Once you find the home you want to buy, the next step is to write an offer, one which is not as easy as it sounds. Your offer is the first step toward negotiating a sales contract with the seller. Since this is just the beginning of negotiations, you should put yourself in the seller's shoes and imagine his or her reaction to everything you include. Your goal is to get what you want, and imagining the...

As a tenant your responsibilities include: Reporting any maintenance issues with the property. Paying for all damages you cause. NOT making alterations to the property without due authorization from the landlord. Maintaining the landscaping as provided in your lease. Taking care not to cause damage to the property. Respecting your neighbors quiet enjoyment of their property. Adhering to the...

A home's market value is the perception of the buyer. Sometimes, most often in a situation with multiple buyers, offers will be made that exceed the listing price. Believe it or not, appraisals do not always keep up with market value. Appraisals are performed for lenders, not buyers. The purpose is to justify the sales price so that the lender feels they are making a solid investment since the property is...

Renting gives you flexibility and freedom. Despite the bruising US housing market crash of 2008, home ownership still ranks up there with a successful career and happy family life as a key pillar of the American Dream. In fact, a recent survey found that 71% of adults say that purchasing a home is a top personal goal. Buying often makes financial sense, which is why phrases like "renting is just throwing...