When buying a home, many people do not realize they will be responsible for the downpayment on a home AND for closing cost. Closing cost consist of several fees associated with the the purchase of a home that can range from 2-7% of the price of a home.
FEMA today (Dec 27, 2018) notified insurers that they would not be able to sell or renew flood insurance policies under the National Flood Insurance Program (NFIP) during the partial government shutdown.
All homes in North Carolina are sold AS-IS, yet many buyers and sellers are unaware of the clause in Realtor contracts. When purchasing a home make sure you understand, Due Diligence and its role in buying or selling a home