You have found your dream home and you are now speaking with you lender about all of the additional requirements and expenses that you are responsible for. Along with inspections and permits, you find out that you need to pay for title insurance. Many people then start to question if it is actually necessary or is it just an additional fee tucked into your piles of paperwork.
Whether your planning on renovating a newly purchased home or updating your family home, making sure you have a realistic and detailed budget is key. A well-planned budget to follow and modify as needed should be established before any purchases are made or contractors are hired.
The short answer to this question is YES, you should.
Though you might feel as if you have enough knowledge about real estate and can find information you need by doing research, there are many reasons to hire your own agent.
There is a common misconception that those who receive Social Security Disability Insurance (SSDI) do not qualify for home ownership. Fortunately for them, this notion is just not true. While there might be more steps involved and more paperwork to complete, those on SSDI often have the same chances at becoming a homeowner as anyone else. Below we will highlight what people on SSDI need to be aware of and what is available to them.
You have decided to take the plunge and buy a new home…congratulations! What most people focus on when looking for a new home is if the cost of the home itself, the listing price, fits their budget. They start doing google searches and watching the realty sites to narrow the search down to homes within a certain price range. While this is certainly a logical place to start, the price alone should not be the be-all and end-all factor when considering your new home. Many other factors need to be considered in order to see the full picture of your potential new home. Here we will take a look at additional expenses that need to be considered as well as location, land, size and age.