Archive | April, 2016

Keeping Good Financial Records is a Must

Today, many people conduct their financial lives online. If you like the convenience of direct deposit, online banking, or electronic tax filing, much of your financial history is stored online. But when it comes time to applying for a mortgage, the lender will want to see a paper trail that documents all of these activities, plus your income, debts and assets.
Here is a checklist of the documents you will need: Read More

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Is a Home Inspection Really Important?

When you sign a contract to buy a home, whether it is a newly constructed home or a pre-existing home, the contract should contain a “satisfactory home inspection” contingency. A contingency gives the buyer the right to cancel the contract without penalty (i.e. get your deposit money back in full) if a particular condition of the contract is not met to your satisfaction.

There are generally two types of outcomes that can arise from a home inspection contingency: Read More

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