How to Make an Offer on a Home

Posted by on January 1, 2010 | No Comments

A concise look into the importance of “contingencies” or “conditions of sale” when making an offer on a home. These include a home inspection, a review of deed covenants and title, easements on the property and property zoning.

From the resource: “Take your time in developing this list. Even before you start looking for your new home, make a list of these items so that when you make an offer, you have everything at hand when you are in the agent’s office. When you are actually writing the offer with your agent, you may forget something that is important and could cost your deposit and put you in a less than satisfactory situation with the new home.”

Source: HowToDoThings.com

Read More About Making an Offer on a Home at Newbuyer.com

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Filed Under: Home Buying

New or Used?

Posted by on January 1, 2010 | No Comments

An easy-to-read, helpful look at the pros and cons of buying a new car versus buying a used car. A sample from the resource stating a disadvantage of buying new: “Rapid depreciation in the first few years of ownership. The exception is very high demand vehicles, in short supply. New car buyers absorb the bulk of a vehicle’s depreciation.”

Source: autobytel

Read More About Buying a New vs. Used Car at Newbuyer.com

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Filed Under: New Car Buying

Your Guide to Reverse Mortgage Counseling

Posted by on January 1, 2010 | No Comments

A valuable look at reverse mortgage counseling. Learn that a counseling session is required for those interested in FHA’s Home Equity Conversion Mortgage. See how the counseling needs differ with private lenders and understand how to find a HUD-approved counselor.

From the resource about where to find a reverse mortgage counselor: “Reverse mortgage lenders are required to provide prospective borrowers with a list of 10 reverse mortgage counseling agencies.”

Source: MainStreet

Learn more about reverse mortgages from Newbuyer.com.

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Filed Under: Mortgage

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