6 Tips for Choosing the Best Offer for Your Home

Have a plan for reviewing purchase offers so you don’t let the best slip through your fingers. You’ve worked hard to get your home ready for sale and to price it properly. With any luck, offers will come quickly. You’ll need to review each carefully to determine its strengths and drawbacks and pick one to …

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Checking Out a House? Check Your Credit First

If you’re in the market for a house, you might find the home-buying process complicated by one little number: your credit score. Whether you like it or not, the most important financial decisions of your life are affected by your credit rating, so it doesn’t hurt to be prepared well in advance. As home prices …

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How long will you be underwater?

How long will you be underwater? About 16 million homeowners owe more on their mortgage than their homes are worth, which means they are “underwater.” So long as that condition continues, they have no equity that can be used to help finance the purchase of another house. On the contrary, they can’t sell the house …

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Seller musts when fixing home defects

Some experienced investors buy foreclosure properties cheaply without even having seen the property. However, most buyers shouldn’t buy a property unless they have had it thoroughly inspected by qualified professionals. Inspections are a necessary part of the homebuying and selling process. Sellers should be leery of buyers who offer to purchase without an inspection contingency. …

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