A flood plain is an area of land that is adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you live in a flood plain, lenders will require that you have flood insurance before...
As the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith, and is usually between 1-5% of the purchase price, though the amount can vary with local...
Essentially, home warranties offer you protection for a specific period of time, such as one year, against potentially costly problems such as unexpected repairs on appliances or home systems, which are not covered by homeowner’s insurance. Warranties are...
As we show you in this video, an inspector checks the safety of your potential new home. Home Inspectors focus mainly on the structure, construction, and mechanical systems of the house, and will make you aware of only repairs that are needed. The Inspector...
Well, as this story shows, this will likely be the first opportunity for you to examine the house without furniture – giving you a clear view of everything. Check the walls and ceilings carefully, as well as any work the seller agreed to do in response to...
