All Posts Tagged With: "cost"
Who Pays If A Home Inspection Is Unsatisfactory?
Unless buyers have a provision in the sale agreement requiring the owner to make such a payment, the cost of an inspection is the purchaser’s obligation. The fact that the house did or did not “pass” is not the issue. A service was performed and that service helped the buyer gain a better understanding of [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
The Hidden Cost of Foreclosures
The biggest asset held by most of us — the thing that makes us as wealthy as we are — is real estate. “Given so much wealth — and given such broad distribution — it’s easy to look at foreclosure statistics and pretty much believe they only impact other people,” says Jim Saccacio, Chairman and [...]
24Aug2008 | Peter G. Miller | 0 comments | Continued
What’s A “Coffee” Mortgage – And Why Do I Want One?
Mortgages generally fall into two camps: Those with fixed rates and those with adjustable rates. Adjustable-rate mortgages (ARMs) typically have an interest rate which is based on two factors. First, there’s a “margin” which does not vary during the term of the loan. Second, there’s an “index” which changes as often as the loan allows, [...]
22Aug2008 | Peter G. Miller | 0 comments | Continued
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