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Roofing Inspection Checklist to Get Ahead of Problems

Will Springer Realtor

A roof inspection is one of those preventive maintenance jobs that are easy to overlook. You can do a thorough inspection from the ground using a pair of binoculars. You can use a handyperson for minor fixes and possibly shave costs, but they should be bonded, have proof of liability and have workers’ compensation insurance.

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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Type of foundation.

Appraisal 105
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4 Things I Wish I’d Known Before I Got an FHA Loan

Realtor

We found an FHA-approved lender, and in no time, we were on our way to buying our first home with a government-backed loan. But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan.

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How to Check for Flood Risk During Home Buying

Will Springer Realtor

Unexpected flooding caused major problems for Mabél Guzmán, a real estate broker in Chicago: “I moved into a townhouse that was not even near a flood zone and didn’t require flood insurance,” she says. “I Property owners outside of high-risk flood areas file more than 20% of all claims with the National Flood Insurance Program.

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Preparing a Home to Safely Age in Place

Will Springer Realtor

Taking action today can help many stay in their homes for longer. I am generally a proponent of the home inspection when buyers consider purchasing a new property. Learning as much as possible about the “bones” of the home can go a long way to addressing whether the place is a good fit.

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Mastering How to Order a Home Appraisal Quickly

AmeriMac

This is because the appraisal helps the lender ensure that they are not lending more money than the home is worth. Some lenders, such as Fannie Mae, even allow for a property inspection waiver (PIW) in certain cases, making the appraisal process even quicker. Address myths, such as the distinction between appraisals and inspections.