Sol Skolnick, Professor Home Loan - A STEP-BY-STEP GUIDE TO FINANCING YOUR HOME

run by a board of directors, elected by the shareholders, and are responsible for financial oversight, common area maintenance and repairs.

STEP 8: GO HOME SHOPPING

Now comes both the fun part as well as the tricky part — looking at homes. The fun part is searching and viewing homes online that meet both your budget and criteria, as well as visiting open houses, allowing you to feel and see for yourself what is and isn’t the right home for you, and then identifying it. Make a thorough search of the available homes that fall within your price range and meet all your needs — and at least several of the wants from the lists that you wrote out in step three. The tricky part? You need to examine each property’s condition so that you know exactly what it is you’re getting. Every property has its own specifics related to water supply, sewage disposal, sanitation, utilities, cable, and internet access, which impact the desirability, convenience and value of the property. Prior to signing a contract hire a certified home inspector who will evaluate the following according to the American Society of Home Inspectors (ASHI): 1. Heating, Ventilation, and Air Conditioning (HVAC) 2. Interior plumbing and electrical systems 3. Roof and rain gutters 4. Attic, including visible insulation 5. Walls 6. Ceilings 7. Floors 8. Windows and doors

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