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Are Fractional Shares For You?
Fractional shares (“fractionals”) are sometimes confused with other vacation property options, such as time shares and condo hotels. While there are similarities, there are a number of things that make fractional shares unique, and thus suited for...
Is a Solar Home Right for You?
Ste
p 1 - The Energy Audit
If you would like to construct a solar house, you will need to
conduct an energy audit to calculate the total requirements of
your daily energy needs.
Most of the energy that is consumed in your house is...
South Carolina Real Estate – Past And Present Collide
With tons of history and modern development, South Carolina is a unique state. South Carolina real estate is also unique because prices are so low.
South Carolina
It would be an understatement to say South Carolina played a major role in the...
What are Murphy Beds?
In a time of expensive real estate, smaller homes built on smaller lots are becoming the norm, even in the suburbs. In the city, space is at an even greater premium, as more and more people work or live in existing buildings. Any idea that makes the...
What is second mortgage?
What is a second mortgage? A second mortgage is a loan that is secured by the home itself, and subordinate to the first mortgage. Any mortgage taken out against a home in addition to an already established mortgage automatically becomes a second...
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Things To Check Out Before Buying A House
If you’re thinking about buying a house, you’ll have a number of things that you’ll want to specifically look into before you do. This article will give you a number of suggestions about exactly what factors to look into before you make the big plunge into being a homeowner.
First, always ask around among the neighbors before you buy. You’ll be surprised about what might turn up. If there’s been bad blood, a neighbor might be willing to reveal every problem they know about with the house. They’ll also be able to clue you in to things that may not be a problem with the house in particular but may be with the neighborhood in general. This can include a number of things.
Remember to ask about: whether the house or the neighborhood is in a flood zone, whether there are any problem neighbors nearby, whether they know of any previous damage, and whether there is a crime problem. You can probably think of about a dozen other things to ask - talk with several neighbors, and if you find the local gossip, you’ll be in on everything you need to know.
Always make sure that you document what representations the owner makes to you about the house - it could come in handy later, especially if there are major undisclosed problems with it. Do a little searching on the
internet - you can always do a search for the name of the homeowner and see if anything interesting comes up. If there’s something shady or they’re untrustworthy, you want to know about it. By the same token, you can often easily see if they are legitimate that way. Make sure that you’ve had a title search done - your real estate agent will probably take care of it, but it’s a must-have. Hire a handyman to inspect the place if you aren’t good with that sort of thing - or just get someone you trust to look around. It doesn’t take much to make sure that your house will be a good investment.
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