realtor: 1 Of 5 Secrets to Buying the Best House for Your Money
- 06/20/08 07:08 AM
1. Get "Pre-Approved" - Not "Pre-Qualified!" Do you want to get the best property you can for the least amount of money? Then make sure you are in the strongest negotiating position possible. Price is only one element in the negotiations, and not necessarily the most important one. Often other terms, such as the strength of the buyer or the length of escrow, are critical to a seller. In years past, I always recommended that buyers get "pre-qualified" by a lender. This means that you spend a few minutes on the phone with a lender who asks you a few (1 comments)
realtor: Buying Tips
- 06/20/08 04:31 AM
If you have to resell soon, don't buy an unusual home.Even if the quality of a school district doesn'' matter to you now, remember it might someday to another buyer. Expect lower maintenance costs with a brand-new home. Never tell a sellers broker how much you'll raise your offer for a particular house. When interest rates are low opt for a fixed mortgage. Pay attention to floor plans. Changing layouts of rooms later, can be costly. You can deduct on that years tax return points paid by either party on the purchase of your own residence. If the present owner has (0 comments)