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Get your roof ready for the rains.

Inspect your roof twice per year to avoid costly problems that can escalate into tremendous cost.

Look for cracks along the ridge of your roof and where your shingles fold over to form the cap.

Inspect the valleys of your roof (the area of your roof with a downward slope). Make sure that the sheet metal flashing does not have any holes or rusty spots.

Make sure that you do not have any missing, loose or curled shingles. Replace any in that condition that you find as soon as possible so as to avoid moisture leaks inside your home that can weaken your wall and/or ceilings.



Take a look at your gutters to make sure that they drain well and don't cause water to back up.

Also make sure that there are not a lot of little granules collecting in there. Granules in your gutter are a sign that your roof's coating needs to be resealed.

Make sure that you don't have any down pipe clogs.



Work from the inside out.

Inside your home, check out your ceilings to make sure that you are not experiencing signs of roof or other leakage. Be on the lookout for water rings, mold or wall or ceiling discoloration. Make any necessary repairs to fix the issue and prevent it from happening again during the upcoming rainy season.



Tackle your doors and your windows.

Make sure that both close and seal properly, and make any repairs or improvements as necessary.



Consider purchasing hurricane socks to help absorb water that leaks into garages, basements or in through windows or doors.

Hurricane socks were developed to help you by being a reusable tool to soak up one gallon of water at a time. You can even dry them out faster by putting them in your clothing washer on spin cycle.



Make sure that dead branches have been cleared from around your house.

This will reduce the risk that they will fall during the storm and damage your home.



Consider the use of sandbags to put into the low areas around your house to help keep flood water at bay.



Move furniture to the highest room in the house if there is a chance of flooding.


How to Pay Off Your Mortgage Before You Retire


For most of your life, preparing for retirement means investing. But as the actual date approaches, you also will need to streamline your budget so your expenses will be as low as possible. If a mortgage payment is your biggest monthly expense, as it is for most people, you might want to try to pay off your mortgage before you retire.

A recent analysis by the Consumer Financial Protection Bureau (CFPB) showed the share of Americans age 65 and older with mortgage debt rose to 30% in 2011, from 22% in 2001.

Loan balances for those borrowers also rose, with the median amount rising to $79,000 from $43,400 during those years after adjusting for inflation.

While not everyone can manage it, many older homeowners prefer to pay off their mortgage balance entirely before they retire.

Keep in mind that some expenses of homeownership won’t disappear: you still need to pay for homeowners insurance and property taxes—and if you live in a condo or a home within a homeowners association, you’ll need to keep paying your association dues.

However, eliminating the bulk of your payment, the mortgage principal and interest, can go a long way to smoother cash flow once you stop work.

Ways to Pay Off Your Mortgage

The best way to pay down your home loan depends on your loan terms, balance and budget. In particular, you need to consider your monthly budget and whether you can afford to make larger payments to reduce your mortgage balance.

It’s particularly important to think about how long you plan to keep your home and how far you are into your mortgage.


If you’ve been paying off a 30-year fixed-rate loan for 15 or 20 years, you should think carefully about the advantages and disadvantages of refinancing.

In some cases, it’s a smart move to refinance into a shorter term loan of 10 years or even less, but be aware of the transaction fees and closing costs associated with a refinance—typically 2% to 3% of the loan amount. You may be better off applying those closing costs to extra payments on your current loan, especially if you’re near the payoff date.

Early in any home loan repayment you’re mostly paying interest, but by the last few years of your loan, you’re paying mostly principal. If you have refinanced before or bought your home within the last few years, refinancing into a shorter loan term could cause a big jump in your payments.

If you do opt to refinance into a shorter loan, be sure you can comfortably afford the higher payments and that you’ll recoup your costs quickly.

Prepay your loan

Refinancing locks you into a new payment plan, but if you’d rather have some flexibility, you can make extra payments to eliminate your mortgage faster.

You may want to add money to every payment, make an extra payment each year or even make a lump sum payment if you receive a tax refund or bonus.

Not only will you pay off your loan faster, but you’ll save thousands in interest payments.

For example, if you took out a $200,000 loan in 1999 at 4.5%, your principal and interest payments are about $836 per month—and your loan payoff date is 2029.

If you add $250 per month to your payment, you can eliminate your loan in 2025 and save about $13,630 in interest. If you can manage $500 more per month, you can save $21,300 in interest and be mortgage-free in 2023.

