If you opt for mortgage refinance, it is undoubtedly a good way of keeping foreclosure at bay but you need to strike the right kind of deal for the same. There are many mortgage lenders in the mortgage industry and not all are dependable. One of the main factors that will decide the success of [...]

You’ve decided it’s time to buy your first home.  What next?  Have you already picked out a location?  Or, have you only decided on a general area that you’d like to live in without really knowing too much about the neighborhoods available to you. Often in conversation you hear a friend or relative say, “We’re [...]

You’ve found your dream house, the contract is signed, and the clock is running.  The last thing you need is another expense right?  Well, expense or not a home inspection by a qualified professional Home Inspector is a must.  Saying no to this part of your real estate transaction is equivalent to waiving your rights.  [...]

If you’ve purchased any appliances or electronics within the past 10 years you’ve probably been offered an extended warranty – a piece of paper that says if what ever you just bought stops working you simply bring the item back and they repair or replace it.  Realistically you can’t just bring your home back and [...]

In most contracts you will find a time is of the essence clause, real estate purchase and sales agreements are not the exception.  What is time is of the essence? In short it is a time frame that if not met usually results in a penalty – in real estate this can mean voiding of [...]

If this is your first home purchase or it’s been a few years since you’ve purchased a home it is always a good idea to read through a contract, and any addendum that would be attached to the type of property that you are looking for.  The best time to do this is before you’ve [...]

When you begin working with your real estate agent, you are going to find that all of the sudden, everyone is an expert in real estate.  There are friends and co-workers that have recently purchased homes, there is of course family who don’t want to see you taken advantage of, and even people that because [...]

You’ve found a Real Estate professional, you’ve pre-qualified for a loan, and now the search begins.  What is it you’re looking for?  Did you know that a large portion of home buyers purchase a home that is completely different than what they told their agent they wanted?  It’s true! This causes three main problems; The [...]

Within moments of your first interview with a real estate agent, you’ll here the words “Prequalified or Preapproved for a mortgage”. Now isn’t the time to run for the hills. Most home buyers, buy with the help of a mortgage. So unless you can dig up a few hundred grand from the back yard, sooner [...]

Scenario 1 – You are driving through your favorite neighborhood, you see a for sale sign on one of the properties. Grabbing your cell phone you frantically punch out the number on the sign and speak with Agent X. Agent X rushes out to the house and gives you a two and a half second [...]