First Time Home Buyers

Are First-Time Homebuyers Back and Here to Stay?

  • View post

There were many positive headlines this month from various news outlets highlighting the continued growth in total number of real estate sales and growth in home prices. Aiding this growth is the percentage of potential buyers that will make up the next generation to influence the real estate industry and the economy – Generation Y, or the Millennials. The month of September was another solid month for real estate closings, according to the National Association of Realtors sales were up 2.8% over previous year with a total of 484K existing homes sold during the month. What drove the increase was the return of first-time homebuyers to a respectful level of 34% of all buyers being first-time purchasers during September, which is a level that has not been seen in over four years.

The three primary generations that made up over 90% of home purchases this year were the Baby Boomers, Generation X, and the Millennials.  The generation segments coincide with an explosion of growth in population after World War II, from 2.8 million annual U.S. births prior to the boom, to averaging over 4 million births for the period classified as the Boomer generation. The birth decline did not begin again until 1963, when the next demographic generation, Generation X, saw a decline in population growth through new births for a period that lasted until 1977.  Now, the Millennial generation has entered the prime years for buying a home and how they educate themselves about homeownership is very important to understand as they outnumber the amount of Baby Boomers with a total estimated population of over 83 million and are far more diverse than previous generations.

Millennials currently compose 35% of all homebuyers and I safely predict, from the stand point of the total number of them that percentage will increase in 2017 and beyond.  According to a recent survey published by Realtor.com, first-time buyers have increased to 52% of prospective buyers planning to buy a home in 2017.  This is up from 33% of prospective buyers that were first-time purchases when the company conducted the same survey the previous year. So, what makes this next generation of home owners different from previous generations but yet the same?

I am part of Generation X, which means I grew up with access to a computer in a classroom but the majority of learning took place from textbooks, and communication was in person or via the phone. Society and the media describes the Millennials as enthusiastic, tech-savvy, entrepreneurial and opportunistic – all good things!  Now for the negative labels: lazy, unproductive, and self-obsessed. I like the generation behind me, and hasn’t the label of being self-absorbed been a common description for everyone who is still growing up?

The ironic thing is those are the very similar descriptions that were placed on my generation.  We were the slacker generation because of the different music style, referred to as grunge or alternative rock, which was popular in the 1990’s. However, as a demographic group, Generation X became very independent and went to college at a higher percentage rate than the Baby Boomers before them.  We all age and mature, but the emotional needs of people that drive their behaviors remains the same.

So what will be different with the Millennials that will affect the housing market? They are delaying or eliminating marriage, but that is nothing new, as the average age of marriage and percentage of unmarried households has been going up since 1960. What is dramatically new is the way of communication. Since the introduction of the iPhone in 2007, people have been able to be connected online through a mobile device 24/7.  It has always been a critical skill in business to know how to communicate effectively with your customer. As the Millennials will continue to dominate home sale purchases, communicating effectively and expediently with them will all be about how well agents tap into technology to market and respond to them. While personal referrals are critical for an agent’s success to grow their business, the latest surveys conducted by Zillow showed that 29% of Millennials found their agent online, bypassing the personal referral process. I expect that number will increase, and the number of first-time homebuyers will continue to grow.

How do you communicate effectively with this population demographic?  It actually starts before they contact you, as they begin to research the market long before they speak with a Realtor. For starters, you need to have a mobile strategy, a video strategy, and be easily found online with your agent brand visible to them in multiple online formats. In targeting this group, just like with any marketing campaign, you should focus on the buyer’s interests.  I like what the Minneapolis Association of Realtors is doing with its first ever campaign targeting first-time homebuyers. They are creating humorous 30-second videos that will be available on social media.  You can see their ads at MatchMakersForHomes.com. This makes sense, as the Millennials consume information more and more through brief video segments.

To learn more about building your business, be sure to join the many Baby Boomers, Generation X’s, and Millennials who are all part of United Real Estate and register to attend the United Convention! Go to: Unitedpalooza.com.

Peter Giese

President & Co-Founder

United Real Estate

Improve Your Credit, Avoid These Things

  • View post

When you’re purchasing a home, your credit score matters. After all, your score will play a major role in whether or not you will get approved for a mortgage at a rate you can afford.