Put Mortgage Payoff Decisions in Context

It’s important to consider any decision about your home loan in the context of your other financial goals and commitments. Be sure you are contributing as much as you should to your retirement funds and eliminate non tax-deductible debt before you begin to pay down your mortgage.

Consult a lender and a financial planner to discuss your options on an individual basis.

This story was originally posted on SeniorHousingNet.



Why a Pre-Approval is Crucial to Your Home Search


When you’re ready to find a home, the last thing you want to do is limit your possibilities. Dream big, right?

But you’d be totally bummed if you found a perfect pad, only to learn you don’t qualify for the home of your dreams.

If you don’t earn a loan pre-approval before you start looking, you might actually prevent yourself from finding—and buying—your dream home.

Here’s why.

Streamlined Hunting With Pre-Approval

Most homeowners start out by browsing homes for sale online to get an idea of what neighborhoods and housing styles they like. If you don’t know what you can afford, you may be looking out of your price range and wasting your time. You may also be looking below what you would have qualified for and not getting the right home for you.

If you start off by getting a pre-approval, you can sort by price, identify the right neighborhoods, and find your dream home much faster.

Better Results From a REALTOR®

The bottom line is this: REALTORS® prefer to work with home buyers who have a pre-approval in hand for two reasons.

First, a REALTOR® knows the deal isn’t likely to fall through, and second, when they know what you want and what you can afford, REALTORS® are able to do a better job of finding your dream home.

For example, you told a REALTOR® you want a historic home, but the asking price for these homes varies widely. If they don’t know what you can afford, they can only do a general search across several price ranges and may miss hidden gems.

On the other hand, if you have pre-approval, a REALTOR® would know what exactly what to focus on and would be able to suggest different neighborhoods, sizes and conditions of homes to match your needs—making it easier to get you exactly what you want.

Higher Acceptance Rate for Buyers With Pre-Approval

Once you find the perfect home, the next step can go two different ways depending on a pre-approval.

If you’re not pre-approved and you find a home you want to make an offer on, you’re taking a gamble. REALTORS® and sellers are less willing to accept offers from a buyer without a pre-approval. Odds are, they’ll go on to the next offer—and you’ll miss out.

However, if you are pre-approved, you have more room to haggle. Sellers may be more willing to lower the asking price, include appliances, cover closing costs or make other allowances to work with a pre-approved buyer.

Less Stress With Pre-Approval

Finally, skipping this step can wreak havoc on your stress level.

If you aren’t pre-approved, you’ll spend longer looking for homes. You may not feel like you’re getting great service from a REALTOR®. You may get turned down once you’re ready to make an offer.

All of this adds more time and stress to what should be a very exciting time in your life.

On the other hand, if you’re pre-approved, you have less to worry about: you know you’re a qualified buyer, you know there are lenders willing to work with you, and you can feel pretty confident when you make an offer.



9 Things Buyers Regret Overlooking


The last thing you want after moving into your new house is buyer’s remorse.

With so many details to track when buying a home, items can slip through the cracks. Figuring out which areas you shouldn’t overlook is the first step toward mitigating remorse.

With avoiding that sinking feeling in mind,®spoke with a couple of agents about what to pay attention to when buying a home.

1. Lifestyle vs. resale value

Marty Winefield emphasizes this concept with his clients. Buying a home is a personal choice, so make sure you know whether you’re buying for resale value or for lifestyle. Some clients buy with the bottom line at the top of mind while others care more about theirquality of life.

2. Size: It matters!

REALTOR® Nina Goldsmith of @properties in Chicago cites a house that seemed perfect on paper. She showed it 102 times in about three months. The house had three bedrooms and two bathrooms in a nice area. The downside? The bedrooms were extremely small—and small enough to turn off potential buyers once they saw the place.

3. Bathrooms

Winefield says two-bedroom, two-bathroom condos abound in Chicago.

But if one of those bathrooms has a shower without a tub and the buyers have children or plan to, that bathroom becomes “almost useless”.

Don’t overlook your future needs, or the needs of every resident of the house.

4. Bedrooms

You probably have an idea of how many you want.

But are they the right kind? Something large enough for an infant now may not accommodate a desk and bunk beds later.

A funky seven-walled bedroom may delight your design sense, but will your furniture fit in there?

