Think of a contingency clause as insurance. Once you find a home and make an offer, you hope everything will go smoothly; but in case it doesn’t, you have a contingency clause in place that allows you to back out of the contract without losing money. Most agreements already have… read more →
Should you trade in your rental digs for a slice of that American Dream? Well is so than: “Go east, young person!” Yes, that’s right. Our data scientists crunched a lot of numbers to come up with the places where you can get the most bang for your buying buck, and… read more →
Make sure a new home is what you want before you seal the deal. According to Trulia’s latest survey, twice as many people prefer new homes to existing homes. “New” means exactly that: brand-new properties that have never been lived in before, or homes purchased in the preconstruction phase. On the… read more →
Watch out for these sneaky score pitfalls that could ruin your credit and keep you from moving into your next place. When it comes to major financial transactions, your credit score matters. By now you know there’s no getting around the fact that financial institutions weigh a lot against those… read more →
A reverse mortgage is a loan for senior homeowners that uses the home’s equity as collateral. The loan generally does not have to be repaid until the last surviving homeowner permanently moves out of the property or passes away. At that time, the estate has approximately 6 months to repay… read more →
Choosing a home in an unfamiliar neighborhood can be nerve-racking, but it’s almost inevitable when moving to a new city—or even across town. There’s a lot at stake: The wrong decision can cost you money and peace of mind. Here are some tips to guide you in your search.
When you’re considering buying a house, there are two sides to the story: the seller’s asking price and the actual value of the property. This is where an appraiser steps in.
To transform your garden into an Edenic land of bounty, think of swapping your pretty-but-useless ornamental plants for edible ones. Instead of ornamental hedges around the sides, use apple or citrus trees. You can train them to grow against a wall by tying them to a frame—this is called espalier.… read more →