central florida real estate: Are For Sale By Owner Properties a Great Deal (Part Two of Two)?
- 07/14/09 08:05 AM
In my last blog, I discussed For Sale By Owner properties and the issues surrounding purchasing a property directly from a seller as opposed to from a seller's agent. This time, I want to discuss are the issues with pricing a For Sale By Owner property. For Sale By Owner.com's tips for FSBO sellers claims that "over-pricing" is one of the major reasons that these properties don't sell, and suggests that these sellers price their properties 5 to 10 percent above the normal market price. This is not necessarily an attempt to make as much as possible by the seller. Many … (3 comments)
central florida real estate: Are For Sale By Owner Properties a Great Deal (Part One of Two)?
- 07/08/09 04:45 AM
In the any marketplace, most buyers are interested in "a deal" - a good property at a good price. One place that buyers often turn to are "For Sale By Owner" properties. These properties can indeed be a "great deal," but it is important to understand the issues surrounding them before you decide that this is the right kind of property for you. One of the most important facts to consider is that real estate selling agents are legally obligated to make sure that their seller discloses any problems with the property that he knows about. If a seller is found … (2 comments)
central florida real estate: Getting pre-approved for a mortgage puts you in the driver's seat to buy
- 02/13/09 02:38 AM
The Central Florida real estate market is full of great opportunites for the smart homebuyer. If prepared, a buyer is in the driver's seat and can negotiate the lowest price and best terms. Of course, you must do your research and make sure you don't pay too much for a home. But before you spend hours browsing the internet and driving around looking at homes, you must know how much you can afford. Don't get "pre-qualified" online and assume the payment you see on your screen is what your total monthly payment will be. Find a reputable, experienced lender who is … (2 comments)
In my last blog, I discussed For Sale By Owner properties and the issues surrounding purchasing a property directly from a seller as opposed to from a seller's agent.
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