Posted by NewBuyer on December 27, 2009 | No Comments
A current, insightful look at how to buy a foreclosed home. Nine tips are detailed. Learn how to budget carefully, view the home and evaluate the neighborhood, inspect the home for vacancy or improper winterization damage, consider the landscaping, contract for a private inspection, consider a HUD home, do not expect to make a quick profit on the home.
From the resource about buying a HUD foreclosure: “HUD houses go to market about six months after foreclosure. Local governments get the first option to buy. After that, buyers who pledge to live in the house have the first opportunity to offer a bid. If the house is still on the market after a period of about 10 days, the listing is opened to investors. Owner occupants end up with about half of HUD’s properties, according to HUD officials.”
Source: CNN.com
Read More About Buying a Foreclosure at Newbuyer.com
Posted by NewBuyer on December 27, 2009 | No Comments
A concise FAQ and more about car leasing. Learn the formal definition of a lease, how a car lease works and the differences between a closed-end lease and an open-end lease. See also the advantages and disadvantages of auto leasing, how to calculate your lease payment and learn of various auto lease scams.
From the resource: “While most people think they are leasing a car from a dealership, in reality you are leasing it from a company. The dealership sells the car to the leasing company, who then lease it to the consumer under the terms agreed upon.”
Source: Automotive.com
Read More About Auto Leasing at Newbuyer.com
Posted by NewBuyer on December 27, 2009 | No Comments
A comprehensive list of things to check out while walking through a prospective home for the first time, including: drywall, paint, baseboard, light fixture locations, carpet, roof tiles, windows, doors, tile, granite, tubs and appliances. Detail is given for each of the above areas of consideration.
The resource suggests that “you bring a walk-thru punch list with you when you walk through the home.”
Source: Amazines
Read More About Looking at Homes for Sale at Newbuyer.com
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