Don’t overlook the practicalities of rooms as you fall in love with a house.

5. Traffic

That tiny house Goldsmith showed over a hundred times sat on the corner of a busy street, which also turned off buyers.

A fence used to guard part of the yard, but it was removed by a prior owner.

In an area with good schools, the house appealed to families—but a home with no fence on a busy block can be a deal breaker.

6. Wall color

Goldsmith reminds buyers paint is cosmetic. Bricks aren’t.

It’s easy to repaint a kitchen if you don’t like the color—go ahead and breeze past a confusing color choice

But falling in love with a home’s brick walls or dark wood paneling may prove tricky when you try to resell and you realize most buyers don’t share your aesthetics.

7. Yard

People moving from apartments may dismiss a tiny or nonexistent yard.

But a large yard helps resale value. And some might ask, “Why buy a house at all if you don’t want any land with it?”

8. Pools

Many buyers won’t buy a home with a pool, because they don’t want to deal with the upkeep, which gets expensive, Goldsmith says. But if you really want a pool, the upkeep may be worth it.

Just know that if you buy the home, you may wind up filling in the pool—or wishing the original owners did—when it’s time to sell.

9. The little things

Does the freezer door open all the way?

Does the layout mean in order to pass from kitchen to bedroom you’ll have to go through the living room?

Does the small living room push your overstuffed couch too close to the TV?

How You Can Avoid These 9 Traps

Listen to your real estate agent. If an agent expresses concerns about a feature or perceived fault, hear them out. You might buy anyway, but at least you’ll know what you’re getting into.

Listen to your brain as well as your heart. Don’t let emotion rule your decisions.

Visit often. Kick the tires, as it were—open all the doors, latch all the windows, and visit again and again to make sure you aren’t missing anything. You might see something the second or third time you didn’t see the first time you looked at a place.

“Take your time,” Goldsmith adds. “Is this really where you want to live? Is this good for you, your family and the way you want to live?”

Remember, an extra visit or two won’t cost much—but buying the wrong house could cost you plenty.

Based on an earlier version by Herbert J. Cohen.



The Fastest Way to Get Pre-Approved


Getting pre-approved for a loan can make the whole home-buying experience go smoother.

When you’re pre-approved, REALTORS® are more likely to want you as a customer, sellers are more likely to accept your offer, and—by knowing what you can afford—you’ll know what homes to look at.

And it doesn’t have to be a hassle either. With these easy tips, you can get a pre-approval without ever leaving your sofa.

Get Your “Pre-Approved” Facts Straight

Applying for a pre-approval doesn’t require nearly as much paperwork as applying for a mortgage, but you’ll still need to be as accurate as possible if you want to make sure you’re getting the best deal—and the most offers.

Start by gathering the information you’ll need:

§  Estimated purchase cost. If you have a home in mind, look up the seller’s asking price to get an idea of how much you’d need to borrow.

§  Down payment amount. Knowing how much you can put down will have a big effect on your pre-approval.

§  Personal information. You’ll need basic info like Social Security numbers and driver’s license numbers for anyone on the application.

§  Proof of income. Gather recent paystubs, tax returns and paperwork from your employer.

§  Proof of assets. Gather bank statements, retirement accounts, CDs and other documents showing your assets.

Estimate Your Credit Score

While any prospective lender will pull your credit score, you’ll also be asked to estimate your credit score on your application.

To make things easier, you can order a copy of your credit scores for a small fee from one the three credit bureaus—Equifax, TransUnion and Experian—before you apply for a pre-approved loan. By law, you’re entitled to one free credit history report a year from each of the credit bureaus.

You can also use your credit report to make an educated guess about your credit scores. For example, if you have low-to-no debts, active credit lines and a history of timely payments, you probably fall in the “good” credit score range.

Apply Online

Once you have your information and credit scores together, you have two options to apply for a pre-approved loan. If you have a particular lender in mind, you can visit the lender’s direct website to see if you can apply online.

Many lenders have this feature, but you’ll have to fill out an application for every lender you want to use.

If you want to go the faster route, try a pre-approval service like the one featured on® individual listings page. By checking the box that says, “I want to get pre-approved by a lender”, you’ll be connected with up to three lenders right away.

