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What additional costs are there besides the purchase price?

Are there other fees I should be worried about and does the loan cover them or do i have to pay out of pocket?

9 Answers

How much house can I afford?

How do I know how much I can afford?

6 Answers

Should I ask the seller to fix items found during the walk-through or request a repair credit instead?

During our final walk-through, we noticed a few minor issues that were not present during the initial showing, such as a leaky faucet and a cracked window pane. Our agent suggested asking for a closing credit, but we are worried about finding reliable contractors to do the work ourselves immediately after moving in. We want to understand the typical pros and cons of having the seller handle the repairs before closing versus taking a cash credit and managing the projects ourselves.

8 Answers

Who actually owns the land beneath a condominium building?

We are looking at a few different units. Some neighbors mentioned that the building sits on a ground lease, while others say the association owns the land outright. I want to understand how this distinction affects my rights as a unit owner and whether I should be looking for specific language in the master deed or CC&Rs to clarify the ownership structure.

7 Answers

Can my HOA enforce rules on my property while ignoring neighbors with the same violations?

I recently received a violation notice for the color of my mailbox, which hasn't changed in five years. However, several neighbors on my street have the exact same style and color, and they haven't received any notices. I want to know how to approach the board about this without causing a neighborhood feud, as it feels like I'm being singled out for some reason.

6 Answers

Is waiving an inspection ever worth the risk?

My wife and I finally found a house in Bellevue that really feels like the right one for us. The problem is, our agent said we'd have a much better shot if we waived the inspection since there are other offers coming in.nnThat makes me pretty nervous. I don't mind losing the house if it means avoiding a big mistake, but I also don't want to miss out if this is just how the market works around here.nnFor agents who've helped a lot of first-time buyers, what would you tell someone in my shoes? Are there times when waiving an inspection really makes sense, or is it usually better to keep looking?nnI'd really appeciate some honest advice before we make a decision. Thanks.

13 Answers

What is the market value of my property?

I have a lot in the overlook at kingwood subdivision. They are just coming out of litigation. I would like to know what the market price is for the lot. Can you provide any information?

7 Answers

my family is low income SSI and social security can we still buy a house

what options do we have

18 Answers

How does the earnest money process work for online real estate auctions compared to traditional sales?

I am considering participating in an online auction for a property, but the rules for the deposit seem much stricter than a standard residential purchase agreement. The site mentions a non-refundable buyer's premium and a very short window to wire the remaining funds if I win the bid. I want to understand the timeline for these payments and what happens to my deposit if the title search reveals issues.

7 Answers

What are the main risks I should be aware of when bidding on a home at a foreclosure auction?

I have been looking at several properties listed for an upcoming county foreclosure auction, but I am nervous about the as-is nature of these sales. I understand that I might not be able to inspect the interior of the home before placing a bid, which feels like a gamble. I'm looking for information on how buyers handle the due diligence process and what happens if there are existing liens or occupants.

8 Answers