But, what if you need to improve your credit prior to applying for a mortgage? Many potential homeowners find themselves in this position and as such, need to know what to do (and what not to do) to boost their credit. And in this article, we discuss the top five mistakes to avoid when you’re looking to boost your credit. Let’s get started!

 

  1. Cancel Old Credit Cards/Request Limit Reductions

Did you know that 15% of your credit score is determined from the length of your credit history? It is and as such, cancelling old cards will make it seem as if you have more debt than you actually do (because your amount of available credit will decrease).

Relatedly, you shouldn’t request to decrease your limits either. Doing so will also make it appear as if you have more debt than you do, having the same impact as cancelling old cards.

 

  1. Staying Current on Only Some of Your Cards

We all have months where we must prioritize where we spend our money to pay off debts but you can’t fall behind on your cards! Approximately one third of your score is determined by whether or not you pay your cards on time and as such, it’s vital to stay current on every card.

 

  1. Having Too Much Credit

Was there a point in your life where you had to open credit cards to balance all of your purchases? Doing so may not seem like a big deal at the time but unfortunately it will influence your overall credit score.

If you have too much credit, you may be viewed as a risk because you could accumulate a significant amount of debt rather quickly. As such, you should avoid signing up for new cards (particularly impulse decisions at stores for discounts) since doing so will further jeopardize your chances of receiving an attractive mortgage.

 

  1. Maxing Out Credit Cards

You never want to reach your credit limits when managing your debt. After all, maxing out cards will negatively affect your credit, even if you’re staying current on your payments.

Don’t buy what you don’t need. Doing so will help you pay down the cards and manage your debt more effectively (especially when you’re looking to improve your credit score.

 

  1. Never Avoid Opening Cards or Securing Loans

Some individuals have the opposite problem than many others: They don’t have enough credit to build up their score. As such, it’s important to not fear cards or loans and instead, open and use them effectively.

For example, you may want to open one credit card for a store you shop at regularly. By using it on a frequent basis and paying it off each month, you’ll build credit that will give you a much better deal once you’re ready to purchase your home.

 

United Real Estate Can Help You Purchase Your Home

If you’re building credit in the hopes of purchasing your first or next home, the team at United Real Estate can help!

Since 1925, our team has worked across the United States to provide guidance, support, and expertise to homeowners just like you. Contact us to begin the search for your home, today!

Buying Your First Home: How to Get Started

  • View post

Have you recently been feeling that now is the “right” time to purchase your first home? If so, it’s an incredibly exciting time in your life. However, there is also a lot of stress and anxiety that can come with the process.

If you’ve never purchased a home before, chances are that you have some questions. The most pressing of which is: “How do I even get started in my search?” And if you’ve been wondering the same thing, you’ve come to the right place.

Start the Process With a Few Key Questions

We’re going to answer your question with another question (or rather, questions). After all, it’s important to ensure you’re really ready to buy rather than doing so on a whim.

Some questions you should consider before going further in the process include:

  • Should I be purchasing a home at this time or is renting a better option/ Am I planning on staying in this area for the next three to five years?
  • What are my reasons for purchasing my home? Am I buying for the “right” reasons?
  • Am I at the right place in my life (relationships, job, financial stability) to purchase a home?

If these questions don’t slow you down or give you pause, it’s time to consider the next part of the process: Financing your home.

 

Get Your Finances in Line

Purchasing a home is one of the most significant investments you’ll make in your lifetime. And as such, it’s important to make sure your finances are in order before beginning the actual house hunt.

When you’re considering financing, it’s important to research available loan programs as well as potential mortgage rates and fees. Often, this means you should order your credit report, correct any errors, and pay down current loan balances before going to a lender.

Once your credit is in order, you can visit multiple lenders (beginning with your own financial institution) to interview mortgage brokers, determine potential loan programs, and figure out your potential monthly mortgage payment (depending on the home you can afford). You will want to get a preapproval letter since doing so will give you more leverage in negotiations with sellers once you find the home you want.

 

Next, the Home Search Can Begin

After these vital preparatory steps, you can begin the home search. It’s best to do so with an experienced real estate agent, helping you avoid common mistakes and get the best value for your money.

The best way to find a qualified agent is to ask for referrals from family members, friends or colleagues. By doing so, you can avoid the headache that comes with choosing an agent whose expertise might not fit your needs.

 

United Real Estate Can Help You Purchase Your First Home

If you’re interested in purchasing your first home and are looking for an agent to help you do so, the team at United Real Estate can help.

