All posts categorized under ‘For Home Buyers’

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Short Sales

Posted on February 27th, 2010 by Richard. Categories: For Home Buyers, For Home Sellers.

Everyone has probably heard the term “Short Sale” in the last few years. You’d think that those kind of sales are commonplace, but that type of transaction is probably one of the toughest deals to put together if you want to buy or sell a home. Unlike a REO or bank owned property which is a property that has actually gone through foreclosure with the bank emerging as the actual

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First-time Home Buyer Mistakes

Posted on February 2nd, 2010 by Richard. Categories: For Home Buyers.

I saw a list recently on a National Association of Realtors website stating what real estate experts consider to be the most common mistakes that first-time home buyers make. According to this list they are: (1) They don’t act quickly enough to make a decision and someone else buys the house. (2) They don’t do enough to make their offer look appealing to a seller. (3) They don’t think about resale before they buy. (4)

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Earnest Money

Posted on December 8th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

When an offer is made by a Buyer on a property, it may take a counter offer or two or more sometimes before the Buyer and Seller agree on all terms of the Purchase Agreement. But upon acceptance, the Buyer must deliver an earnest money check from them immediately, usually by their agent, made payable to the Broker who has the home listed. The purpose of earnest money is just what the name

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Home Buyer’s Tax Credit

Posted on November 23rd, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

There was a lot of speculation as to whether the First Time Home Buyer’s Tax Credit initiated this year would be extended. It took a while for Congress to make up it’s mind, but the credit is not only extended, it is expanded now to include current homeowners as well who are looking to buy another home. There are of course some conditions and prerequisites in order to qualify, but the vast

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Home Warranty

Posted on November 2nd, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

One of the things that I almost always recommend that  Buyer ask for when they make an offer on a home is for the Seller to provide a Home Warranty. Unless the home is just newly built and therefore covered by the builder or manufacturers warranties for major components, then it makes sense to have a home warranty policy to provide peace of mind and protection against a costly repair. A Home Warranty

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The Sky Is Not Falling

Posted on September 15th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers.

It shouldn’t surprise me by now but it still does. The power of suggestion coupled with the choke-hold that the media has on the public collective consciousness. This rings true on just about any topic…but of course I’m a little more focused on real estate than other areas of discussion. The sky is NOT falling. I’m wondering what it will take to convince some people of that? The market is OK and getting

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Buying a Home…Emotion or Logic?

Posted on September 1st, 2009 by Richard. Categories: For Home Buyers.

I’ve been showing homes to two different buyer-clients lately who are looking for a home in the same general price range. The homes description and areas they are looking in are different. But what’s most interesting to me though is the way they proceed in the looking process. Both have a totally different mindset and they couldn’t be more different in their approach.

One is all about the emotional elements that a home provides. One that gives them the feeling