5 Options When You Inherit A Home With A Mortgage, Do You Have To Get A Home Inspection When You Buy A Home? Fannie Mae's Latest Updates To Its Equitable Housing Finance Plan

5 Options When You Inherit A Home With A Mortgage

Real Estate Tip:

Get a home inspection before you buy a home. If the required renovations and repairs identified in the inspection report are beyond your capacity to deal with, move on to another home.

Real Estate News:

Fannie Mae has unveiled its latest upgrade to the 2022-2024 Equitable Housing Finance Plan, aimed at dismantling obstacles to housing and home ownership while The National Association of Home Builders has introduced a comprehensive 10-point housing plan aimed at combating shelter inflation and alleviating the housing affordability crisis by dismantling obstacles impeding the construction of buildings.

How Long Should A Home's Roof Last?, Do You Need Renters Insurance?, US Home Prices Fall Finally

How Long Should A Home's Roof Last?

Real Estate Tip:

If you own rental property, encourage your tenants to buy renters insurance to protect their belongings and personal liability because a landlord's insurance policy does not cover those items.

Real Estate Insight:

In April, US home prices posted their 1st year-over-year price decline in 11 years.

What Big Drop In Lumber Prices Means For Real Estate, The Correct Way To Present A Real Estate Deal, Lumber Prices Finally Fall

What Big Drop In Lumber Prices Means For Real Estate

Real Estate Tip:

Provide multiple comparable sales, with photos, addresses and detailed information when you present a real estate deal to an investor, lender or JV partner.

Real Estate Insight:

Lumber prices have fallen to their lowest level in more than 2 years back to the cost it was before the pandemic building boom.