Prefer fabric covers (cotton, for example) that allow sofas to breathe while protecting them from external aggressions such as: Humidity Tasks Dust The scratches on the leather For a Leather Sofa: How to Maintain the Leather During Storage Do you plan to store a leather sofa or armchair for ...
For example: If the appraised value of the property is lower than the purchase price, then I can ask for a lower price or get out of the contract. » MORE: Tips for first-time home buyers When working with your agent to write the offer, you'll have to decide which contingencies to...
Example of a home equity agreement Home equity agreement alternatives The bottom line What is a home equity agreement? A home equity agreement, also referred to as a shared equity or home equity sharing agreement, is a financial arrangement that allows homeowners to access a portion of their hom...
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.
For example, do you want a one-story home or a two-story one? Three bedrooms or four? Two bathrooms or three? Large property (plenty of growing room) or small property (low maintenance)? Detached home or condominium? Fixer-upper or move-in ready?
Finally, a word on the value of negotiating a lower commission with your agent. Look again at the example in which you offer $400,000 and ask the seller to pass along 2.5% of it, or $10,000, to your agent. Now imagine a competing buyer who also offers $400,000 — but asks for...
In the state of New Jersey, for example, home-builders must provide a warranty to anyone buying a new home. These warranty plans for new homes are different from plans offered to existing homeowners. In individual states such as Texas, residential service contracts and appliance warranty plans ...
Kelly Burgess has more than a decade of experience in the product review space and is a writer in the consumer advocacy field. She likes helping people choose products that will have an outsized impact on their daily lives, like mattresses and home appliances. ...
Contingenciescan include details such as the time frame (for example, “the buyer has 14 days to inspect the property”) and specific terms (such as, “the buyer has 21 days to secure a 30-year conventional loan for 80% of the purchase price at an interest rate no higher than 4.5%”)...
FHA loans can be a good choice for first-time homebuyers because, in addition to their less stringent credit requirements, you can make adown paymentas low as 3.5% in some cases or 10% in others.65FHA loans are also subject to limits. In 2024, for example, the limit on a single-fami...