The homebuying process looks something like this: Get preapproved for a mortgage, find your dream home and win the bidding war. But before you can move those boxes in and start enjoying your new property, you have one more major step to take: the home inspection.A home inspection isn’t an appraisal. In fact, an inspectionContinue reading “The Ins and Outs of a Home Inspection”
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Who Pays For What in a Typical Residential Real Estate Transaction?
Selling/buying a home can be a very tangled and confusing process, so here is a bullet-point breakdown of what to expect, in terms of payment responsibilities, when buying or selling a residential home.
Paying Off Your Home Loan Early
Your mortgage may come with a 15- or 30-year term attached to it, but that doesn’t mean you have to wait that long to pay it off. In fact, if you have the funds (or the will to make it happen), you can actually pay off your mortgage much sooner than that.