How To Buy A Home Essays - Real Estate, Mortgage Loan, Free Essays

How To Buy A Home Essays - Real Estate, Mortgage Loan, Free Essays How To Buy A Home Buying Real Estate Prepare Like so many things in life, when it comes to buying Real Estate, proper preparation is one of the keys to success. Don't want to find yourself in a neighborhood you don't like? Don't want to be making mortgage payments on a house in which you are uncomfortable? Don't want to waste your time falling in love with houses you can't afford? In a word, prepare! One of your most important tasks will be determining your needs. It can help to avoid either a nasty disappointment or the pain of buying more house than you need (or can afford). Distinguishing needs from wants will go a long way in preventing expensive mistakes in the house buying process. Establish some basic parameters and stick to them. When house hunting, it is easy to get swayed by the emotion of the momentand end up with more house than will be financially comfortable. Do your mortgage investigation early. Odds are strong that you will be working with Real Estate Agents when you buy a house. Before you go on a house search, familiarize yourself with how Agents work and most importantly, who they represent. Thousands of buyers have made the huge mistake of assuming that the Agent with whom they were working represented them in the transaction, when, in reality, the Agent represented the seller. Determining Needs Want to save a lot of aggravation and possibly a great deal of money when you buy a house? Spend a few hours determining precisely what your needs are before you begin your house search. Examples of NEEDS Examples of WANTS Enough square footage for comfortable living Carpeting color, paint color, exterior color, roof color, etc. Enough bedrooms to accommodate your family Pool or Jacuzzi (unless for medical reasons) Adequate number of bathrooms Wood floors Eat-in kitchen Bay windows Garage or basement for storage needs Built-in entertainment center Lot size to accommodate children's play area Brass lighting fixtures Adaptation for Handicapped Skylights Proximity to a specific school A pretty view Gameplan If you haven't already done so, investigate your housing needs and wants to determine what types of houses you should be considering. Learn who The Players are in a Real Estate transaction so that you will know who is responsible for what. Get your financial picture in focus as soon as possible. Get a copy of your Credit Report to see if there are problems or disrepencies that you need to deal with. Familiarize yourself with the mortgage process. Get Pre-Qualified from a Mortgage Lender. Do this first. Your Agent will need your mortgage qualification, and it will significantly strengthen your offer when you find a home. At LendingTree, you can submit a quick application, and within 2 business days get up to 4 offers from lenders so that you can compare terms and rates. Find an Agent that you trust. It is important to do this before you go rushing off looking for homes or you may end up with no representation. See the Agent Representation section for an important discussion regarding who represents whom. When you find an acceptable house, write a contract. Negotiate your best deal. Make a formal loan application. Arrange for home inspection. Arrange for closing agent or attorney. Make moving plansfor an innovative and money-saving approach to moving, click here. Secure final loan approval and commitment from the lending institution. Do a final walk through of the house. Final closing and settlement. Move to your new home and begin enjoying it!! The Players Real Estate is never bought and sold on your own The vast majority of home buyers enlist the services of a Real Estate Agent, a Lender, a Professional Home Inspector, and a Closing Attorney or Escrow Agent. Knowing what each is responsible for will help your understanding of the process and eliminate confusion as you proceed. Sellers: Familiarize yourself with seller motivations and psychology. Real Estate Agents: An Agent may or may not be your representative. an Agent will arrange to show you houses that are available through a Multiple Listing Service. Without the use of an Agent, you will be limited only to those houses that are For Sale By Owner. The Agent will coordinate the offer, negotiations and the contract of sale. Lenders: A broad term that refers to the person originating the loan to

A Beginners Guide Tenses of Latin Verbs

A Beginner's Guide Tenses of Latin Verbs Latin is an inflected language  where the verbs include a lot of information about the sentence. Sometimes the verb is the only word in the sentence. Even without a noun or pronoun, a Latin verb can tell you who/what the subject is. It can also tell you the time frame, interval, or tense. When you parse a Latin verb, you deconstruct these and other facets of the Latin. When you parse a Latin verb, you list the following: Meaning/translationPersonNumberMoodVoice (active/passive)Tense/aspect Tense, as mentioned, refers to time. In Latin, there are 3 simple and 3 perfect tenses, a total of 6, and they come in both active and passive forms. Moods in Different Tenses The Indicative Mood is the most common and thats what this page is about. You need to make note of the mood when parsing a verb. Most statement sentences use the indicative. In English, we generally contrast indicative with conditional sentences, although English has the Latin moods (Indicative, Subjunctive*, and Imperative**). Present Tense The first of the simple tenses in the Indicative Mood is the present tense. The present tense in the Indicative Mood has both Active and Passive voices. The present tense shows action that is happening now. I walk - ambulo Latin Imperfect Tense The next tense is the imperfect, which conveys incompleted action in the past. Imperfect means incomplete or unfinished. When translating an imperfect verb, the simple past tense sometimes works. Other times, was plus an -ing ending on the verb or used to plus the verb will convey the incompleted past action. I was walking - ambulabam The imperfect tense in Latin is used for both continuous and habitual actions in the past. Latin Future Tense The third tense is the future tense. A verb in the future tense conveys an action that will happen in the future. The customary auxiliary verb denoting the future tense is will. He will walk - ambulabit The 1st person singular future ambulabo is translated I shall walk technically. Most people in the U.S., if not in the rest of the anglophone world, would say I will walk. The same is true of the 1st person plural ambulabimus: technically, its we shall walk, but in custom, its we will walk. In the second and third person, its just will without qualification. Latin Verb Endings Active Singular -o, -m-s-t Active Plural -mus-tis-nt Passive Singular -or, -r-ris-tur Passive Plural -mur-mini-ntur Perfect Active Endings Singular   -i-isti-it Plural -imus-istis-erunt (sometimes -ere) Past Tenses Past or perfected tenses are used for completed actions. There are 3 such tenses: Perfect,PluperfectFuture perfect. Latin (Past) Perfect Tense Generally simply called the perfect tense, this tense refers to an action that has been completed. Either a simple past tense ending (e.g., -ed) or the auxiliary verb have conveys the perfect tense. I walked - ambulavi You may also translate it: I have walked. Latin Pluperfect Tense A verb is in the pluperfect tense if it was completed prior to another. Usually the auxiliary verb had signifies a pluperfect verb. I had walked - ambulaveram Latin Future Perfect Tense Future perfect is used to convey an action that will have been completed prior to something else. Will have are the customary auxiliary verbs. I will have walked - ambulavero *  More advanced:  In the Subjunctive Mood, there are 4 tenses, both active and passive: Present,Imperfect,Perfect, andPluperfect. ** There is ordinarily one Latin tense in the Imperative Mood, with both active and passive forms.