Top Ten Ways To Get The Best Home Buy
Posted on February 23, 2010
Filed Under Home Foreclosures |
1) Get pre-approved by a reputable lender- Be sure you have a pre-approval letter in hand and present it with your offer to assure your strongest bargaining position.
2) Sell your present home first- Contingency offers are not at all appealing to most sellers. The seller has to typically wait until your house sells before he gets his money. Therefore, the seller is not willing to negotiate with you. So, either wait for your home to sell or get preapproved for a bridge loan in the event your home does not sell. Chances are pretty good that you may sell your present home before your closing on the new home.
3) Hire a top notch buyer’s agent- You need a knowledgeable Realtor with local expertise in the market place. You Realtor will work on your behalf and negotiate the best price and terms for you. In addition, your expert Realtor will assist with the home inspection, appraisal, and closing details.
4) Decide where you want to live- Remember the old saying “location, location, location, well it still remains high on the home buying list. You really need to study the neighborhoods, schools, proximity to work etc before making the final decision on your favorite neighborhood. Again, your buyer’s agent is a valuable asset in gathering information for you.
5) Search for homes online. There are many websites now that potential home buyers can search all homes on the market by price, neighborhood, schools, zip code, and maps. If you do your own preliminary searching it will save you a lot of time. You can actually ride by the homes that you like and take a look at the neighborhood to see if that is really where you would like to live.
6) Look at vacant and distressed Properties- Vacant properties often signal a motivated seller. The seller has probably moved out of town and often times is carrying two mortgages. Often properties that are in need of repair are overlooked because most buyers can not appreciate the potential. Maybe all it needs is a little paint and carpet. We call these properties a “diamond in the rough”.
7) Foreclosures and short sales- Have your buyer’s agent research all the foreclosures and short sales in your price range and location desired. Again, these can sometimes be bargain priced. Typically, they are bank owned and these days banks are pretty motivated to get them off the books.
Do your research-Ask your buyer’s agent for detailed information on the properties that you are interested in. You want to request a history on each property to see how long they have been on the market, price reductions, sold data, tax data, survey, and covenants and restrictions for the neighborhood. And be sure to get sold information for all properties in each neighborhood that you have interest in.
9) Don’t make your first offer the best one- Leave yourself some negotiating room in the event the seller counters your offer, which is typically what takes place. Determine the maximum amount that you are willing to pay to calculate your first offer. Again, your Realtor can advise you.
10) Meet the Sellers closing date- Many sellers have various personal reasons for a particular closing date and if you are willing to work with them, you may get a better price.
Kay Baker
http://www.articlesbase.com/real-estate-articles/top-ten-ways-to-get-the-best-home-buy-713670.html
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9 Responses to “Top Ten Ways To Get The Best Home Buy”
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What is the best at home ways to try and predict the gender of an unborn baby and how reliable are the results?
i carried my two daughters high when i was prego and my son he was low.
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Check out the Chinese Lunar Birth Calender. All 4 of mine were correct with the calender. My cousin swears by it too!
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The only "predicting" of what you are having are old wives tales and none of them are reliable.
An ultrasound isn’t always 100% reliable.
What IS 100% reliable is when you find out the day you give birth.
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well according to my generations the way you can tell if its a girl or a boy is that boys move a lot and girls stay more still
if its a boy the dad gets the cravings and the mom the sickness
on the girls is the opposite
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it was so true for me my baby boy started moving around like crazy when i was 3 months and my baby daddy had the cravings
Its an old tale my Grandmother used she would get a necklace and over your belly leave it still it should move alone if it goes back & forth its a boy and if it goes in circles its a girl. So far has worked for me but ya never know maybe im superticious.Also Im very good at predictions on the sex of a baby whats the heartrate of your baby??
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Just for fun, you could look at the Chinese Gender Prediction Chart, it was correct for me.. and my cousin. but wrong for my neighbor, and aunt.
Also, if you have the money.. the Intelligender thing is pretty good. That also was correct for me, but wrong for my cousin. (We’re both having boys by the way) My aunt had a boy, and my friend had a girl.
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They have this test called predict a gender you can buy it at any drug store like cvs or walgreens Its about 30-40 dollars. You can take the test as early as six week but i would wait til 10 + wks. Its 90% accurate im currently pregnant and I took the the test it told me I was having a boy and at my 20 wk ultrasound sure enough BOY. Could be just luck but I hope that helps.
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hate to burst every one’s bubble
i’m carrying low and all out in front (should be a boy)
baby moves a practically all the time
and the Chinese gender chart says it’s a boy
but she is definitely a girl
ultrasounds are the only non-speculative way of determining gender
well i have also heard that an Amniocentesis can tell as well but i’m not sticking a needle in my belly for a bunch of test results that are commonly false positives
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