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When considering offers, take into account more than just the price of the house. Your house has been on the market and now you have an offer. What should you consider when deciding whether to accept, reject, or counter? First, remember that the offer is not just about a price for your house. The potential...
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A lot of things can go wrong when you're putting in an offer on a home. Learn how to avoid them with the following list of common purchase-offer mistakes. House hunting can be exciting and fun, but once you’ve found the home you want to buy, your next step should be all business. Making a purchase...
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It takes a keen understanding of the home-buying process to be good at negotiating. Be sure you have it down before you make any offers on homes Be sure you have the process down before you make any offers on homes . Here are tools and information the best negotiators use: CMAs — Comparable market...
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Both sides want to win, so don't get too greedy Unreasonable expectations can ruin all kinds of relationships, including ones between prospective home buyers and sellers. That’s the word from real estate professionals who have watched deals fall through because one side or the other made unrealistic...
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It's a strategy you may want to consider if it's important that you sell quickly. You may be wondering why on earth you would want to do such a strange thing. But a home auction doesn’t involve a lot of people standing around on your front lawn bidding on your house and contents, urged...
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1. Arrange financing before you make an offer. Increase your chances of buying the home you want by getting pre-approved for a mortgage and waiving financing as a condition on your offer to purchase. In a competitive market, sellers have been known to ignore an offer that is conditional on obtaining...
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EDITOR'S NOTE: With foreclosure properties still dominating the housing landscape in the U.S., we've asked our friends at RealtyTrac® to guest author some articles to shed light on the foreclosure crisis. RealtyTrac is the most trusted source of foreclosure information in the country. We...
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Purchasing a home in foreclosure isn't always a bargain. Make sure you understand the process and the potential risks involved. A recent increase in the number of homeowners defaulting on their mortgage payments has caused a corresponding spike in foreclosure rates. On the one hand, this may provide...
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With careful planning, buying and selling a home at the same time can be a lot easier than you might think Here are some tips to get you started. Preparation Hire a team of professionals who are experts in buying and selling homes. Ask family and friends which REALTOR®, lawyer, lender, appraiser...
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EDITOR'S NOTE: With foreclosure properties still dominating the housing landscape in the U.S., we've asked our friends at RealtyTrac® to guest author some articles to shed light on the foreclosure crisis. RealtyTrac is the most trusted source of foreclosure information in the country. We...