the mortgage must be repaid in full at the end of the term. Most landlords will pay for this by selling the property, although if house prices have fallen since the time you bought the property then you will struggle to repay the mortgage. You should make sure you have enough savings to...
21/08/2016 Help to Buy ISA Savers Blocked From Using Bonus Funds For House Deposit 29/06/2016 Post-Brexit Brings a Minor Rise in House Prices The gloomy forecast of a post-Brexit UK economy has been tempered by a minor rise in house prices, but is this a temporary glimmer of hope?
Reverse mortgages can be a good way to shore up retirement income, but the costs can outweigh the benefits for some.
Some associations might keep a large cash reserve to pay for maintenance, repairs, or other issues. Others might have lower fees, relying on special assessments to cover unexpected expenses. Here’s how the assessment route works: When a major expense, such as replacing a roof or elevator, co...
Tips for selling your house fast include finding the right real estate agent, pricing it correctly so that it sells, ensuring it's cleaned and decluttered, boosting your curb appeal, taking care of quick repairs, and sweetening the deal. Whether you're relocating for a new job that starts ...
How Long Does It Take to Close On a House? Typically it takes 30 to 45 days to close on a house, depending on a few factors like how fast it takes to get a home inspection and whether or not you are pre-approved for a mortgage.10 ...
The inspector will check for damaged or missing siding, cracks, and whether the soil is in excessively close contact with the bottom of the house, which can invite wood-destroying insects. However, the pest inspector (yes, you might want to engage one of those, too), not the home inspecto...
Flipping houses is time-consuming. It can take months to find the right property. Once you own the house, you’ll need time torenovate. This means you'll have to give up personal time on demolition and construction if you have a day job. If you pay someone to do the work for you,...
Buying a foreclosed home may be cheaper than buying one at market price, but it can be a challenge, and you may have to research options for financing if you can't pay all cash. A foreclosed home is a property that its owner couldn't afford to keep, so the house and property around...
Leased-land properties often are part of an HOA, which means extra monthly fees that are somewhat unpredictable. While HOA fees typically are a set amount each month, they can rise annually. The HOA also can levy a special assessment for majorcommunity propertyrepairs or upgrades, creating a l...