What is the Function of a Home Inspection Contingency
Clause?
Once
you have found the home you want to buy, the next step is to
make an offer. As part of the purchase offer, you have the
option of entering a home inspection contingency clause. A
home inspection is an optional clause on an offer, but one
worth serious consideration.
A home inspection contingency clause states that you have
the right to withdraw from the sale if, upon completion of a
home inspection...
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Are You the Right Owner for an Old House?
An
old house can be tempting to prospective homeowners. Older
homes were built with quality materials that withstood the
test of time, and the neglected ones have so much potential.
However, old houses are not for everyone. Do you make the
cut?
Will it be a bargain in the long run?
At some point during a deep renovation of an old house
involving serious plumbing, wiring and structural work, it
may occur to you that you could...
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What is Loan Modification?
By Zabrina Way The
Obama administration recently announced that 500,000
homeowners should get loan modifications by the end of 2009.
Now, many homeowners have questions about the process.
What is a loan modification?
Loan modifications are changes lenders make to existing
loans when the borrowers have a long-term inability to keep
up with loan payments. Modifications can include a reduced
interest rate...
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A Simple Faux Finishing Technique: Color Washing
Of
all the faux finishing techniques, color washing is among
the easiest to do. A color wash consists of simply covering
a wall in paint, mixing a glazing liquid with another paint
color, and brushing it on over the base coat. Sounds easy
enough, doesn't it?
It is. If you would like to spruce up your home a little,
but do not consider yourself the creative type, color
washing may be the way to go. You do not...
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5 Home Safety Tips to
Prepare for Emergencies
Over
the years, Americans have endured many different types of
tragedies and crises—from Hurricane Katrina and September 11
to countless other natural disasters. During these
hardships, we have learned to expect the unexpected and to
be ready for anything.
With this in mind, the U.S. Department of Homeland Security
has declared September National Preparedness Month in an
effort to educate people about natural and national disaster
preparedness and to motivate families to plan ahead. In
support of this year's "Ready Campaign," First Alert and The
Lehigh Group, makers of home safety and security products,
offer some simple tips for preparing your home and family to
face unexpected emergencies.
"You never know when disaster may strike, so having a safety
plan in place is the best way to prepare your family to face
crises with...
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