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Buying A House In 2023: A Step-By-Step Guide

Savings Corner

Get a home inspection A home inspection provides an overall picture of the property’s condition and any mechanical or structural issues it might have. Negotiate repairs and credits Your home inspection may reveal a few issues, especially if it’s an older home. Some sellers won’t agree to extensive repairs. The average is $342.

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Mortgage Refinancing: What Is It And How Does It Work?

Savings Corner

Let the lender or appraiser know of improvements, additions or major repairs you’ve made since purchasing your home. Most refinances won’t affect your property taxes, but completing a remodel with a cash-out refinance can increase your home’s value — which could mean a higher tax bill.