Staying Safe

Before you apply online, read through the company’s privacy settings. Look for companies who state this information:

§  Clearly list how your personal information will be used

§  Explains their pre-approval process

§  Guarantees not to sell your personal information to third-party companies or vendors

Knowing what you can expect while getting pre-approved will keep your identity safe.


 Plan for Property Taxes the Right Way


Knowing what to expect from property taxes, and what tax relief you can use, is an essential part of budgeting for home buying.

The last thing you want is to be caught off-guard by a large tax bill you aren’t in a position to pay.

What are Property Taxes?

Property taxes vary by area and are used to pay for local government things like education, emergency workers and libraries.

Property taxes are determined by the overall market value of your home—not the price that you bought it for.

How Are Property Taxes Assessed?

This home value assessment is determined by a tax assessor, either when the property is sold or renovated—or according to a fixed assessment schedule.

If you think your property assessment is too high, you have the right to appeal it.

Budgeting with Escrow 

Some loans, like Federal Housing Administration (FHA) loans and high-risk loans, require an escrow account.

Escrow accounts work like a forced savings account. The lender estimates the annual costs of property taxes and insurance. Each month, you pay a portion (one-twelfth) of that cost into the account.

By doing so, you won’t have to pay a lump sum of property taxes and insurance at the end of the year. For lenders, an escrow account cuts down on the risk of foreclosure due to bad budgeting by the homeowner. Escrow accounts can also be optional.

Escrow accounts can be very useful for people who aren’t very good at budgets. They also lessen the brunt of end-of-year costs. However, if you’re good at saving and like to micro-manage your own finances, an escrow account might just get in the way.

If you do have an escrow account, check your transactions to ensure your lender is paying your taxes and other expenditures by the due date.

Tax Deductions and Relief

Many states offer various forms of property tax relief.

§  The homestead exemption: This is where a percentage of your home’s assessed value is excluded from taxes. The homestead exemption varies by state. Some states offer it with a cap on the amount of money you can be exempt from while some states do not. Other states may require the homeowner to qualify under other criteria, such as age or income, to be eligible for the benefit.

§  Tax rate caps: This is the maximum amount that you will have to pay in tax. Not all states have one.

§  Property tax deferral: This allows some homeowners—such as seniors, those with disabilitiesor those with low income—to delay paying property taxes. Keep in mind additional costs like filing fees and accumulated interest on the delayed tax can be incurred.

§  Relief for military veterans: These tax relief programs also vary by state, although they often apply to veterans who were honorably discharged or have served during wartime. Check with your Veterans Affairs office to see what you qualify for in your area.

§  Energy tax relief: Homeowners who make eco-friendly renovations may be eligible for property tax breaks.

Planning for Property Taxes

You should find out more information about your county’s property taxes from your local assessor’s office or your town’s website.

Remember, tax exemptions can vary by state, so don’t bank on not paying for something unless you personally verify it.

Key budgeting tips to remember include what the likely assessment value of your home will be, when the next assessment will occur, and whether you qualify for any tax relief.

Updated from an earlier version by Ben Apple.



 How Your Mortgage Affects Your Credit and Vice Versa


Obtaining a home loan can have a variety of consequences for your credit score, and yourcredit score can have a variety of consequences on your mortgage.

Here’s what you need to know about credit when shopping for a home.

The Effect of Mortgage Applications and Inquiries

When you apply for a loan or for a line of credit, your credit score usually takes a small hit. Luckily, you don’t have to be too worried about dinging your credit score when you go loan shopping.

Normally, multiple credit inquiries would indicate a problem with your credit or that you have a problem with debt. However, loans such as mortgage and auto loans have a grace period during which multiple inquiries are treated as a single inquiry, so you don’t have to worry about your credit taking a dive.

While your lender will probably pull your FICO score, which has a 30-day grace period, they may instead pull your VantageScore—which only has a 14-day grace period.

To be on the safe side, do all of your loan shopping within seven to ten days.

What Mortgage Lenders Look for in Credit Scores

Lenders are looking for good credit scores and the absence of bad credit marks, such as these:

§  Defaults in payment

§  Lawsuits

§  Liens

§  Bankruptcies

§  Repossession

§  Foreclosure

Payment history is the greatest factor in your FICO credit score, accounting for 35% of the score. The other FICO credit factors are amounts owed (30%), length of credit (15%), new credit (10%) and types of credit (10%).

Loan Balances and Debt-to-Income Ratios

The balance of your home loan influences your credit positively as the loan decreases. Your credit score gets better as the gap between your original loan and current balance diminishes.

