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What About A Home Located In A Flood Plain?

http://videotap.wistia.com/medias/06ewdtg37b?embedType=async&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you live in a flood plain lenders will require that you have flood insurance before lending any money to you. But if you live near a flood...

What Are “Home Warranties”, And Should I Consider Them?

http://videotap.wistia.com/medias/czkrpoodbj?embedType=async&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one year, against potentially costly problems like unexpected repairs on appliances or home systems which are not covered by homeowner's...

What Is Earnest Money, And How Much Should I Set Aside?

http://videotap.wistia.com/medias/w163x5qc3p?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is usually between 1-5% of the purchase price though the amount can vary with local customs and conditions. If your offer is...

What Does A Home Inspector Do, And How Does An Inspection Figure In The Purchase Of A Home?

http://videotap.wistia.com/medias/zt1rm00yfv?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, an inspector checks the safety of your potential new home. Home Inspectors focus especially on the structure, construction and mechanical systems of the house and will make you aware of only repairs that are needed. The Inspector does not evaluate whether or not you're getting...

What Should I Look Out For During The Final Walk-Through?

http://videotap.wistia.com/medias/tg7ag49ei9?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, this will likely be the first opportunity to examine the house without furniture giving you a clear view of everything. Check the walls and ceilings carefully as well as any work the seller agreed to do in response to the inspection. Any problems discovered previously that you find...

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