Most but not every home buyer requires a home inspection but every one of them should. Buyers of new homes and buyers that receive a warranty are the most likely to skip the house inspection. Every purchase offer should be made with a house inspection contingency clause. Every house has some problems, be those major
Why The Government Must Stop Making Housing “Affordable”
Yes, you heard that right. We don’t need any affordable housing if it’s up to the US government to provide it.
Understanding The Real Costs Of Government-Insured Home Mortgages
There’s no shortage of options when it comes to financing your next personal home purchase. The list of potential options includes FHA, VA, USDA, and a myriad of other “low-down-payment” loans available. This category of loans is known as “government insured,” meaning that the lender can file an insurance claim through the appropriate government agency, (FHA, VA, etc), if the borrower defaults on the mortgage.
High Efficiency Solutions and Green Energy for Homes
Today’s homebuilder has a huge array of options to build leaner, cleaner and greener for home buyers.. Many homeowners today have choices that their grandparents would never recognize, such as LED light bulbs, wind power, geothermal energy and solar panels. Other energy savers combine smart design and high tech. Still others are a nod to
Fannie Mae Housing Survey Exposes Market Opportunities For Real Estate Investors
The September 2012 Fannie Mae Housing Survey shows that there is still a strong desire for home ownership, in spite of housing’s ups and downs over the past few years. The “American Dream” of homeownership is alive and well… Well, at least the dream part is.
Spring Affordability Puts Bounce in Buyers’ Steps
As interest rates hover around record low levels and home prices bounce along the bottom, incomes are also cooperating to make housing more affordable than ever, not that it makes much difference when lenders remain so tight-fisted with their mortgage money
Affordability Is The Real Key To A Sustainable Housing Recovery
By now everyone agrees that housing needs to turn around in order for the general economy to see any kind of robust recovery. Indeed US housing is a cornerstone of the general economy, because of it’s ability to create and sustain a wide variety of jobs. But any significant recovery in housing will require a broad base of participation, and not just from the rich…