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Home Buyers
First time home buyers are often lost when it comes to the various details of purchasing a new home, so some important services could get missed if you don’t educate yourself. One such service is a home warranty. Buying a home is expensive, likely to be the largest purchase of your lifetime, so it is important to protect your investment. A home warranty is a bit like an insurance policy, only it is purchased at the time of sale and it provides a more limited kind of coverage. The warranty pays for repair and replacement of household problems, generally at least for the first year of ownership, with the possibility of extension. Getting your home serviced simply involves calling the company that services your warranty, they will hire a repair person and charge you a per service fee, generally less than $100.00.
Posted: July 8th, 2008 at 12:17 pm
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Home Buyers
Purchasing a home comes with many potential costs and problems, so when you are in the process of closing, it is important not to skimp on one of the most important parts of the home buying process: hiring a home inspector to examine the house for serious flaws. A full inspection is very thorough, and many contracts guarantee that their results are accurate; giving you recourse if an inspector missed something. While it might seem like you would notice common problems, it is essential to have a professional set of eyes examining for serious problems in advanced.
Posted: June 16th, 2008 at 4:41 pm
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Home Buyers,
Real Estate Investment
Purchasing a home is a serious commitment, and going into the process it is important to look for items that add fundamental value to a home. By focusing on these features you will find a home with a more sustainable value, even in times of weak markets. There are any number of factors that one could include in a list, but some of the most important are the lot a home is on, the surrounding neighborhood, the number of bedrooms and bathrooms, garages, fireplaces, and just about any other amenities that are fixtures in the home. Floors and windows are also helpful, although they are easy to replace, new ones will retain their value for a long time.
Posted: June 16th, 2008 at 4:29 pm
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Home Buyers
When purchasing a foreclosed home, a lot of buyers expect the process to be simple and a guaranteed way to make money. Unfortunately, there are a lot more nuances to the value of a foreclosed home, and in many cases buying a foreclosure can come with endless headaches. So just what are the up and down sides to purchasing a foreclosure? It depends on what stage of foreclosure the house is in.
Posted: May 16th, 2008 at 3:37 pm
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