Should Home Sellers Get a Pre-Inspection? The Pros and Cons
By Lisa Kaplan Gordon Jun 12, 2022 (Pamela Moore/iStock) Every home buyer knows hiring a home inspector to check out a property before closing is a good idea. In fact, a home inspection is often a requirement for a mortgage. The trickier question is this: Should home sellers also hire [...]
Is My Home in a Flood Zone? How To Check Flood Maps and More To Stay Safe
By Margaret Heidenry Jun 15, 2022 (Getty Images) A home’s risk of flooding—from hurricanes or a huge downpour—is probably not the first thing you’d think to check. However, the fact is that many U.S. homes lie within flood zones, and as the recent Yellowstone flooding illustrates all too [...]
7 Tragic Mistakes Pretty Much All First-Time Homebuyers Make After Moving In
By Jennifer Kelly Geddes Jun 9, 2022 (Getty Images) First-time homebuyers who manage to snag a house today have every reason to be excited. Congratulations! Yet once you move in and start decorating, watch out: A whole lot can go wrong. When it comes to feathering [...]
Can Changing Jobs Prevent You From Getting a Mortgage?
By Ana Durrani Jun 7, 2022 (Getty Images) Taking on a new job can be exciting. But if getting a new gig happens to coincide with your plans to buy a home, it can affect your ability to get a mortgage—even if you make more money in [...]
On the House: Should I Max Out My Budget To Buy My First Home?
By Clare Trapasso Jun 8, 2022 (Realtor.com / Getty Images) Between the increases in mortgage rates and prices, it’s so hard to afford a home now. Should I max out my budget? Don’t do it. Granted, it’s hard not to buy a home at the top of your budget [...]
How to Calculate Depreciation on a Rental Property
By Cathie Ericson May 24, 2022 (Getty Images) When most people rent out their homes, they simply post their property online (with the other homes for rent), get a tenant, and watch those rent payments roll in. But smart landlords know that collecting this passive income isn’t [...]