Your debt-to-income ratio compares all your debts, loans and credit cards to your total income. A high debt-to-income ratio could result in the denial of a loan. A low debt-to-income ratio shows lenders you have a better ability to repay the loan and is preferred by lenders.

Some loans, like qualified mortgages, require the borrower to have less than a 43% debt-to-income ratio to be eligible as a borrower.

Managing Your Credit Score

Getting and maintaining a good credit score may not be easy, but there are steps you can take to keep a healthy score:

§  Offer a higher down payment so you are borrowing less money.

§  Do not apply for any new loans or lines of credit during the home-buying process.

§  Lower your debt-to-income ratio by paying off as much debt as possible before applying for more credit or a mortgage.

§  Make all payments on time.

Sometimes credit reports may misreport negative events—like late payments, lawsuits, liens, bankruptcies, repossessions and foreclosures—so monitor your credit report every few months. Dispute any claims that don’t look right.

By law, you are granted one free credit report from each of the three credit agencies (Equifax, TransUnion, Experian) every year. Go to to get yours.

Updated from an earlier version by Frank Alan Herch.



3 Keys to Being an Attractive Mortgage Candidate

When you’re searching for a home loan, you want to make yourself look as financially attractive as possible to a mortgage lender. Having a good credit history, a healthy down payment and job stability are three key ways to boost your buyer attractiveness.

If you need some help with one or all of these categories, don’t worry—with a little work, you can fix those first-time home buyer blemishes.

Mortgage Approval Key #1: Have a Stable Job

Evidence of a dependable income stream can help you get a better mortgage rate and make you look more attractive to lenders. Because people tend to change jobs and careers more frequently these days, banks understand a certain degree of turnover.

However, the longer you are with one company—or at least in the same career or field—the better it looks to a lender.

Stay in your present position for a while, at least until you have secured the loan. If you have changed jobs or fields within the past two years, be prepared to explain why to your lender.

Know your income-to-debt ratio and don’t try to buy a house outside your means.

Mortgage Approval Key #2: Manage Your Credit

Lenders are more likely to deal with people who have good credit. Many people have made mistakes when it comes to credit, but there are things you can do to clean up your score:

§  Get a copy of your credit report and make sure it is accurate. If you find things that are incorrect, request to have them changed or removed.

§  Try to pay down your current credit cards. It’s good to have a moderate balance to show activity, as the credit card companies will report this as positive activity to be used as a reference.

§  Try to lower your debt-to-income ratio by paying off other bills so you are as liquid as possible.

§  If you have bad credit, start by paying your bills on time until your score improves.

§  Don’t take on new debts—wait until after closing to buy that big TV or new car.

Mortgage Approval Key #3: Have a Down Payment

A down payment for a mortgage is a good chunk of change, but it’s a chunk that makes you a more appealing buyer. Ideally, you will want to save up for at least a 20% down payment. The more you can put down, the lower your monthly mortgage payment can get. Some buyers may want to purchase positive mortgage points to lower their interest rate.

While you can get a loan with less than 20% down, you will probably have to get private mortgage insurance. However, if you can get a Federal Housing Administration (FHA) loan, you won’t need nearly that much. These  government-backed mortgages have low down payments but are a little tricky to get. Still, you should see if you meet those requirements.

Speaking of finances, you want your home buying experience to be a pleasant one, so take the time to put your finances in order the right way and save yourself some stress. Once you have made yourself as attractive a candidate as possible, find the right mortgage, get pre-qualified and then start shopping.

Updated from an earlier version by Philip Commins.



Your Final Steps to Securing a Home Loan


Once you’ve made an offer for a home and the sellers have accepted it, you may feel you can relax and just get ready to pack up and move.

However, until you get to the settlement date and have the keys to your new home in hand, you will need to stay vigilant about finances and keep in close communication with your real estate agent, the title company and—most of all—your lender: your home loan may still need attention.

From Pre-approval to Final Approval of the Home Loan

When you consulted a lender and obtained a pre-approval letter for a home loan, you may have thought your loan application was complete—but now that you have a contract, the real application must be processed.

Hopefully, your lender already went through the step of obtaining documentation from you—of your income and assets, bank statements and W2s, and an authorization to request your federal income tax returns. If not, you will need to gather all your financial documentsnow and provide them as soon as possible to your lender.

