Published on May 11th, 2007 admin
Your search for a new house begins with planning at home. In today’s market, an affordable home is not so much decided by its sale price as it is by the financing which interprets that price into a monthly payment.
How much you can afford to buy depends on two factors: 1. How much you’re able invest in the down payment; and 2. How much you can afford for the monthly housing payment. These payments will include principal and interest on the mortgage loan, and property taxes and insurance (PITI)
Published on May 11th, 2007 admin
Earnest money is a deposit towards the purchase of real estate made by a buyer to demonstrate that he/she is serious (earnest) about wanting to complete the purchase. When a buyer makes an offer to buy residential real estate, he/she generally signs a contract and pays a sum acceptable to the seller by way of earnest money. The amount varies enormously, depending upon local custom and the state of the local market at the time of contract negotiations.
Published on May 11th, 2007 admin
The biggest mistakes to make when selling your home
Unfortunately, hen homeowners are ready to sell their home, they don’t do their research. It’s very likely for your home is your most valuable investment. When you sell it, you’ll want to collect the biggest possible profit. However, when you sell your home, you need to understand the competition. There are other people selling in your area, and just like in any other competition, mistakes can cost you. Here are some common home seller mistakes we can help you avoid:
Published on May 11th, 2007 admin
Basic Steps to Selling your home
Do your research.
Read books on selling your home, go through the real estate section of the local publications and attend some Open Houses in the your area.
Hire a professional.
As neighborhood real estate agents who concentrate on listing in your area, we know what it takes to sell in this market. We welcome your call, questions, and concerns!
Make the price.
Ask your agent for an analysis of the local market and their opinion of the best price range for your home.
