Corruption is also a concern after leaders of the Hammocks HOA were accused of theft and fraud to the tune of two million dollars. Florida now has the HOA Bill of Rights but critics say its protections don't go far enough. We hear from homeowners from four South Florida HOAs, Miami-...
If the property you're planning to buy includes an easement, find out all you can—it'll affect your homeowner property rights. Here's what you need to know.
To fix the appraisal gap, the buyer can come up with the cash to make the difference, or ask the seller to agree to the lower price – if the seller won't budge on the price and the buyer doesn't have enough cash, the deal falls apart. Related: Everything You Need to Know About...
When a buyer goes shopping for a home, they are obviously looking at the total square footage of a house. If your home has an unfinished basement or attic, these spaces are typically not included in the promoted square footage of a house. However, if you stage them to show how they can...
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1. Look at Your House Through the Buyer’s Eyes As with physical curb appeal, it’s important to look at your home how a buyer would see it. Look at the photos of your home: Do they tell a story or do they make it harder to tell what’s going on from room to room? “When ...
These first-time home buyer tips will help you navigate the homebuying process, including saving for a house, choosing a mortgage and closing the purchase.
According to the U.S. Department of Housing and Urban Development (HUD), any individual who meets the following criteria is considered a first-time homebuyer:[1] An individual who has had no ownership in a principal residence during the three-year period ending on the date of purchase of ...
In the past, home sellers and real estate brokers bought warranties as marketing tools, to give the house an edge on the competition, Branson said. Today, however, more than half the warranties sold are in response to a demand by the prospective buyer as a condition of buying, with the ...
If an eligible first-time homebuyer has aRoth IRA, they can withdraw money for the purchase both tax- and penalty-free as long as they've had a Roth account for at least five years. They can also withdraw their contributions to the Roth account (but not the earnings) whenever they wish...