There's no limit on what you can use a home equity loan for, but the interest is only tax-deductible if it's spent on building, repairing or renovating your property. And because you're using your house as collateral, your lender can force you into foreclosure if you fail to make paym...
there was a drop in points, which caused many people to hesitate before taking advantage of the relief offered byIllinois bankruptcy laws. However, the long-term effects are often optimistic. For many individuals, bankruptcy ultimately positively influences their credit score. This is because the...
Home Warranty: A guarantee for certain features of a new home, such as the materials, workmanship and/or its main components offered by a dealership or builder. Home Warranty Policy: An optional policy that is available that protects a homeowner against the cost of high repair bills for one ...
Homeowner’s Warranty A type of insurance policy that covers repairs to certain parts of a home for an agreed upon period of time. It is typically provided by the contractor or seller as a condition of the sale Housing Ratio A standard calculation performed by mortgage lenders to determine if...
with its potential for expansion, presents immediate income and long-term growth. The gem of this property is the new roof with 10 year manufacturers warranty. Don't miss this chance to build your real estate legacy. Located near Hartnell College, schools, bus lines, and major freeways, this...
patrick was amazing to work with while looking to buy our first home, and throughout the buying process once we found it. he was incredibly responsive, always answering my MANY questions within a few hours. while looking for properties he had an excellent eye for things that would be problem...
Another thing to examine is whether the work features a written warranty. A written warranty shows that the work has been carried out and that if there are any future issues linked to the preliminary fencing setup, they could be corrected totally free of charge. Warranties are usually for one...
After the homebuyer pays all the payments called for under the contract, the seller is obligated to give the homebuyer a Warranty deed to the property. The use of contracts for deed to buy a property’s been on the rise since 2008. The foreclosure crisis in 2008 to 2010 has resulted in...
offer a written warranty. The implied warranty means that builders are held responsible for repairing their work for a certain period, such as ten years. Without written documentation, homeowners must obtain a legal resolution of a dispute if the builder doesn’t live up to the implied warranty...
When you’re buying a home and are under contract, the appraisal will be one of the first steps in theclosing process. If the appraisal comes in at or above the contract price, the transaction proceeds as planned. If the appraisal comes in below the contract price, it can delay or derai...