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Buying a Short Sale Property
Homebuyers looking for a deal will likely come across a short sale property during their search for a home at some point. If you ever spot a listing price that seems too good to be true, call your agent and find out if it's a short sale. Here are the things you need to know about a short sale property. |
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4 Tips for Managing Your Budget
Whether you're saving for a wedding, a purchase of a new car, a down payment on a house, or to finance a family vacation, you can certainly go the old route of putting your loose change in a piggy bank. But for a bigger payoff, here are 4 effective tips to help you save money: |
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How to Buy a House: Homebuyer's Checklist
The purchase of a home is one of the single largest purchases an average person makes in their lifetime. Some only do it once, some go on to invest in many homes. Regardless of which one you are, here are the 5 Essential things to consider as a Homebuyer that we call our Homebuyer's Checklist. |
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What is Escrow?
'Escrow' refers to the money that is held by a neutral third party when a transaction is made between the buyer and seller. The role of the escrow agent is the carry out the instructions of both parties, the borrower and the lender, and the money is released when the arrangements are met. |
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Benefits of a Comparative Market Analysis (CMA)
Whether you're searching for a home to buy, or placing your property up for sale, a Comparative Market Analysis is a key asset in determining whether you have a successful and informed transaction. But what exactly is a CMA? |
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Valuations And What They Mean
Whether you are a real estate buyer, seller, or investor, valuations of property are an essential element of any potential real estate transaction. They help measure, through different perspectives, the value of the property as it relates to your intended plans for the property itself. Here are several kinds of Values that you should know about. |
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What is a Short Sale?
What is a Short Sale? One way to describe a short sale is, when a homeowner is "under water", and, for various financial reasons, is unable to keep up with mortgage payments, causing them to default on the loan. To mitigate damages, the lender puts the property up for less than what is owed on it by "short sale" in hopes to find another mortgagee to take over the property. |
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Closing the Deal
You did all your homework, and aligned with all the right professionals. You found the home of your dreams, made an offer and sweated out the back and forth negotiations. And now, finally - finally! - your offer has been accepted. Congrats! But through your jubilation, keep in mind there are still potential pitfalls related to the closing process. |
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The Art of Negotiating
You've partnered with an agent, shopped for a lender, viewed home after home, and finally identified the house of your dreams. Now it's time to make an offer for it. |
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What Does a Buyer's Agent Do?
The process of buying a home can bring about a dizzying array of contracts, home tours, and haggling. The experience can be daunting even for those who have purchased a home before. A buying agent can ease that stress by walking you through the home buying process. |
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