Homebuyer Beware: Due Diligence Can Save You From Despair
June 5, 2015
in Home Buying Guide | Tagged due diligence, HOA dues, homebuyers, mineral rights, real estateCaveat emptor: Let the buyer beware. Sure, we’ve all heard it before and we know what it means. Sadly, many don’t pay heed. There is an investment rule that all homebuyers should learn about called “due diligence.” Investopedia defines due diligence as “an investigation or audit of a potential investment,” and notes that “generally, due […]
The 6 (Not-So-Simple) Steps to Securing a Home Loan
February 27, 2015
in Home Buying Guide | Tagged application, approval, closing, home loan, homebuyers, lender, mortgageFrom the word “mortgage” to the methods used by lenders to determine how much to loan, the home loan process can be confusing to first timers. In fact, one third of the respondents to a 2011 Wall Street Journal survey of homebuyers said that the most difficult part of buying a home was understanding the […]
Buyers Beware: 3 Points to Ponder About a Home’s Location
December 19, 2014
in Home Buying Guide | Tagged buyers, homebuyers, neighborhood, real estate, school district, vacant parcelsWhen buyers are on the hunt for a new home, they’re usually very focused on one thing: the house. Blinders can get even worse if they fall in love with one, and the thought process becomes akin to one of those romantic photos with fuzzy edges—the only thing in focus is the house. What those […]
Avoid These 5 First-Time Homebuyer Mistakes
August 29, 2014
in Home Buying Guide | Tagged credit, home buying, homebuyers, inspection, real estateAccording to the dictionary, a mistake is an error resulting from deficient knowledge or carelessness. While we can’t do anything about carelessness, when it comes to counseling first-time homebuyers, it’s up to the real estate agent to cure any deficiency in knowledge. That homebuyers lack knowledge about the process only makes sense when you understand […]
- Fact #1
Typical national real estate web sites may only cover 20% of what is for sale in a particular location and many display homes already sold.
- Fact #2
Only a broker or agent affiliated sites can give you the most up-to-date home listings.
- Fact #3
You can see all the listings that real estate agents see by searching locally on a broker or agent site.
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