http://videotap.wistia.com/medias/84tzsis7gf?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in this video, many of your questions should focus on potential problems and maintenance issues. Does anything need to be replaced? What things require ongoing maintenance like paint, roof, heating and AC, appliances and carpet? Also ask about the house and neighborhood focusing on...

http://videotap.wistia.com/medias/yee9zyku2d?embedType=async&videoFoam=true&videoWidth=640 Well, as this story shows, there isn't a definitive answer to this question. You should look at each home for its individual characteristics. Generally, older homes may be in more established neighborhoods offer more ambiance and have lower property tax rates. People who buy older homes, however shouldn't...

http://videotap.wistia.com/medias/msf5x1yp2c?embedType=async&videoFoam=true&videoWidth=640 Remember these pointers from the video: start by thinking about your situation. Are you ready to buy a home? How much can you afford in a monthly mortgage payment? How much space do you need? What areas of town do you like? After you answer these questions, make a "To Do" list and start doing...

http://videotap.wistia.com/medias/ze1ysi02f4?embedType=async&videoFoam=true&videoWidth=640 Like the guy in the video says, the two don't really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity take advantage of tax benefits and protect yourself against rent increases.Also, you may be at...

http://videotap.wistia.com/medias/61gs4t4g9a?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in the video, the lenders consider your debt-to-income ratio, which is a comparison of your gross (pre-tax) income to housing and non-housing expenses. Non-housing expenses include such long-term debts as car or student loan payments, alimony, or child support. According to the FHA,...

http://videotap.wistia.com/medias/lcz3cfyi21?embedType=async&videoFoam=true&videoWidth=640 Watch this video and take a few notes! There are three major credit reporting companies: Equifax - www.equifax.com 1-800-685-1111 Experian - www.experian.com 1-888-397-3742 Trans Union - www.transunion.com 1-800-916-8800 Obtaining your credit history is as easy as calling and requesting one. Once...

http://videotap.wistia.com/medias/3q35wi0icj?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, a credit bureau score, or “credit score” is a number based upon your credit history that represents the possibility that you will be unable to repay a loan. Lenders use it to determine your ability to qualify for a mortgage loan. The better the score, the better...

http://videotap.wistia.com/medias/51b25b12ie?embedType=async&videoFoam=true&videoWidth=640 Watch this video and it’ll make sense. Pre-qualification is an informal way to see how much you maybe able to borrow. You can be 'pre-qualified' over the phone with no paperwork by telling a lender your income, your long-term debts and how large a down payment you can afford. Without any obligation,...

http://videotap.wistia.com/medias/q8krti40s8?embedType=async&videoFoam=true&videoWidth=640 Watch this video and take a few notes! First, devise a checklist for the information from each lending institution. You should include: the company's name and basic information the type of mortgage minimum down payment required interest rate and points closing costs loan processing...

http://videotap.wistia.com/medias/dw9mh2t6d1?embedType=async&videoFoam=true&videoWidth=640 For most real estate loans, you will receive a Closing Disclosure 3 business days before loan consummation – which frequently happens at the closing meeting. At the meeting itself you should receive a copy of your Mortgage Note – your obligation to repay- your Mortgage or Deed of Trust the...