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How Mortgage Rates Are Established and Why It Matters
How Are Mortgage Interest Rates Determined? You may have seen certain peculiarities if you are in the market for a mortgage or refinancing rate. Rates might vary significantly amongst lenders. Occasionally, refinancing rates differ from purchase...
What Does a Home Inspection Report Include?
Before purchasing a property, you should order a home inspection. The home inspection report will include:Â Interior of the home The exterior of the home including windows The structure of the home; foundation, walls, roofing, attic, and ceilings...
What You Should Look For During a Home Inspection: How to Identify Deal Breakers?
No home is perfect and it’s common for some issues to be identified with a home inspection. How you structure your home purchase agreement is going to determine how you handle the results. Here are some common things to know about a home...
What Do Home Inspectors Look For?
How Does a Home Inspection Work? The last line of defense that a potential buyer has is a home inspection. This is your opportunity to find any potential problems the house may have before you buy it. This is also where you can negotiate the sale...
Should I Back Out if the Home Inspection Comes Back Bad?
A bad home inspection does not mean you should immediately back out of buying the house: You should not overlook if the buyer is willing to make repairs or offer a cash credit at closing for damages. These credits can add up to thousands of dollars...
How a Piggyback Mortgage Operates: A Guide to Piggyback Loans
What Is a Piggyback Mortgage? A piggyback loan, often known as an "80/10/10 loan," combines two different loans into one to pay for a single property purchase. A conventional mortgage, which generally covers 80% of the cost of the property, is the...
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