1. By: Jason Arkell-Boles

2. HIDDEN DISASTERS IN HOMES Mold Leaky Drains Old Materials Bad electrical Poorly done renovations Leaky roof Roof that needs to be redone Rodents Bugs Bad neighborhood Crime committed in house Many things that seem little at the time can destroy your house in the future. These “Hidden Disasters” can cost you lots of money in the future

3. HIDDEN DISASTERS IN HOMES CONTINUED Things like mold can slowly rot away your house and cost you thousands in the future. A thing you can do when you find out about mold in a house is to ask the persons realtor to give you a discount so you can afford to repair it.

4. HOME INSPECTIONS Prices How to know if they’re trustworthy How to avoid a scam Things to know about Home Inspectors When getting a home inspector it is important to find the best one at the best price.The more money you spend on a home inspector now the less you will have to spend in the future. Just be sure to find the most skilled person for the job. Could cost you thousands in repairs.

5. HOME INSPECTIONS CONTINUED A home inspection is an objective visual examination of the house looking for things such as mold and leaks. A home inspection is best performed by a professional but you can do it yourself.

6. WHAT IS A MORTGAGE A mortgage is the routine in which you pay for your house When you buy a house you have to get a mortgage broker from the bank to pay for it in full, then you pay off your broker, this is a mortgage

7. WHAT IS A MORTGAGE CONTUNIED When you buy a house you must pay a down payment. A down payment is a certain percentage of your house that you must pay up front usually ranging from 5%-25%

8. WHAT IS A MORTGAGE VIDEO CLICK THIS

9. Mortgage Broker Mortgage brokers are people who help you pay for your house. When you buy a house you will usually work with a mortgage broker Mortgage brokers are people who help you pay for your house. When you buy a house you will usually work with a mortgage broker Mortgage brokers work with the bank When you ask them for a loan to pay for a house the broker takes it from the bank and you pay it off Mortgage brokers work with the bank When you ask them for a loan to pay for a house the broker takes it from the bank and you pay it off

10. Interest Interest is a certain amount of money that the bank adds on to the price of your house when you buy it through a broker Back in the early 90’s the interest rate was up to around 50% this means that if you were to buy a $300,000 house you would pay around $450,000

11. HOW TO MAKE MONEY FROM YOUR HOUSE Your house costs $400,000 and someone buys it, chances are they will try to get a deal and give you a bid on the house for say $375,000. You take that offer and sell your house to them for $375,000 now they have bought the house through the bank so they must pay a mortgage.

12. HOW TO MAKE MONEY FROM YOUR HOUSE CONTUNUED Now the $375,000 that their bank paid for your house gets split up and everyone such as the buyers realtor and the sellers realtor, they are given a commission.

13. Realtors WHAT DO REALTORS DO? They can help with marketing your house such as putting it online or showing it to their other clients looking to buy a house. They can also be a great help when getting your house ready to sell, they can give you tips to make your house ready to sell such as de-personalizing it or doing some repairs. WHAT DO REALTORS DO? They can help with marketing your house such as putting it online or showing it to their other clients looking to buy a house. They can also be a great help when getting your house ready to sell, they can give you tips to make your house ready to sell such as de-personalizing it or doing some repairs.

14. REALTORS CONTINUED They can help you find the perfect house within your budget. They will make sure you’re not moving into a complete disaster due to things such as crime committed in the house. They can also help with negotiations, if you find a house for $500,000 that you really like but your budget is $475,000 a realtor can help you negotiate the house down to the right price. They can help you find the perfect house within your budget. They will make sure you’re not moving into a complete disaster due to things such as crime committed in the house. They can also help with negotiations, if you find a house for $500,000 that you really like but your budget is $475,000 a realtor can help you negotiate the house down to the right price.

15. Selling a House When selling your house you must make the house look intriguing. You need to know what to sell your house for. If you want to buy a house for $400,000 it is best to make your house $425,000. If your house isn't already worth as much as you want do things like add some plants or do some renovations. A good thing to do to your house before you sell it is depersonalize it, this helps people see your house as a blank slate rather than a house that doesn’t fit their personality.

16. BUYING A HOUSE When you buy a house you will get a loan from the bank, this is a mortgage. It is best to look around a lot before you decide on a house, you can always find something better if you look hard enough. Always get a realtor to help you find a house, they will help you find the best deal at the best price.

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