Even if your pre-approval included full documentation, you’re likely to need to give a lender updated paperwork such as your latest pay stubs, particularly if your pre-approval was several months ago.

The second part of your loan application depends on an appraisal of the property you are buying. Every lender needs an appraisal to understand the underlying value of the property, which is collateral for your mortgage. It’s up to you to pay for the appraisal but the lender will choose the appraiser.

If the appraisal meets or exceeds the price you have offered for the home, that piece of your loan application is complete; but if the appraisal comes in too low, you will only be allowed to borrow up to the maximum of the appraised value—minus your down payment.

In other words, if the appraiser says the house you want to buy is worth $200,000 and you intend to make a down payment of 10%, the lender will only approve a maximum loan of $180,000. If you and the seller have agreed on a higher price for the home, such as $215,000, you will either need to renegotiate the offer or come up with the extra cash to make up the difference.

Follow Your Lender’s Lead

During the interim period between the signing of the contract and settlement date, you will have several responsibilities to make sure your mortgage is in place when you are ready to close.

§  Respond immediately to all lender requests: Lenders often need more information from you while your home loan is being processed. Even if it seems excessive, make sure you provide everything needed in a timely fashion.

§  Keep track of all deposits and withdrawals: If you have any unusual deposits other than your paycheck, you will need to provide a paper trail of where the money came from, so it’s best to avoid any major financial moves at this point. If you must move money around for your home purchase, keep excellent records and be ready to provide them to your lender.

§  Maintain your credit profile: Don’t apply for new credit, spend anything on your credit cards or close any credit accounts—because any one of these moves could hurt your credit score or change your debt-to-income ratio. Wait until after the closing to make any purchases for your new place.

§  Communicate with everyone: Your real estate agent, your title company and your lender should be busy behind the scenes getting ready for settlement day, so you should stay in touch with them often to see if everything is on track—and if they need anything from you.

Following these simple steps makes it much more likely that your loan will be ready when you are ready to pick up your keys.



Basics of Home Repair Requests for Home Buyers


A home inspection report will highlight a list of home repair issues needing attention before you complete the purchase transaction.

Regardless of whether the house you want to buy is a new construction or decades old, you will always need to make a request for repairs.

Repairs can run the gamut from major plumbing or electrical issues to minor tile chips or floor scratches.

Keep in mind that it is unlikely that the sellers will repair the tens (or hundreds) of line items on your fix-it wish list.

Therefore, it is important for a buyer to have clear and reasonable expectations when making home repair requests.

Leverage Home Repair in Your Favor

Let them hear it from a pro: hire a professional, experienced home inspector to fully inspect the home you have your eye on.

Aside from determining whether the house is in good enough shape for you to invest your hard earned money in it, having an official inspection report will give you an edge at the negotiation table.

Telling the seller you want the porch repaired because it feels shaky will not hold weight unless a professional home inspector submits a report about the porch’s structural damage.

Each Home Repair is Not Equal to the Next

If the home repair is relatively minor in cost or a non-safety issue, it may not be worth making an issue over it. Valid buyer repair requests are generally significant issues uncovered by a thorough home inspection.

Any items obvious when you initially look at the house—like cracked sidewalks or peeling paint—should be stipulated in the purchase offer and not requested as a home repair later in the process.

Common Home Repair Requests

Here are some items commonly found on buyers’ home repair lists, although sellers may or may not be willing to fix them:

§  Upgrading ungrounded electrical wiring if the house was built before the 1960s

§  Replacing old-style galvanized water pipes or any leaking pipes

§  Making roof repairs

§  Changing disintegrating sewer pipes

§  Upgrading heating/cooling systems and water heaters

Required Home Repair Items

Items a seller must fix are these:

§  Any water penetration issues, such as a wet basement or moldy walls

§  Local code safety violations, such as missing handrails or an unstable deck

In addition, any repairs listed on the appraisal report must be fixed.

For example, if a structural problem was noted on the appraisal, a lender may not be willing to release funds to the buyer until that home repair is made.

In many cases, the seller may opt to offer you a cash credit for the cost of the repair, rather than taking the time to have it repaired themselves.

This is actually in the buyer’s favor, as the seller no longer has a vested interest in ensuring the job will be done right.

Updated from an earlier version by Aviva Friedlander.


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