07 Aug 2024
By RESCO Realty

What Does a Home Inspector Look For in a Home You Want to Buy?

Home Values, ,
Buying your first home is an exciting milestone, but it can also feel overwhelming. One critical step in the home-buying process is the home inspection. An inspection is a complete examination by a professional home inspector and ensures the property is in good condition and helps you avoid costly surprises. What exactly does a home inspector look for in a home you want to buy? Let's break it down. Exterior Structure and Foundation First and foremost, the home inspector will assess the exterior structure and foundation. They will check for any visible cracks, signs of settling, or water damage that…
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08 Nov 2023
By RESCO Realty
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What Are The Pros And Cons Of ‘No-Deposit’ Mortgage Deals For First-Time Buyers?

Home Mortgage, , ,
"No-deposit" mortgage deals for first-time buyers refer to mortgage options that allow buyers to purchase a home without having to put down a deposit or a down payment. Here are the pros and cons of such deals: Pros: Lower upfront costs: The most significant advantage of a no-deposit mortgage is that it eliminates the need for a substantial upfront deposit. This can be beneficial for first-time buyers who may struggle to save a large sum of money for a deposit. Increased affordability: With a no-deposit mortgage, first-time buyers can purchase a home with a smaller amount of savings. Potential investment…
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04 Jan 2022
By RESCO Realty

How Can Parents Help Their Children Buy A Home?

Real Estate, ,
One of the most common dreams is homeownership; however, the cost of buying a house is rising quickly, and many children cannot afford to buy a house even after they finish school. They might be encumbered with student loans, and they could have a difficult time finding a job. Fortunately, there are ways parents can help their adult children buy a home. Help Children Build A Healthy Credit History As Early As Possible One of the biggest factors involved in an application for a home loan is the credit score. One reason why children have a difficult time qualifying for…
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