With decades of experience in helping individuals just like you, we can help find the perfect first home no matter your budget or needs. Contact us to begin the search for your home, today!

Home Warranties: What You Need to Know

When you purchase a home, your mortgage company requires homeowners insurance. But a home warranty? That’s an entirely different story.

Do home warranties really protect you?

Do home warranties really protect you?

Whereas homeowners insurance protects personal property (i.e. the contents within your home) as well as the structure of your home should an accident or disaster occur, a home warranty is optional insurance that protects major appliances within the home.

So what should you know about a home warranty before deciding whether or not to get one for your home? Read on to find out!

Home Warranties are Valid for a Limited Time

A home warranty typically lasts for just one year. And while it can be renewed, you must track when it expires on your own because a carrier won’t often notify you when it is expiring.

Coverage (and Cost) Varies Depending on Your Warranty

As is the case with standard insurance, warranties differ depending on the level of coverage you want to pay for. If you opt for basic coverage, you may have a few appliances covered like your furnace, heating and air conditioning, and a few other major appliances.

If you upgrade to a premium plan, you’ll enjoy more protection for other appliances in your home. It’s up to you to decide how much coverage you feel comfortable with (and can afford) as most plans will vary from $250 to $600 annually.

You Have to Pay a Deductible When You Make a Claim

Depending on your specific home warranty, you will have to pay a certain amount each time you make a claim. And in most cases, you can’t combine costs if two appliances break down at once; you must pay separate fees for each.

In Most Cases, You Can’t Choose Who Completes the Repairs

If you’re someone who is uncomfortable with being told who can enter your home to make the repairs, a home warranty may not be for you. In almost every case, your home warranty carrier will already have a list of contractors for all repairs, meaning you won’t be able to choose for yourself.

So, Should You Buy a Home Warranty?

Deciding whether or not to purchase a home warranty is a personal decision and one that you must make depending on the appliances in your home and whether or not you’re financially prepared to make major appliance repairs should something happen.

This makes it important to consider your options and make an informed decision when you’re purchasing your home. Many new homeowners don’t invest in a warranty if their home is less than 10 years old but will if it’s more than 10 years old. You may want to use these same guidelines or others as you make the decision for yourself.

If You’re Ready to Purchase a Home, United Real Estate Can Help

If you’re on the hunt for your dream home or have found it and need to take the next step, United Real Estate is here to support you along the way.

As a national leader, we’re able to guide new and experienced homeowners with our expertise. Contact us to find your dream home, today!

Who Should Pay for a Home Inspection?

So you’ve found your dream home and you’re ready to sign the paperwork, but not before getting a home inspection. After all, getting an inspection from a qualified professional is absolutely essential when you want to make sure there are no unwelcome issues with the foundation, electric, plumbing, or other systems in your new home.

But one question remains: Who should pay for the home inspection?

Don’t get caught with surprises, protect yourself with a home inspection.

This is one of the most common questions when it comes to working out the fine details of any home negotiation and below, we have the answers you’ve been searching for to seal the deal on your new home.

In Most Cases, Buyers Pay for the Inspection

While the nationwide average cost of a home inspection is approximately $450, inspections can cost upwards of $1,000 in areas of New York and sometimes less than the average in less populated areas. But no matter the exact cost, a home inspection is a pricey necessity that leaves buyers wondering if they should be stuck with the bill.

However, it is the buyers who traditionally pay for the inspection.

After all, it’s in their best interest to ensure that there are no issues with the home. Or, if the inspection does reveal issues, it gives buyers the ability to negotiate the price on the home due to the cost of any necessary repairs. As such, a home inspection can actually end up saving you money should you find major issues and prevent you from getting stuck with the bill for these repairs.

Sellers Do Pay for Some Inspections

Just like it’s most common for the buyers to pay for the home inspection, it’s also common for sellers to pay for other inspections.

For example, most sellers will pay for termite inspections and sometimes even well, water, or septic inspections if necessary. This alleviates some costs from buyers and gives further reassurance that the home is in proper condition for the next owners.

Everything is Negotiable

If you’re looking for a definitive answer to this question, you’ll probably find the answer “everything is negotiable” on most resources you find. And in fact, everything is negotiable.

