Should I Drop My Price or Offer Allowances?
Allowances are credits the seller advances to the purchaser that are applied against the sales price. This reduces what the buyer must pony up without changing the sales price.
July 30, 2020
July 28, 2020
PMI: Why is it Needed and When is it Used
Private mortgage insurance, or PMI, is in essence just like other forms of surety. The insurance company agrees to cover the risk to the lender if the borrower stops making monthly payments.
July 26, 2020
Building Your Dream Home: Part 6 - Managing the Build
Meticulous planning of a home-building project is necessary. That, however, is not the end of the matter. Property owners have a larger stake than others in terms of how the construction plays out.
July 24, 2020
Building Your Dream Home: Part 5 - Planning Your Build
Many people spend years envisioning and imagining the ideal house. Only a fraction of those actually pursue that vision and make it happen. Why? Much goes into this kind of project: money, time, emotion etc.
July 22, 2020
Building Your Dream Home: Part 4 - Paying for Land and Construction
Buying a house can be stressful enough. Buying land on which to build a house has its own many challenges. Yet these should not inhibit anyone who has the means to pursue a dream…and a little piece of earth to make it all happen.
July 20, 2020
Building Your Dream Home: Part 3 - Finding Your Land
You have made the exciting – and brave – decision to build a new home. You have a solid design concept with all the financial ducks in a row. Yet this home purchase begins with a land purchase.
July 18, 2020
Building Your Dream Home: Part 2 - Initial Steps
Those interested in building a home best follow a certain order to end up with the home purchase they envision and simultaneously avoid surprises. The concept must be clear, i.e. about the configuration, dimensions, aesthetics and offerings of the new dwelling.
July 16, 2020
Building Your Dream Home: Part 1 - Build vs. Buy
Today we begin the first of our six part series on "Building Your Dream Home". Part 1 tackles the 'build vs. buy decision'. Over the next 12 days we'll share key steps in the process as well as share decisions to be made and tasks to be accomplished, from inception to completion.
July 14, 2020
Today's Smart Homes
Time was when a dead bolt represented the latest thing in home security; when automatic garage doors were futuristic luxuries. Yet each of those innovations grew familiar and home owners realized the many things such innovations could not do.