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It appears fewer singles are buying homes. And competing against dual-income bids in a period of low interest rates and a dearth of available homes could spell more tough months ahead for single homebuyers.
In 2001, single women bought 15 percent of homes, while single men...
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Besides the common problems with a seller's market – not enough inventory and too many buyers – there's also the problem that a house can actually sell for too much. This can happen when a contract price exceeds an appraisal from the bank. When this occurs the buyer must come...
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As you find yourself heavily immersed in house-hunting mode, you may encounter a situation in which you're torn between two houses. Perhaps you and your spouse each have a favorite, or perhaps you both like two houses equally - or think you do.
Making a final decision and...
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If you're in the market to buy a home and are looking for fewer maintenance requirements, or perhaps a typical single-unit home isn't in your budget, then you may want to consider a condominium.
By definition, when you buy a condominium, you're buying all the space...
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Time for Inspections
Once you have a contract, you need to get inspections done in a timely matter.
It's recommended to have a termite, property and roof inspection at a minimum.
Condition, location, type, personal knowledge and other factors should dictate to you
what...
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Once you're preapproved for a loan and you've survived the rigors of house hunting, the time will come when you find a house that you'd like to call home. But first, you'll need to make an offer.
The offer is the first step in the negotiation process. A good basic offer...
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