Jessica Marie Figlar's (jfiglar) Blog

Buyers and sellers have to deposit documents and money with a neutral third party to be held. When certain conditions agreed upon by both buyer and seller are met, the third party (the "escrow holder") then distributes the documents and the money. So after your offer has been accepted, you and th...

When you purchase a home, the seller is a person who has extremely strong ownership rights to the property, as do his family and heirs. There also might be additional individuals who have ownership rights to the property you are buying. These may include governmental bodies, or people who have un...

Before going out to search for your dream home, it is important to know what that dream home looks like. Making a prioritized list of what you want in your next home will help narrow down your search.The size of the house depends, not only on your immediate needs, but also what may be needed in t...

Use all your resources to research for homes. Online websites, real estate agents, and mailers can tell you which homes are available in your desired area. Choose to visit houses that possess your desired qualities, as well as fits in your price range. Visiting houses can be done through an agent...

After you have found your desired home, it is time to make your offer to the owners. In most cases it is better to have a third party such as a real estate agent negotiate the offers.Many buyers aren't sure if what they are offering is appropriate. A good strategy is to ask the real estate agent ...

It is important to have the house inspected before the final closing occurs. Inspections for insects, radon, and building quality should be performed. Your homeowner's insurance and mortgage should be finalized also. Make sure all the necessary paper work and deposits have been completed before y...

Now that you have made the decision to buy, it is important to figure out what you can buy. Lenders will look at your current budget (income, assets, and debts), and how much you would like to down pay and calculate two ratios to determine how much they are willing to lend. The first ratio sets a...

Several factors, including market conditions and interest rates, will determine how much you can get for your home. The idea is to get the maximum price and the best terms during the window of time when your home is being marketed. When selling a home, there's the price owners would like to get, ...

There are two main types of loan programs available to potential home owners. The first of these two types is the fixed rate mortgage. Fixed rate mortgages are loans where the interest and the principal payments remain the same for the entire loan period. Some advantages of fixed rate mortgages a...

WHAT: You've decided to sell your house. What is the first step you need to do to get your house ready for the market? First, you should look at your home through the eyes of a prospective buyer and determine what needs to be cleaned, painted, repaired and tossed out. If you were buying this home...