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Buying fixer-upper? Don't expect goldmine
Fixer-upper properties come in many varieties. Cosmetic fixers usually offer the biggest return on your investment. And, they tend to be a lot less costly than homes that require major renovation.
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When mortgage is sold, payment confusion begins
Q: We refinanced our home loan in March with an online mortgage lender. Within a couple of weeks, we received a letter from another mortgage company advising us that our May payment was to be made to them. A May payment invoice was included. I contacted the original lender and was told that the loan was not sold. They said if and when that happens, we would receive a "goodbye letter," which has not arrived. We now have May payment invoices from both lenders, and only two weeks to go until the first payment is due. We contacted the second lender and they still insist they now own the loan. What should we do? We do not want this to impact on our good credit rating.
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Want a fancier-looking room? Try wainscoting
One way to really dress up a room and try your hand at some different decorating techniques is to consider wainscoting. There are a number of ways to combine materials to create some very attractive wainscoting effects, and the cost doesn't need to be prohibitive.
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GFCI electrical outlets are lifesavers
Q: What is a GFCI electrical outlet? Are outlets of this type required in all homes, and if so, where? --Allen D.
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Curb appeal tips that pay off
Imagine going on a job interview looking shabby, or trying to sell your car for a good price when it's filthy and loaded with stuff. In a competitive market, you wouldn't do well.
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Making the Quick Sell!
Sometimes we overlook the most simple repairs or improvements hoping our Buyers will never notice. However, it's the little things that can make such a HUGE difference in how a Buyer sees and feels in your home. Here are some suggestions that may help:
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Why home purchases fall apart at last minute
Most buyers and sellers feel relieved when the negotiations are done and the purchase agreement has been signed by all parties. It's a milestone. But, you might want to hold off celebrating until the transaction closes.
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