Jamie Merwin

If you have a mortgage on the home insurance is required

This is one of the benefits of hiring a licensed real estate agent One of the first things they will do is list your home on the MLS after it has been properly cleaned decluttered professional photos taken Give me a call or shoot me a text if you have any other questions

You certainly can have that arrangement with your mother off the record as long as she is paying the costs only which is what it sounds like your plan is Should she pay more per month for the home you would need to claim that on your taxes as rental income Keep in mind the debt of the mortgage will be on your credit included in your debtincome ratio in the future

Usually yes Please consult with a tax expert

If you are paying cash this is possible Find a title company who can commit to that quick of a turn around If you are taking out a loan unfortunately no because of the time it takes for all the steps involved in the mortgage process

Negotiating commission up front is always an option Keep in mind your agent is the one bringing a buyer whether they are representing them or not due to the work they put in helping prepare your home to be listed having professional photos taken creating the MLS listing marketing the home

Many factors including Supply Depand and Inflation

There is no set time frame after purchasing a house that you have to wait to buy another one to use as a rental However it is essential to consider a few things before buying a property to rent out Make sure you can afford the mortgage payments on both properties and the costs of repairs and maintenance The type of loan would be different than your primary residence and usually incurs a higher interest rate Speak to a loan specialist for more info

Hire a licensed real estate agent to represent you They will ensure all the legal docs are correct and you are protected

Peace of mind can come with owning in a HOA community knowing that the value of your home is being protected One of the core objectives for HOAaEURTMs is to preserve and grow property values for homeowners With a home being the most significant purchase many will make having a team of board members and property managers looking out for it is a great benefit

When working with a licensed real estate agent heshe will provide comparable homes that have recently sold so that you can come up with a reasonable offer Your agent can advise you on a price range but ultimately the choice is yours Best of luck

Mortgage points also known as discount points are a form of prepaid interest You can choose to pay a percentage of the interest up front to lower your interest rate and monthly payment A mortgage point is equal to 1 percent of your total loan amount For example on a 100000 loan one point would be 1000

The most common are fixed rate FHA Conventional VA loans Fixed rate means the interest rate never changes over the life of the loan Most home buyers obtain a 30 yr loan because the monthly payments are much more affordable than a 15 yr loan If you can afford the monthly payments of a 15 yr loan though you may be able to secure a lower interest rate and in the end pay a tremendous amount less for the home vs a 30 yr loan Best of luck

1 Elevate your curb appeal This is the 1st thing buyers seeOther tips Clean From Top To Bottom Remove Clutter and depersonalize the home Light Up Your Home inside out Take Professional Photos Price Competitively Contact An Experienced Real Estate Professional

Pros Accepting a contingent offer means you donaEURTMt have to take your home off the market quite yet since the conditions of the deal havenaEURTMt been met If the buyer backs out of the deal you can sell without having to re list In certain cases some buyers may be willing to pay extra to have their contingent offer metCons Home sales with contingent offers are usually slower than those without It takes time to satisfy a buyeraEURTMs contingencies and additional time to communicate that they have been met And of course thereaEURTMs always the risk that the deal could fall throughAs always trust your agent for guidance when facing contingent offers

You must legally disclose everything you have knowledge of regardless of the time frame

More often than not this is part of the services a sellers agent provides The agent should clearly state what they are going to do to sell your home before you hire them

80 sq ft minimum with a closet bedroom

If you have at least a 580 credit score you qualify for an FHA loan with a down payment of 35 or between 500 579 with 10 down payment Obviously the better your credit score the better interest rates you qualify for lower down payment options Speak to a professional mortgage broker for more details to get pre qualified

You will want to speak to a mortgage specialist to see what you are pre qualified for based on income credit score debt You will then receive your answers Best of luck