Buying a home is a big commitment — financial and otherwise — so take the time to weigh pros and cons. Here are five questions homebuyers should ask themselves: 1. Will I own it for at least five.
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To narrow down your choices, decide what amenities you most value, says Mitch Barry, 53, a retired software developer from Phoenix, who, with his wife, Christy, visited more than a dozen golf.
For example, recommended questions first-time home buyers should ask home sellers include: What major repairs have been made to your home? Although standard disclosure forms are supposed to provide information regarding past damage and renovation to the property, there are occasionally repairs that are omitted or otherwise forgotten.
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The best real estate agents and brokers will ask their first-time buyers to create a detailed wish list of everything they’d love to have in a home, grouped in these four categories: Location.
Be sure to ask how much the penalty is if you’re buying in a state where they’re permitted. Ask about the terms of the prepayment. Some are only in effect during the first two to five years of the loan. Ask if the prepayment penalty would apply if you refinanced through the same lender at a later date.
Calculator How Much Mortgage Can I Afford Input your net (after tax) income and the calculator will display rentals up to 40% of your estimated gross income. property managers typically use gross income to qualify applicants, so the tool assumes your net income is taxed at 25%. actual tax rates vary.
Get answers to the important questions about home buying, how much to offer, buyer credits, inspections, and more, before submitting a purchase offer. The Balance What Kind of Questions Should I Ask Before Buying a Home? Menu Search Go.. Most first-time home buyers jump into buying their.
Questions to ask your real estate agent. july 7, 2017. Your real estate agent can make or break your search for a home. That’s why it’s important to hire a great one.But how do you know when you’ve found an agent you can trust?
A mattress is a big investment, so you’ll want to make sure you know the answers to the important questions. Buying a new.