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Nov 22nd 2010 4:35PM
After months of hunting, touring and haggling, you've finally found your perfect house. Like most buyers, you'll have it inspected. The home inspection is your chance to find out what's really going on under the hood before you commit to the purchase. Over the course of a few hours, the home inspector will probe every nook and cranny of the property's exterior and interior, as well as review critical home systems.Nov 16th 2010 3:00PM
You may recall the story of Captain Michael Clauer and his wife, May. The couple, who live in Frisco, Texas, owned their $300,000 home free and clear. But when Michael, an Army reservist, was deployed to Iraq, his wife got into a funk and failed to pay their $800 homeowner association dues. Next thing you know, the Heritage Lakes Homeowners Association foreclosed on the house, then sold it for just $3,500.Sep 15th 2010 12:43PM
Deborah Rehyer of Vienna, Va. had just one requirement for buying a vacation home: It had to be waterfront.
Her search began in a region 90 minutes from her home, in Virginia's Shenandoah Valley. And her search ended on the opposite side of the state with a six-acre parcel on a tidal pond just off the Chesapeake Bay.
"Waking up in the morning is the best. I take my coffee out to the floating dock and watch the world wake up," Rehyer says of her vacation property.
Many of us visit vacation spots and wonder what life would be like to live there. Often, we pick up the real estate brochures searching for a cheap vacation home or the luxury house of our dreams.
Even as the national real estate market remains stagnant, professionals and experts say that the market for vacation homes...
