents’ homes. There’s another underreported …
Knowing how your credit score affects the home buying process by those who are seeking a mortgage makes it imperative that one find out her credit score early-on. Your FICO score plays an important part in the home buying process and in determining the interest rate that a lender offers. Key Takeaways: http://naeba.org/blog/what-home-buyers-should-know-about-credit-scores Alliance Credit Counseling 8000 Corporate Center Dr …
Avoiding closing day nightmares, such as a long delay or, worse, a canceled home sale, requires complete communication from the day a contract is signed until the house keys are exchanged. If you have to reset the paperwork and the settlement date, you could lose your lock on your loan’s interest rate or even the deal if the sellers have …