|
|
|
Condominiums – Disadvantages Of Ownership
Purchasing a new residence involves many issues and condos may be on your radar. Before you buy, keep in mind there are disadvantages to condominium ownership.
Condominiums – Disadvantages
Condominiums are simply a collection of units in a...
Profit From The Real Estate Bubble: Invest In Foreclosures
How To Buy Foreclosure
There may be only one slogan for people interested in real estate investments. “Buy on time, buy quick”. This is how to buy foreclosure. Real estate investment is about being smart and taking opportunities as they fall.
...
Real Estate Marketing Mistakes And How To Avoid Them
The fundamentals of real estate marketing
Before we go into the best practices of a personal marketing program, it would be a good idea to touch on the key elements that make up such a program. Call it "Personal Marketing in a Nutshell."
...
Sprucing Up Your Yard And Garden To Sell
If you are thinking of selling your home, the best way to raise the value of your property is to fix the place up! Whether it be new landscaping, a new front door, remodeling the kitchen or bathroom, or building a fence, every dollar that you put...
Weak Dollar Is A Huge Draw For Foreign Investors In Us Real Estate
The weak US dollar has been good news for real estate. Taking advantage of the favorable conversion rates, foreign investors are eagerly picking up real estate in major cities across the US. Who is buying and where are they investing?
WHO IS...
|
|
| |
|
|
|
|
|
|
How To Find A Real Estate Agent
You may be of the opinion that you don’t need a real estate agent and that using one will add to the cost of buying your new home.
The fact is that a real estate agent’s fees are typically paid by the seller of the home. So, as a buyer, you can get the services of a professional real estate agent without having to directly pay for it. Please confirm this in any paperwork or contracts that a real estate agent may provide because policies vary greatly by state and company. Be sure to ask about fees when you interview agents.
Most real estate agents may work with buyers and sellers but often they specialize in working with one or the other. Make sure the agent that you choose has experience working with buyers and with no down payment transactions.
Be careful if you are speaking with a real estate agent and they don’t seem to recognize terms like “Down Payment Assistance Program”.
Start making a list of possible real estate agents to interview with referrals from your lender, friends and family.
A referral from the lender is great because you get the services from people that have worked together in the past and are already familiar with each other's systems. This can help prevent any last minute surprises or obstacles.
Questions to ask while you are interviewing real estate agents:
Please explain your fees.
Are you familiar with any no down
payment financing programs?
Have you been involved with no down payment buyers in the past?
Would you mind providing sample contracts so I may review them?
Does it clearly state in the contract who will be paying your fees?
How long have you been a real estate agent?
Do you mostly work with buyers or sellers?
I’m looking for a home in the areas of ______. How familiar are you with those areas?
What specific steps would you take to help me find the home I am looking for?
You should also try to get an idea of these factors while you are speaking with the agent.
- Does this person have good negotiating skills?
- Do you feel this agent is trying to understand your situation so that they can properly
represent you to sellers?
- How much knowledge does the agent have about mortgage markets?
About the Author: Do you need business or finance information? Visit "Business Finance information", FREE web site for those who want to learn how to achieve success in business and finance.
http://www.business-finance-site.com
Source: www.isnare.com
|
|
|
|
|
|
