Category: Home Buying
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How To manage buying or selling a home
The goal of this website is educating you about how to manage buying or selling a home. As a buyer, you might say to yourself, “What is the big deal? Let us jump in the car and start looking. It is pretty easy”. If you are a seller, you may say, ” I will call…
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Should I Own A Home?
Should I own a home? We are fortunate because the dream of someday owning a home is a reality in our country. Home ownership is a solid symbol of our free enterprise system and is one of our greatest rights as U.S. citizens. It offers some income tax advantages and is often viewed as a…
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The real estate agent working environment
Understanding the real estate agent working environment Your success with your real estate experience is in direct proportion to what you know about real estate. This short primer will help you better understand the agent and their playing field. Here are some facts to help shape your perspective. The more you know, the better your…
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How To Choose A Home Builder
Before You Begin Your Builder Search Just as with buying or selling an existing home, building a new home can be a complicated process. Fortunately, there are steps one can take to avoid costly problems and unsatisfactory results. At the same time you can provide more input to achieve the outcome you want. First, as…
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What Is A Real Estate Transferee?
A Family Moving For An Employer A transferee is an individual whose employer has asked them to relocate. Companies relocate employees for a wide variety of business reasons. In many cases, these new assignments are long term and require that the entire family’s participation in the relocation. Typically, the employee sells their home in the…
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Mortgage loan pre-approval
A mortgage loan pre-approval from a lender has gained more importance in real estate transactions than ever before. Mortgage lending has been affected the past several years with a heightened level of regulation in an attempt to prevent the types of abuses they believe created the real estate meltdown that began around 2008. Appraisal restrictions,…
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8 tips to find the right home mortgage
Find the money first Shopping at a price point over your maximum loan qualification is just one reason the importance of mortgage pre-approval is not taken for granted. Critical first step Even before you start looking for a home, have a mortgage loan officer pre-approve you. It is a critical first step. Here are the…
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Finding the right real estate agent
Which Agent Will It Be? Finding the right real estate agent can make the difference in the quality of the experience. Because searching for a home, or selling a home, may be the largest single financial decision you make, interviewing three agents is a wise exercise for you to undertake. If you had been attending…
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Viewing a potential new home, smartly…
…Smartly Experience has proven that the more you know about viewing a home smartly, the better chance you have of making the right decisions when you are ready to make an offer on one. This prior knowledge can help save you time and result in a successful transaction for both you and the seller. Ready,…
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Real estate negotiation for home buyers
Negotiations Are An Important Key So many times I have seen ego, misinformation or just downright stubbornness cost a sale unnecessarily. In most cases, one or both of the parties were not willing to consider the concern or objection of the other party. Many critical concerns will be discussed and decided upon during the real…
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The Rules Of The Real Estate Game
What You Do Not Know Can Hurt You Most of us coming into the real estate market today are searching for information. We tend to look for information about homes, neighborhoods and financing. Consumers do not always ask the right questions because they do not know which questions to ask. Conversely, agents do not realize…
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The pros and cons of housing lifestyles
The pros and cons of housing lifestyles The pros and cons of housing are sometimes overlooked. People sometimes begin the home buying process without thinking about or reviewing their preferences or circumstances. If they have lived in a particular type of home all their life, other options are not “top of mind” at an important…
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Fair Housing Law
The Law Says.. Federal law requires that all people be treated equally and prohibits discrimination in the housing industry throughout the United States. The law also applies to mortgages, insurance and rental housing. The Federal Fair Housing Law makes discrimination illegal against individuals based on their sex, age, race, color, sexual orientation, religion, national origin,…
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Home Buying Contingencies
What are home buying contingencies? Home buying contingencies are contractual requirements regarding fundamental aspects of the transaction upon which settling the contract is dependent. Because a home is an expensive and complex structure, it is often difficult or costly to address all issues prior to agreeing on the terms of a purchase or sale. The real…
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Home Inspections
A Great Tool For Buyers And Sellers The question of whether or not to have an inspection should actually not be a question at all. One of the most common complaints against home sellers is in the area of condition, specifically disclosure of the condition. A home inspection is a valuable tool in determining and…