A solar panel system is a great way to conserve energy and reduce electricity bills. Uncover everything you need to know about buying a house with solar panels.
Subprime mortgages are for borrowers with lower credit scores that prevent them from being approved for conventional loans. But they also have notoriously high interest rates and are difficult to pay back. Dragon Claws/Shutterstock Owning a home has long been touted as the "American dream" — ...
In some states, such as Michigan, property taxes are capped at a certain annual increase, but that cap comes off with the sale of a home. If the property hasn't sold in a long time, this could be a massive increase compared with the previous tax bill. My husband ...
A home inspection is a review of the overall condition of a home. It’s a worthwhile step because it can help you catch costly issues or needed repairs before moving forward with the sale. Depending on what’s found, you may choose to request repairs, renegotiate, or cancel the purchase ...
Make sure you do the math. What often seems cheap in Thailand isn't all that cheap when you make a market comparison. Compare how much you are paying per sq.mt with what you'd pay back home. Factor in the relative price. If you are paying 5 million Baht for a condo here, the sa...
A person who coordinates closing-related activities, such as recording the closing documents and disbursing funds. Closing Costs The costs to complete the real estate transaction. These costs are in addition to the price of the home and are paid at closing. They include points, taxes, title...
Besides recurring expenses, the couple also paid $8,462 in upfront costs, excluding the $60,000 down payment. Here are all of the other expenses they owed before moving into their new home: Appliances: $4,238They had to buy and install a refrigerator, washer and dryer. ...
Everyday thousands of Nigerians at home and abroad hope to buy lands in Nigeria more especially in popular cities such as Lagos, Abuja, Port Harcourt, Abeokuta, Ibadan etc. Yet a common reoccurring theme that filters through their minds is how to safeguard their money, so that they won’t...
At the auction, the home is sold to the highest bidder for cash payment. Because the pool of buyers who can afford to pay cash on the spot for a house is limited, many lenders make an agreement with the borrower (called a deed in lieu of foreclosure) to take the property back. Or,...
You may own no houses for a time, in which case you'll need money in the bank and a temporary place to live. Or, you may own two houses at once. That's why it's important to have a back-up plan. 5. Shopping For a Home ...