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What Is Loan To Value (LTV) And How Does It Affect The Size Of My Loan?
http://bucket.wistia.com/medias/qe783yv8wj?embedType=async&videoFoam=true&videoWidth=640 While this video simplifies things to help you remember, the loan to value ratio is the amount of money you borrow compared with the price or appraised value of the home you are...
What Is A Mortgage?
http://bucket.wistia.com/medias/fbqaw6prcx?embedType=async&videoFoam=true&videoWidth=640 The original phrase “mort gage” translates as “death pledge”! But as this video explains, a mortgage is a loan obtained to purchase real estate. The "mortgage" itself is a lien -...
Are There Special Mortgages For First-Time Homebuyers?
http://bucket.wistia.com/medias/czo9ns7fri?embedType=async&videoFoam=true&videoWidth=640 Yes. Like the video shows, lenders now offer several affordable mortgage options which can help first-time homebuyers overcome obstacles that made purchasing a home difficult in...
What Are “Home Warranties”, And Should I Consider Them?
http://bucket.wistia.com/medias/v3gw5oemkw?embedType=async&videoFoam=true&videoWidth=640 You’ll see some pictures in this video to help you remember later, but essentially, home warranties offer you protection for a specific period of time, such as one year, against...
What Is Earnest Money, And How Much Should I Set Aside?
http://bucket.wistia.com/medias/6jruux14y9?embedType=async&videoFoam=true&videoWidth=640 Like the video shows, “earnest money” is money you put down to demonstrate your seriousness about buying a home. It must be substantial enough to demonstrate good faith and is...
What About A Home Located In A Flood Plain?
http://bucket.wistia.com/medias/fbc2mvt4i4?embedType=async&videoFoam=true&videoWidth=640 A flood plain is an area of land adjacent to a stream or river that experiences flooding during periods of high discharge. Watch this video and it’ll make sense. If you live in a...
What Does A Home Inspector Do, And How Does An Inspection Figure In The Purchase Of A Home?
http://bucket.wistia.com/medias/6juup9np5u?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, an inspector checks the safety of your potential new home. Home Inspectors focus especially on the structure, construction and mechanical systems of...
How Can I Keep Track Of All The Homes I See?
http://bucket.wistia.com/medias/8qww3cw9bc?embedType=async&videoFoam=true&videoWidth=640 There are some great tips in this video, like: if possible, take photographs of each house: the outside, the major rooms, the yard and extra features that you like or ones you see...
What Questions Should I Ask When Looking At Homes?
http://bucket.wistia.com/medias/yvl7unqifj?embedType=async&videoFoam=true&videoWidth=640 As you’ll see in this video, many of your questions should focus on potential problems and maintenance issues. Does anything need to be replaced? What things require ongoing...
What Should I Look For When Walking Through A Home?
http://bucket.wistia.com/medias/i6537rcwoe?embedType=async&videoFoam=true&videoWidth=640 As we show you in this video, in addition to comparing the home to your minimum requirement and wish lists use the HUD Home Scorecard and consider the following: Is there enough...
