exclusive buyer broker: National Association of Exclusive Buyer Agents Press Release - 01/01/10 03:18 PM
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)

exclusive buyer broker: New RESPA rules take effect January 1st - 12/23/09 03:40 PM
New RESPA rules take effect January 1st RESPA (Real Estate Settlement Procedures Act) is a consumer protection statute that is designed to aid homebuyers during the home buying process and help them become better shoppers while protecting them at the same time. It outlaws things like “kickbacks” that would increase the overall cost in buying a home.
The revamped act will take effect Jan 1st, 2010 and is supposed to make it easier for home buyers to understand what is going on at closing. In my opinion more regulation and paperwork is not going to fix the already overcomplicated process. What … (4 comments)

exclusive buyer broker: 25 Biggest Mistakes - Mistake #8 - Waiting for a better market or interest rates. - 03/01/09 05:37 PM
We are in historic low times for interest rates. There have been few if any markets that were this attractive to buyers in terms of both selection and housing prices.
Warren Buffett says “the rear view mirror is always clearer than the windshield.”.
And if you are a first time buyer add together great selection, low interest rates, lower housing prices, and the new $8,000 tax credit available for homes purchased after Jan 1st, 2009 and before Dec 1st, 2009 it all adds up to a great time to get off the sidelines and see if its your time to buy!
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exclusive buyer broker: 25 Biggest Mistakes - Buying more home than you can afford. Mistake #6 - 02/18/09 10:48 PM
There is a rule of thumb that says you should not buy a home that costs you more per month that 20 to 25% of your take home pay. We rarely see anyone following that rule of thumb today.Too many consumers are buying homes that take a large part of their monthly income. This leaves little room in their finances for emergencies, furniture, vacations, investing, etc. With the past relaxed lending requirements, people were buying way more home than what they could realistically afford. If you go down this road, chances are that you’ll grow to hate this home. You should … (0 comments)

 

Chris Whitehead

Bath, OH

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