The Fair Housing Act (FHA), also known as the Civil Rights Act of 1968, was established in order to protect people who are renting or buying, applying to get a mortgage, or applying for housing assistance from discrimination.
The counteroffer is a common tool used in real estate transactions.
The counteroffer, which is used in the back and forth negotiations between buyers and sellers, is a tool used to by agents in order to (hopefully) come to an agreement which will lead to a successful closing.
When does a counteroffer come into play, and what are the possible reasons behind it?
Whether you’re moving into a new home in another state or you’re moving across town, hiring a moving company is a task that shouldn’t be taken lightly. The company you choose will be in charge of taking take of your possessions and will be responsible for getting them to your new location safely and in a timely manner. Before hiring a moving company, be sure to familiarize yourself with the below questions that you should ask all moving companies you are considering doing business with them.
Coming up with a down payment for a house is often a worry for want-to-be homeowners. Depending on the type of home loan you intend on applying for, you would need either 3.5 to 5 percent of the purchase price, or the standard 20 percent of the purchase price. So where does that money come from? For most people, it comes from years of savings and hard work, and if you are fortunate enough, a portion might come from gift funds. Perhaps the money was given to you as a wedding gift, or maybe from your parents to help you get started as you head out on your own. Regardless of where the gift funds came from, there are guidelines and procedures that must be followed if you’re using gift funds for a down payment.
As the warmer weather creeps in, we all start thinking about vacation days, beach trips and long summer nights. Besides all of the fun-in-the-sun things that are on all of our minds, we should also consider ways to get our homes ready for the warmer weather. A little bit of preparation can save headaches and money later. Consider following the below tips to be sure you are prepared.