Posted by NewBuyer on December 6, 2009 | No Comments
A helpful mortgage calculator that lets you break down your income and debt obligations, including: annual income, child support payments, auto payments, credit card payments, monthly association fees and other monthly obligations. The calculator provides default loan assumptions that can be easily changed. You will need your estimated property taxes and homeowner’s insurance handy (in dollars, not a percentage).
Source: Yahoo Real Estate
Read More About Mortgage Affordability at Newbuyer.com
Posted by NewBuyer on December 6, 2009 | No Comments
Learn how to evaluate neighborhoods with regards to school systems as well as crime statistics, surrounding property values, public untilities and more. Detailed advice is given on how to research schools in each neighborhood.
From the resource: “Research school test scores, student-teacher ratios, average class size and special-education classes on community web sites.”
Source: HomeFinder.com
Read More About Selecting a Neighborhood at Newbuyer.com
Posted by NewBuyer on December 6, 2009 | No Comments
A useful primer on conducting a successful home inspection. Learn why you need a home inspection prior to purchasing a home, how to find a good home inspector, the importance of attending the home inspection, knowing what you are looking for and the questions to ask. See what happens after the inspection and how to interpret the inspection report.
From the resource: “There’s a lot more to know about the home you are about to purchase than location, location, location. Licensed Professional Engineers who specialize in pre-purchase home inspections will tell you that there is nothing more important than structural, structural, structural. If the home you are about to purchase does not have the structural integrity to give you peace of mind, you may be buying into a money pit and sleepless nights.”
Source: HSH Associates
Read More About Home Inspections at Newbuyer.com
Older Entries