Buying Your Home

How To Buy
  • Appraisals & Market Value
    • Are there standard ways to determine how much a home is worth?
    • How do you determine how much a home is worth?
    • What about appraised value and market value?
    • What is the difference between list price and sales price?
  • Closing Costs
    • Is it possible to save on closing costs?
    • Is there anything I should know about closing day?
    • What are closing costs?
  • Getting Started
    • How do you decide whether to add on to an existing home or purchase a new one?
    • How much can I afford?
    • Is it best to save for the ultimate dream home or begin with a less expensive starter home?
    • What are the advantages of owning a home?
    • What is the first step to buying a home?
  • Home Inspections
    • Do I need to be at the inspection?
    • How do I select a home inspector?
    • Should I hire a home inspector?
    • What does a home inspector do?
  • Insurance
    • Is private mortgage insurance necessary?
    • What about title insurance?
    • What does homeowners’ insurance cover?
    • What is condo and co-op insurance?
    • What kind of home insurance should I get?
  • Lease Options
    • How does a lease option work?
    • What is a lease option?
  • Negotiating & Closing the Best Deal
    • Are low-ball offers a good idea?
    • Can you negotiate interest rates?
    • Do I need an attorney to buy a home?
    • Does the seller take the furnishings once the home is sold?
    • Is it possible to buy a home below market price?
    • What are some negotiating tips?
    • What contingencies should appear in the offer?
  • Property Taxes
    • Are impound accounts required for all mortgage loans?
    • Are property taxes deductible?
    • Can I contest my property taxes?
    • How are individual tax bills figured?
    • What is an impound account?
    • Why do homeowners have to pay property taxes?
  • Tax Matters
    • Are fees and assessments owed a homeowner’s association deductible?
    • Are there tax credits for first-time homebuyers?
    • Are up-front fees and closing costs deductible?
    • How can owning a home pay off at tax time?
  • Working with a Real Estate Agent
    • Are buyers protected against housing discrimination?
    • Can I use an agent to purchase a newly built home?
    • What can I expect from a good real estate agent?
    • What is the best way to find a real estate agent?
    • Why do I need an agent if I can find a home by myself on the Internet?

Where & What to Buy
  • Condominiums & Townhomes
    • Are condos good investments?
    • How do townhouses differ from condominiums?
    • How do you choose a good condo?
    • What are the pros and cons of owning a townhouse?
    • What is a condominium?
    • Why buy a condo?
  • Co-ops
    • What are co-ops?
    • What are the benefits of having a co-op?
  • Fixer-Uppers
    • Are special tax breaks available for historic rehabilitation?
    • Does the federal government offer home improvement programs?
    • How can I finance work needed on a fixer-upper?
    • How do I determine the value of a distressed property?
    • Is buying one a good idea in “bad” areas?
    • What about state and local governments?
    • What guidelines should I use to find a contractor?
    • What kind of return can I expect from home improvements?
    • Where can you find fixer-uppers?
  • Foreclosures
    • How do I find government-repossessed properties?
    • What about guidelines for VA foreclosures?
    • What are some of the guidelines for purchasing HUD foreclosures?
    • What are the disadvantages of buying foreclosures?
    • What causes a foreclosure?
    • What happens at a trustee sale?
    • Where can I find foreclosure properties?
  • New Homes & Vacation Homes
    • Can you negotiate the price of a new home?
    • Do builders provide financing?
    • Should I buy a vacation home?
    • Should I hire a home inspector for a new home?
    • What about a vacation home as an investment?
    • What else should I take into account when buying a new home?
  • Where to Buy
    • Why is location so important?
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