In some cases, the sellers will pay for a home inspection. But if you’re looking for ultimate peace of mind in one of the most significant transactions of your life, it’s best to hire your own professional for the inspection.

If You’re Ready to Purchase a Home, United Real Estate Can Help

Whether you’ve found your dream home and need assistance scheduling the inspection or are ready to begin the hunt for your next home, United Real Estate can help.

Our position as a national leader in the real estate industry gives us both the experience and expertise to handle your unique needs. Contact us to find your dream home, today!

The Skinny on Home Warranties

Your furnace goes out. Now what? It’s a costly repair that can really take a toll on your pocketbook.

Do home warranties protect your new investment?

Do home warranties protect your new investment?

There are many people that rely on home warranties to repair their appliances. Home warranties are service contracts that are designed to cover appliances and other items that can break within the home. However, the age old question is – are home warranties worth it?

First, it’s important to understand the difference between a home warranty and home insurance. A home warranty typically covers repair and replacement costs for appliances – with a service fee. Home insurance covers appliances, but normally won’t cover them unless damage occurs to the house – for example, a fire, flood or theft.

The Pros – For sellers, home warranties that are included on a home they are selling can be a big bonus. According to a recent survey by a large home warranty provider, homes that come with a warranty sell 11 days quicker and make an average of $2,300 more that those that do not. Buyers can have the reassurance that their appliances are covered and possibly save up to thousands of dollars.

The Cons – Many consumer reports argue that home warranties aren’t worth the cost – $400 to $600 a year. One complaint is that many claims are denied because it is determined to be a pre-existing condition. Claims are also denied because the appliance hasn’t been maintained properly. Other problems included no coverage on more expensive items like leaky roofs or basement moisture and extra charges for things like plumbing and heating.

If you’re ready to purchase a home warranty, here are some tips to consider:

  • Check out multiple providers. Just like with any purchase, review your options. Also, make sure the company has the proper licensing and other requirements to provide a home warranty.
  • Review the contract carefully. As mentioned, there are many reasons a claim can be denied. There are also many appliances that could possibly not be covered under your plan. Read the contract carefully, including the fine print.
  • Create a budget. Add in the payment to your monthly budget. Include a possible service charge – which could range from $50 to $100.
  • Talk to your real estate agent. Keep your agent in the loop about your search for a home warranty. They may have a good relationship with a company and know who to watch out for.

United Real Estate is here to help you make the best decisions for you and your family.  If you are ready to get started on the home buying process, or if you have questions about buying, contact our support team.

 

Sources:

http://www.consumerreports.org/cro/news/2014/09/why-you-should-avoid-home-warranties/index.htm

http://www.latimes.com/business/realestate/la-fi-lew-20140511-story.html

Four Things to Avoid When House Hunting

  • What neighborhood works best for you?

    What neighborhood works best for you?

    View post

House hunting can be exciting but there’s also plenty to consider when you’re conducting your search. When looking for a house, most people have a good understanding of what features they want.  But what about the things you need to avoid?

To dodge some major house hunting pitfalls, take a look at our quick tips below.

Looking outside of your price-range. Find out how much you can borrow from your home lender and stick to it.  While it can be tempting to stretch your budget for a home that appears to be just right, people often forget about hidden costs like taxes, insurance, utilities and fees that will be tacked onto the purchase price or the monthly payment. To avoid temptation, scratch any homes off your list that are clearly out of your price-range.

Buying the first home you see.  There’s a lot to consider when buying a home and without a strong basis of comparison, you could be making the wrong decision. Make sure you’ve done your research and have a good idea of what average prices are in the area you’re looking in and see how each home stacks up. You’ll also need to investigate the neighborhood to make sure it’s on par with your family’s needs. Once you’ve had a chance to look at some options, you’ll feel great knowing that you’ve made an informed decision.

Homes that need major renovations. Unless you have the cash flow and ability to renovate, these homes are best left untouched, especially for first time home buyers. Think about how much time you’re willing to wait while your house is being renovated – are you prepared to wait even longer? Renovation projects tend to go over-time and over-budget, so unless you’re looking to stay put for several years, this home might not be worth the headache.

Not getting inspections. Make sure you arrange an independent inspection to assess the overall state of the home, even if your lender doesn’t require it. Since sellers may not disclose all issues, an inspection is a great chance to discover any potential roadblocks and decide if they will make or break your buying decision.  Knowing the true state of the home can also provide some great bargaining power.

