Archive for May, 2009

Billy J asked:

I recently bought a home from someone who only bought the house two months before (and remodeled it). The pump doesn’t look old or anything, and it works.

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Home Buying?

Ricky P asked:

So am new at this buying a home stuff – what “escrow account”?

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Home Buying?

torrentt_n asked:

I have little income and am interested in purchasing a home. Any advice would be helpful in finding grants preferrably. I live in Cicero, IL – so if you live here and have been in my shoes – help me (i would really appreciate it) thanks

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Crazytune asked:

I am buying a home from Ryland Homes and they keep delaying the completion of it. Is it too late to back out? More specifically, I signed all of the paperwork and they already have $6000 of my money (retainer and other fees). They keep telling me to have my 20% down payment ready, but they keeping changing the finish date. They say that if I back out now, I will lose the $6000. What options do I have…or am I at thier mercy?

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MISSTERY asked:

Is the total settlement cost in buying a home more likely to be 7% of the selling price in addition to the down payment? or it already includes the downpayment?

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