by designonetest | Sep 27, 2019 | Uncategorized
Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price though the amount can vary with local customs and...
by designonetest | Sep 27, 2019 | Uncategorized
A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you live in a flood plain lenders will require that you have flood insurance before lending any money...
by designonetest | Sep 27, 2019 | Uncategorized
You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one year, against potentially costly problems like unexpected repairs on appliances or home systems which...
by designonetest | Sep 27, 2019 | Uncategorized
As we show you in this video, in addition to comparing the home to your minimum requirement and wish lists use the HUD Home Scorecard and consider the following: Is there enough room for both the present and the future? Are there enough bedrooms and bathrooms? Is the...
by designonetest | Sep 27, 2019 | Uncategorized
There are some great tips in this video, like: if possible, take photographs of each house: the outside, the major rooms, the yard and extra features that you like or ones you see as potential problems. Write things down as you go. And don’t hesitate to return...
by designonetest | Sep 27, 2019 | Uncategorized
As you’ll see in this video, many of your questions should focus on potential problems and maintenance issues. Does anything need to be replaced? What things require ongoing maintenance like paint, roof, heating and AC, appliances and carpet? Also ask about the house...
