buyer broker: National Association of Exclusive Buyer Agents Press Release
- 01/01/10 07:18 AM
National Association of Exclusive Buyer Agents Press Release Here is an excerpt from the latest NAEBA press release that I found very insightful. Pay close attention to the statistics on appreciation and foreclosures. Working with an EBA offers more than a dedicated representative. Data validates that buyers actually get better results. An EBA promises to work toward a better price and terms for buyers. A study conducted by Chandler & Chandler confirms that property purchased through an alliance with an EBA shows a 67% greater appreciation in value. Additionally, a survey conducted by the National Association of Exclusive Buyers Agents (NAEBA) found (2 comments)
buyer broker: 25 common mistakes Home buyers make. Mistake #1
- 02/01/09 01:49 PM
1. Seeking a Loan without Pre-qualificationNot being pre-approved prior to shopping for a home is the number one cause of headaches and delayed closings. When shopping for a loan you have two options; to get a pre-approval or to simply pre-qualify. Pre-approval and pre-qualification are two different things. During the pre-qualification process, a loan officer asks you a few questions and provides you a "pre-qual" letter in good faith, based on the unverifiedinformation you provided. This pre-qualification is 100% contingent on the information you provided being accurate; and is therefore unreliable as a true measure of your borrowing capability. The pre-approval (0 comments)