first time home buyer orange park: Binder Deposit Requried? - 02/04/10 06:21 AM
In the state of Florida if a buyer wants to buy a piece of real estate by law, they are not required to put down a binder deposit or earnest money.  Some people think they are required to and that's just not the case.
 There are situations however where the seller will require (or ask) that you put one down or they won't even consider your offer.  This is typical with REO's and foreclosures; this is legal and their choice.
It is not unreasonable to put a binder down as a buyer, since it lets the seller know that you are … (0 comments)

first time home buyer orange park: Real Estate Mythbuster: Cooperating Commissions - 07/23/09 05:59 AM
Many homebuyers do not understand that the sales price on a home already includes the commission.  Working with the listing agent directly doesn't reduce the price.  That commission has already been agreed upon between the seller and the listing agent.  Eliminating a buyer's agent just means a buyer does not have someone looking out for their best interest, and the listing agent gets the entire commission.
It's even more important when purchasing new construction!  The builder has a budget in place that includes paying a real estate commission.  Of course they are more than happy to work with a buyer directly, … (0 comments)

first time home buyer orange park: I love First Time Buyers! - 05/23/09 04:27 AM
I've found that working with first time buyers is one of the most rewarding aspects of being a realtor.  It makes me feel like I'm really making a difference in someone's life, and helping them build a solid future.  Not only is it fun to help people realize that they can afford a home, but it's deeply gratifying to help them understand the process, and use my professional experience to make it an enjoyable experience.
First time buyers are coming out of the wood work!  There are so many great reasons to buy this year, I can't even stand it.  The … (3 comments)

first time home buyer orange park: $8000 Tax Credit Bridge Loans? - 04/20/09 04:31 AM

The $8000 Dollar Tax credit that is available to first time buyers until Dec. 1, 2009 is a great thing... but many of us have asked how does that help people BUY a house right now?
Well, many states are helping us out with that! Colorado, Tennessee, Pennsylvania, Ohio, New Mexica, New Jersey, Delaware, and Idaho have set up short term loans through their housing finance agencies (HFA's) to make that credit available at closing. This will help many borrowers with closing costs and down payment, and could do more to stimulate our housing market than many of the programs … (2 comments)

first time home buyer orange park: The Landry Team....another happy Oakleaf Plantation resident! - 03/03/09 06:42 AM


     

 
 
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