Whether you’re searching for your first home or your thirtieth, our expert team is here to help make your home-buying process as smooth as possible. Contact them for more information today.

Sources:

http://www.trulia.com/pro/buyers/house-hunting-pitfalls-to-help-buyers-avoid/

http://www.forbes.com/sites/learnvest/2013/03/06/the-7-top-home-buying-mistakes-you-should-avoid/

5 Signs You’re Ready to Buy a Home

  • Are you ready to buy a house?

    Are you ready to buy a house?

    View post

For some, home ownership seems to be a natural part of life. After all, many individuals don’t want to rent forever and when the market is right, there are a lot of individuals that jump at the opportunity to make a purchase.

But, how are you supposed to know when it’s the right time to make a purchase versus when it feels right to make a purchase?

Luckily, there are 5 questions you can consider and, depending on the answers, use to guide your decision as to whether home ownership is the right decision for you.

  1. Do my finances support my decision to purchase a home?

No matter how badly you want to be a homeowner, you simply can’t decide to make such a significant purchase if your finances aren’t in order. Of course, feeling financially secure will be different for different people, but you should have enough money for a 10% down payment as well as for mortgage insurance depending upon the amount of your down payment.

If you haven’t saved for a down payment, it’s unlikely that you’re ready to purchase a home. But if you have, you can answer “yes” to this question and continue considering the following questions.

  1. Will I be in this area for awhile?

In the past, staying put for just three to five years was enough to purchase a home. But nowadays, you should want to stay put for at least seven years to consider home ownership.

Primarily, this is because there are a lot of associated costs with purchasing a home including closing on the sale and moving, among others. And, when it comes time to sell your home, you’ll lose even more money.

So, if you aren’t willing to settle down or can’t count on settling down depending on your job and unique situation, it’s probably best not to buy.

  1. What are the standard costs of ownership?

What will you be spending, and how does this break down on a month-by-month basis? The simplest way to determine the standard costs is to calculate your home price minus your down payment into a mortgage calculator.

You can even plug in costs like property taxes and homeowners insurance to get a more accurate picture.

  1. What hidden expenses are there in homeownership?

While most homeowners understand the standard costs they can expect, few understand that there are many hidden expenses as well.

Hidden expenses include everything from homeowner association fees, routine maintenance costs, and significant expenses like a new roof or a new paint job. You can’t plan for all of these costs, so having a comfortable savings account is necessary to ensure that should something arise, you can handle it.

  1. What’s going on in the market in my area?

Even if you’ve answered “yes” or “I’m prepared” to all of the questions above, there’s one more you have to consider: what’s actually happening in the market where you live?

Home prices in some cities are skyrocketing at the moment whereas others are remaining more stable. Meanwhile, those who are renting may experience an increase in their income but in all likelihood, their rent is increasing as well.

Consider the market in your area and by doing so, you can better determine whether or not a home is the right investment at this time.

If You’re Ready to Purchase a Home, United Real Estate Can Help

If you’ve read through this article and are convinced that now is the right time for you to buy a home, the team at United Real Estate can help.

As a national leader in the real estate industry, we have the experience and expertise to assist with all of your needs. Contact us to purchase your dream home, today!

10 Real Estate Terms You Need to Know

  • View post

When it comes to buying and selling homes, part of walking the walk is talking the talk. After all, it will be difficult to search for and land your dream home or sell your current home if you aren’t quite sure what all the terms mean.

Below, we’re going to detail 10 of the most important real estate terms you’ll encounter as you look to buy or sell your home. And by learning them all, you’ll have the tools you’ll need to go through either process with confidence.

  1. Buyer’s Agent vs. Listing Agent

In any home-related deal, there are two agents: the buyer’s agent, who represents the buyer, and the listing agent, who represents the seller. Both will get a percentage of the final sale price of the home as their commission, meaning that you don’t pay your realtor regardless of whether you’re buying or selling.

  1. Fixed Rate vs. Adjustable Rate Mortgages

Many individuals, including you, might need a mortgage to purchase a home. Fixed rate mortgages have a fixed interest rate for the entire loan (which is generally about 30 years) whereas adjustable rate mortgages have variable rates (which are generally 5, 7, or 10 years).

