Buying Home

Homeowner’s Insurance Basics

http://www.gem-mortgages.co.uk/hi.jpgHomeowners insurance exists because a home is a huge investment, often one of the largest purchases many people make in their lifetimes. Naturally, people want to protect the value of their precious property. Homeowners insurance is a contract between a homeowner and an insurance company. As long as the owner pays the required premiums and meets the other policy requirements, the insurance company guarantees to reimburse the owner for any losses incurred due to natural disasters or human-caused damage. More >

Real Estate Problems

How to find a real estate agent?

This past Sunday, my friends Kathy and Ed went house-hunting in Mill Valley. Wanting to put her best foot forward, Kathy wore her Tory Burch flats, the ones with the slippery soles. She hadn’t anticipated that one of the homes would feature a strange set of porcelain–yes, porcelain!–stairs. She hadn’t anticipated the rain. And there she was, in the midst of an open house, falling all akimbo down the stairs, yelping in surprise and fear on her way down. At the bottom, the real estate agent, who’d been busy the entire time glancing admiringly in the home’s many reflective surfaces, peered down at Kathy where she lay sprawled upon the floor, and rather than offering her a hand,looked at her as though she were a dog that had just come in from the rain. Well, Kathy could have bought that house if she’d wanted it, impractical stairs and all. But who would want to work with an agent like that? More >

Is it a good time to buy a home?

As a realtor the first question people ask me is whether it is a good time to buy a home. The answer to this question is not simple. There are many facets to this question.

As a home buyer the first thing you should ask yourself is whether you are ready to buy a home? Now how do you get ready:

1. Have you been in your current job for more than 2 years

2. Do you feel that you will be able to stay in the current job for next three years

3. Do you have enough financial resources to pay for the downpayment and closing cost More >