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What About A Home Located In A Flood Plain?

http://videotap.wistia.com/medias/i34s30mxny?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...

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

http://videotap.wistia.com/medias/2a0u1m8omx?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...

Are There Special Mortgages For First-Time Homebuyers?

http://videotap.wistia.com/medias/qeje6zslfm?embedType=async&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home difficult in the past. Lenders may now be able to help borrowers who don't have a...

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

http://videotap.wistia.com/medias/th2fqzhe1u?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...

How Can I Keep Track Of All The Homes I See?

http://videotap.wistia.com/medias/q1leglocgk?embedType=async&videoFoam=true&videoWidth=640 There are some great tips in this video, like: if possible, take photographs of each house: the outside, the major rooms, the yard and extra features that you like or ones you see as potential problems. Write things down as you go. And don't...

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

http://videotap.wistia.com/medias/n3c17zqx3d?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...

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