  1. Pre-Approval Letter

If a buyer needs a mortgage, it’s important to seek pre-approval from the bank to determine how much they’ll lend. This will determine which properties buyers can consider and show sellers whether or not a buyer is qualified.

  1. Listings

Homes that are on the market are commonly known as “listings.” Listings will provide vital information about a property such as the price, number of bedrooms and bathrooms, square footage, and other details.

  1. Inspections

After making an offer, it’s essential that a buyer gets an inspection on the home they’re interested in. An inspector will evaluate potential issues like plumbing, electric, heating, appliances, the foundation, and more.

  1. Appraisal

Lenders require property appraisals to determine the home’s value. Typically, appraisals are based on the sale prices of homes that have sold in the area as well as the current condition of the property.

  1. Contingencies

Contingencies are included in offers on a home and specify conditions that must be met in order for the deal to get through. Of course, there are other contingencies as well, including:

  • Financing Contingency – Demonstrates a buyer’s loan approval.
  • Inspection Contingency – Demonstrates inspection results.
  • Appraisal Contingency – Demonstrates the appraised value in comparison to what you’re willing to pay.
  1. Offers

Offers are often made by agents or attorneys to show sellers the potential offers being made by buyers on a property. It’s common for sellers to counter an offer as well.

  1. Closing Costs

There are several fees that come with purchasing a home, commonly known as closing costs. Often, closing costs total 2 to 5% of the purchase price of the home (not including a down payment).

  1. Title Insurance

Once a seller has accepted an offer, buyers should receive a home title report that shows whether or not the seller has rights to the title and there are no liens on a home.

Looking for Assistance in Buying or Selling Your Home?

An agent is an indispensable resource when it comes to buying and selling homes.

And, when you’re looking for more than just terms to negotiate on your dream home or obtain an offer on your current home, United Real Estate can help. Contact us today to get started!

First Time Home Buyer FAQs

  • View post

Buying a home is one of the largest financial decisions most people will make in their lifetime.  Naturally, this means that potential homebuyers are going to have a lot of questions.

This list of FAQs will help prepare you for answering your customers’ most important queries.

Q: What are the most important things to consider when looking at the condition of a home?
A: There are several things to look at when determining whether or not to purchase a home. One is the age of the roof. A roof usually lasts between 15-50 years depending on its materials. Another area to look at is whether the foundation is raised or slab. Newer homes tend to have slab foundations, but a raised foundation makes it easier, and usually cheaper, to access underneath the home to address electrical and plumbing issues.

Q: Do I need an attorney to be involved?
A: It depends on the state. Some states require attorneys to draft a real estate transaction contract or purchase agreement, while others use an escrow company instead. Check with a real estate agent to find out the laws in a specific state.

Q: How do I decide what to offer the seller?
A: How much the seller paid for the home, how much the seller still owes on the home, and how long the home has been on the market are all things to consider when coming up with an offer. In addition to questions about the house, it is important that the buyer asks themselves how much they can feasibly afford and how valuable the house is to them when considering an amount to offer.

Q: Do I need to get a home inspection?
A: While it is typically an additional expense for the buyer, a home inspection will cover the entire house- inside and out- and can prevent costly surprises down the road. At the end of the inspection, a signed report of the findings will be given to the buyer. No other party is entitled to see the report unless the buyer allows them to.

Q: What is a house closing?
A: This refers to the final transfer of ownership from the seller to the buyer. This transaction usually takes place in the office of someone who is licensed in initiating the transaction and purchase agreement such as a real estate lawyer or title officer. The date for closing is set during the negotiation phase and usually takes places several weeks after the buyer’s offer is officially accepted by the seller. There are several fees involved in closing, which can be paid either by the buyer or the seller- depending what they established during negotiation.

Q: Do I need title insurance?
A: Title insurance covers you in case the title search missed something that would make the purchase of the home invalid. While a title search is conducted during the home buying process, there can be things that aren’t caught until after the buyer has moved in, meaning they could potentially lose their house. If this were to happen, the buyer is likely to receive damages if they purchased title insurance at closing. Two title insurance policies are needed- one for the buyer and one for the lender.

This post is provided by our mortgage partner, Supreme Lending, using the following sources: 

http://realestate.findlaw.com/buying-a-home/questions-to-ask-when-buying-a-home.html
http://www.homeclosing101.org/costs.cfm
http://www.zillow.com/home-buying-guide/what-is-title-insurance/