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Whether you are a first time buyer or
an experienced investor, we are here to provide you with
all the information you will need to choose the right
property - from the initial search for a home to making
an offer, negotiating the offer, securing a loan,
moving, and everything in between.
Here are the answers to a few common
questions concerning the purchase of residential real
estate. If your question is not answered here, please
contact us,
and we will help you find the perfect home to meet your
needs and desires.
Why work with one realtor?
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Some buyers believe that
working exclusively with one real estate professional
may prevent them from seeing a property through another
source. This is not true. Most real estate
companies participate in a system called the Multiple
Listing Service (MLS). Through the MLS system,
agents submit information about homes their companies
have listed for sale so that all other agents,
regardless of where they work, have the opportunity to
sell those listings to prospective buyers. That way, you
have the widest possible range of choices. |
What can I do to prepare for buying a home?
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Know where
your down payment cash will come from. If
it's coming from stocks, go ahead and sell
them. If Uncle Fred is kind enough to lend
you money, get it in hand so you are ready
to go.
Getting pre-approved for
a loan will let you know how much you can afford to pay
and make you a better prospect in the seller's eyes,
hence, giving you more negotiating leverage.
Keep an open mind. Look
at different style homes. You will be surprised how
quickly you will know which home best suits your needs.
When you find the home
you can see yourself living in, ask for a market
analysis showing what similar homes in that area have
sold for. This will enable you to make a sensible,
educated offer. |
What are the most important
rules in house hunting?
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Location - Consider
commute time to and from work and the availability of
shopping, schools, churches/synagogues and medical
facilities.
Location - Homes in an
established neighborhood with a good history of resale
are more desirable
Location - Try to avoid homes
that are situated on lots near highways, bypasses or
heavily traveled roads
Location
- Whether or not
you have school-age children, the quality of the public
schools should be considered
While Location, Location,
Location is still at the top of the list, other factors
to consider are style, size and price. |
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