tampa realtor buyer tips: The importance of binding your home owner's insurance asap
- 11/21/15 11:54 PM
When you are trying to narrow down your favorites, it's a great idea to confirm whether or not the home is in a flood zone that requires flood insurance. Flood insurance can get very pricey, and there is a lot of talk on the news and from insurance companies about flood insurance increasing each year. Your Tampa Realtor can pull a flood map off the MLS and provide it to you when you're looking at homes. If you are under contract on your new home, it's a great idea to start getting quotes asap. Once you have selected the policy and company, ask … (2 comments)
tampa realtor buyer tips: Home Inspection - Always a Smart Decision
- 11/18/15 12:54 AM
Under the inspection repair and maintenance section of your home purchase contract, a seller has some limited responsibilities to the buyer to warrant certain items and/or systems in the home. While your agent may be representing you as a buyer, they are in no way qualified to determine the condition on these items and/or systems. As the buyer, you need to do your due diligence during the time alotted in your contract. For that reason, I strongly recommend to all of my customers buying property to employ the services of a professional Licensed Home Inspector to make these determinations. In my experience as a … (1 comments)
tampa realtor buyer tips: What happens if the home I'm buying doesn't appraise?
- 11/12/15 10:34 PM
Once the price and terms are negotiated and you're under contract for the purchase of your new home, one of the next steps is your mortgage person will order an appraisal to determine that the home is worth at least the contract sales price. We Realtors breathe a lot easier once the appraisal comes back, as appraisals are so subjective.
If the appraisal comes in lower than the contract price, your lender will inform you, the buyer, that the value came in less that the sales price. The lender cannot loan you more than what the appraiser says that it's worth. Here … (1 comments)
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Stephanie LeFew
Making Real Estate Easy for You-It's all about You
When you are trying to narrow down your favorites, it's a great idea to confirm whether or not the home is in a flood zone that requires flood insurance. Flood insurance can get very pricey, and there is a lot of talk on the news and from insurance companies about flood insurance increasing each year.
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