Posted in
Home Buyers
Essential steps every first-time buyer should know
To prepare to own your first home, you should educate yourself about the home buying process. You can take a class or pick up books from the library. Also, read the real estate sections of your newspaper and consumer magazines.
Here are some things you will want to do:
Ask lots of questions
Learn what questions to ask where and when to ask them. When you are interviewing real estate agents your list of questions will be different than those you ask when shopping for a lender.
Posted: May 11th, 2007 at 1:17 pm
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Posted in
Home Sellers
A List of Contract Options To Attract Your Buyers If you’re selling in today’s market, you want to make your house outshine the competition. Buyers are most likely to choose your house if it offers something special. Here are some ways to make sure you land a sale.
1. Offer a warranty.
Purchase a buyer’s home warranty to protect against future problems.
2. Help with closing costs.
Cash-poor buyers concerned more with out-of-pocket costs than monthly payments will especially appreciate this one.
3. Consider financing help.
Provide seller financing or buy down the buyer’s mortgage rate for the first year.
Posted: May 11th, 2007 at 1:23 pm
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Posted in
Home Buyers
Location is the most important factor in selecting a house. Be sure that this is the house you want to buy. Check to location carefully and thoroughly.
Consider destinations
How easy is it to reach those places where family members will go from our new home? How close are the schools, churches, shopping malls, grocery stores, medical care, public transportation, and neighborhood services?
Be sure rooms have a view
What is the view from the house and yard? Is the yard right for your anticipated activities? What uses are possible for nearby undeveloped land? Is road work or construction planned for the near future?
Posted: May 11th, 2007 at 1:26 pm
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Posted in
Home Buyers
It’s good to know what your next step is after finding the house of your dreams.
With your agent’s help, you submit a signed real estate offer to purchase, with the type of financing you’re comfortable with. Read it carefully and make sure you understand every detail prior to signing. This will be the sales contract once the seller accepts and signs the offer. All agreements should be in writing. If you plan to have a lawyer represent or advise you, retain one as early as possible.
Posted: May 11th, 2007 at 1:28 pm
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