Tom and Kat's Blog
Statistics vary, but according to two credible sources, 44% of Americans own a dog. That means that if you don't own a dog, there's a strong chance one or both of your next door neighbors do!
Why are dogs such a permanent fixture in so many households? Unconditional love is probably the number one reason most people bring a dog into their lives, but enhanced health, home security, and companionship are others.
Health benefits: If you have a dog in your family, you probably already know the power of the "w" word. From a dog's perspective, there are few experiences that outrank the joy of going for a walk with their master! It not only provides a daily bonding experience for both dog and owner, but it's also an opportunity to introduce a moderate amount of exercise into your life -- assuming your doctor approves! While running, athletics, or weight training is not up everyone's alley (or even medically advisable), taking a leisurely stroll in the neighborhood can be a great way to stretch your legs, get some fresh air, and enjoy bonding moments with your four-legged companion! It's also a proven fact that petting or playing with a dog (or cat) can help lower your blood pressure and distract you from the cares and worries of everyday life.
Teaching moments: Not only do most kids love playing with pets, but they can also benefit from learning pet responsibility, kindness, and compassion.
Home security: While it's not an infallible method of burglarproofing your house, having a dog almost always serves as a deterrent. Most dogs are inherently protective of their territory (and loved ones) and will generally bark if they sense an intruder on the property or at the front door. Since one of the last things burglars want to do is call attention to themselves, a barking dog can definitely help keep the bad guys away!
Companionship: Dogs aren't the greatest conversationalists in the world, but they can be a very comforting presence when you're reading a book, watching TV, or relaxing at home. Many also love to join you for a ride in the car, a walk in the neighborhood, or a run in the park.
While dog ownership is not for everyone, more than 40% of us could not imagine life without our canine companion(s)! They do require a lot of attention, patience, and training, but the rewards are usually well worth the effort.
If you're considering getting a dog, you can gather a lot of helpful information about dog breeds, barking tendencies, temperament, shedding, how much exercise different breeds require, and other characteristics from the American Kennel Association. To help ensure a mutually satisfying relationship between you and your dog, it also pays to sign up for a dog obedience class and go online to learn about dog behavior, crate training, and health maintenance.
Contingencies on a contract to buy a home are there to protect both the buyer and the seller. The contingencies give the buyer the right to back out of the contract if any of these contingencies aren’t met. There are many reasons that buyers back out of deals including financial issues and problems with the home. Below, you’ll find a break down of some of the most common contingencies and what they mean for you as a buyer or a seller.
Most home contracts come with what’s called a financing contingency. This gives you the ability to walk away from a deal if the financing falls through when trying to buy a home. Usually this is due to a credit reason or some other financial reason. You can’t rely on financial cracks to help you to back out of a deal on a home. Lenders will only deny a loan for real financial reasons. There’s no way to ask a lender to lie for you so you can get out of buying a home! This is why you need to make your decision about a home purchase wisely.
This gives the buyer the right to have an inspection on the home within a certain time frame which is usually 5-7 days. If something is really off with the inspection that you as a buyer don’t feel comfortable with, you have the right to back out of a deal without repercussions. While seller disclosures are important, the seller can’t disclose what they don’t know about. That’s why the home inspection is so important. The seller’s disclosure cannot protect you from hidden damages that may cost half of a home’s worth to repair.
If homes are selling fast and you want some secure way to back out of a deal you should consider an appraisal contingency. If the home you want to purchase doesn’t appraise at a price high enough to meet your mortgage requirements, you have a legal way to back out of the deal. For example, if you put down 20 percent of the purchase price of a home and the home doesn't appraise for the value of that purchase price, you’d need to come up with the remainder of the money in cash. An appraisal contingency protects you from having to face this. You’ll still need to have a home inspection done on the home to search for any problems, but an appraisal contingency protects you from any problems with financing and your own disposable amount of cash that could arise due to a home appraising low.
While contingencies aren’t necessary as a homebuyer, they’re highly recommended. Without contingencies, you could be left with a number of expenses such as damages that are extremely costly to fix.