Before you close on your future home, you need to have it inspected by an official home inspector. Here are the things that need to be checked.
Make sure to have the inspector look at the structure of the home. They should be searching for cracks or damage in the foundation, walls, ceilings, and floors.
The inspector should also take a look at the roof of the home. Their assessment will give you a good sense of when you will need to have it replaced.
Internal systems are another important part of the inspection. The inspector should assess the condition of the furnace, air conditioning system, and other appliances.
It's a benefit to have a 401k plan with your employer but it can also be stressful to decide how to best allocate your contributions. Michele Schneider, partner and director of trading research and education with MarketGauge.com, joined Cheddar News to explain which markets are best to invest in, depending on your age demographic.
There is no specific formula or playbook for handling money with your spouse. Is it any different with a second marriage? Kelli Smith, director of financial planning with Edelman Financial Engines, joined Cheddar News to discuss what approach to take with finances with a new partner.