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If you are buying a home for the first time, you might not be aware that you need to put down a deposit when you make your offer as a sign of your seriousness. While this good-faith gesture portrays your intention to purchase the home, it also comes with the risk that you can lose this money if you decide not to follow through with your offer to buy. If you do decide to purchase the home, your escrow funds become part of your down payment.

Once your money is in escrow, you cannot get it back unless the seller agrees to let you do so. This means that in many cases, the money won’t be returned to you if you decide not to make the purchase, unless you’ve arranged one of the following three contingencies ahead of time.

1. Do Your Research before You Place the Offer

Typically, the seller must disclose existing problems with the property. Some of these disclosures might be directly connected to the house, while others might arise from the property’s location. For example, structural changes that do not meet state or local codes will require modification until they do. These changes might end up costing you thousands of additional dollars. Likewise, the presence of noisy or argumentative neighbors, particularly those individuals who dispute property lines, could be reason enough to look at a different home.

Read through the list of disclosures before you disclose your intention to buy the property if you live in a state that requires their submission prior to a formal offer. Get the answers to any questions you might have before you make the offer and include a contingency that you get the escrow deposit refunded if the sellers were not completely honest in their disclosures.

2. Link Your Escrow to Mortgage Approval

While it makes perfect sense that you should receive your escrow deposit back if you do not obtain the approval to borrow money, you should make sure that this contingency is listed along with your offer. If the unexpected happens and the bank, credit union, or mortgage lender denies your request for a loan, you should be entitled to get your escrow deposit back. Make sure this option is listed in any documentation that you sign.

3. Link Your Escrow to a Home Inspection

Ask your real estate agent to include a contingency that you receive your escrow deposit back if any expensive problems are discovered during the home inspection. Areas to focus on include the roof, heating and cooling systems, plumbing, electrical system, and foundation of the home. Minor problems shouldn’t be a concern, but anything major should deter you from the buying the home unless you can afford the added expense to remedy problems.

The size of your escrow deposit depends on your state’s regulations regarding this aspect of a home sale. However, even if the amount you must put down with your offer is only three percent of the purchase price, you will want the money back if you decide not to go forward with the purchase. Take a few moments to ensure this option is possible so that you don’t lose your hard-earned money.

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Natural Products for Moisturizing African-American Hair

The search for all-natural, quality products that moisturize African-American hair may seem to be one that is never-ending. Many products are advertised as being natural and having moisturizing effects, when in fact, they cause more dryness and contain a huge list of synthetic chemicals. However, among the many choices are some natural products that actually work well in the battle against chronic dryness.

One of the best natural products for hair is vegetable glycerin. This substance is a derivative of plant oils. It is used as a sweetener and is present in numerous skin creams, soaps, lotions and hair products. When applied to hair, it acts as a humectant that absorbs water from its surroundings. When combined with water, vegetable glycerin does an excellent job of conditioning and moisturizing dry hair. It is also helpful in alleviating dry scalp and defines curls like no other product. To use this versatile material, mix it in a spray bottle with water and essential oils or conditioner.

For generations, people from different corners of the world have used coconut oil to maintain healthy hair. This oil is composed of small molecules and fatty acids that penetrate the hair shaft. It is also excellent for controlling dandruff and retaining high levels of moisture. To use this product on hair, apply it to the scalp and hair in small amounts. In addition, it is best to use pure, organic coconut oil instead of a hybrid product that is mixed with petroleum.

Argan oil has been used by the Moroccan people for hundreds of years. It is revered for its rich vitamin and fatty acid content. This oil is used in a wide array of cosmetic products and medicinal preparations. It comes from the argan tree that is native to Morocco and is traditionally used in cooking. In recent years, this product has become very popular in Western cultures. As a result, both the demand and price tag have risen. Despite its unappealing price, it is one natural hair care product that is worth the money. When applied to hair in small amounts, it is absorbed instantly to leave a silky finish.

Natural hair care products are ideal for nourishing and moisturizing African-American coils. They provide a host of benefits without the harmful effects caused by toxic chemicals. There is no single product that works for everyone, so if one natural product does not suit your needs, try the next.


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