the real/estate blog


Buying a rental

Posted in Real Estate by Cesia Green on May 10, 2013
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I have written beforeHot water heater about assuming a hot water heater rental contract with your new house. Today’s question: do you want to?

Before you automatically agree to assume the contract, you might want to take a look at the wording of it. Sometimes it makes more sense to enter into a new contract with a new provider, or to buy a hot water heater rather than renting one. Regardless of what you choose to do, it will be a better choice if it is informed.

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Alarming

Posted in Real Estate by Cesia Green on January 18, 2013
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Many more peoAlarmple these days have alarm systems. These systems, like a hot water heater, are often rentals that are to be assumed by the buyer of the home. Be careful, however: sometimes they have particular rules about assumption, and sometimes the buyer will not want to assume them. When in doubt, spell it out – in writing, in the agreement.