Ryan Vaught's (rvaught) Blog

October 21, 2008 21+ Common Closing Costs For Buyers 1. Down Payment2. Loan Origination Fee and Points3. Appraisal Fee4. Credit Report5. Flood Letter6. Private Mortgage Insurance (PMI) Premium7. Home Owners Insurance Premium8. Mortgage Insurance Escrow9. Home Owners Insurance Escrow10. Property T...

October 20, 2008 18 Steps Most Buyers Take To Buy Their Home Step #1. Look for an agent to help you through the maze. Step #2. Interview the agent...set an appointment with an agent to find out if they have the skills, services and professional attitude you're looking for. Step #3. Discover if t...

The following questions to ask yourself are the keys to being ready, willing and able to purchase when you find the right home. Doing the homework and getting your papers in order will make the home buying process much easier. Question #1. Do you have a current lease? Question #2. Can you sublet ...

The following items are the keys to being ready, willing and able to purchase when you find the right home. Doing the homework and getting your papers in order will make the home buying process much easier.   Step #1. Be pre-qualified by a mortgage loan officer. Step #2. Obtain a mortgage pre-app...

October 2, 2008 Key Questions To Ask A Home Inspector Before Hiring One •· What type of licenses, certificates or designations do you hold? •· What is the scope of your inspection? How detailed will the inspection be? •· How many inspections do you do per year on residential homes like ours? •· H...

October 1, 2008 7 Questions A Buyer Should Ask An Agent Prior To Making Their Agent Selection Q #1 What are your company's resources, support staff and network affiliation? Q #2 What is your company's history and track record in helping buyers? (ex: How many buyers did your company serve last yea...

September 30, 2008 Issue #1 Why buy a condominium?Make a list of all the reasons you want a condominium rather than a single family detached house. Issue #2 Is what you're looking at really a condominium?If you want a condominium be sure you're not buying a look-alike (ex: townhouse, zero lot lin...

#1 There is no perfect house......when you find a house/property that is consistent with your top few priorities -consider writing an offer. Seldom does a buyer find a property that has more than 85% of what they want/need. #2The popular properties priced right go quickly-so be actively looking o...

Key #1Proof of ability to pay... have evidence of loan approval or cash. A preapproval letter from a lender is best. Key # 2 Earnest Money...put down enough earnest money to make your offer look attractive to the seller. Think about 10-20% as a good guideline for a down payment. Key #3 Offer a re...

These Tips will help to keep you from coming across anything unpleasant when you decide to purchase a home: 1. A Customized Market Analysis 2. Appraisal Rider 3. Review the Seller's Disclosure Form . . . in detail 4. Home Warranty/Protection Plan 5. Building Inspection 6. Other Inspections (ex: r...