Wednesday, March 10, 2010

Tips To Home Buyers on Your First Viewing Schedule

So, you're about to embark on what many Americans dream about, buying your first home! The first step in choosing that perfect home is your visual inspection, in other words, taking time to look at the intricacies of the home. dallas homes for sale

Trivia Fact: did you know 49% of homeowners experience a problem with the houses they've bought simply because they didn't spend enough time researching or checking out the property? You don't have to become a statistic if you follow a few simple rules:

Do a background search on the property, including the area surrounding it. This will save you time from viewing a property that will not meet your requirements for a neighborhood, or location.

Bring a camera and take photos of the homes, carefully taking a close-up shot of the home and other things that you may have liked or disliked about the home. Takes notes on the back of the San Antonio MLS sheet for that specific home in order to prevent confusion later.
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Don't be afraid to ask about the fixtures, attachments, HOA association dues, noise level, average utility bills, etc. If the homeowner is home, take advantage and ask questions, after all, they know the property very well.

Real Estate agents are only human - you can not expect to see all the houses you want in a short span of time. There are only so many hours in a day so you must prepare yourself to view a set number of homes, and keep your expectations realistic. Also, be open with your Real Estate agent if they offer free transportation, or would rather meet up somewhere in between. dallas homes for sale

Be on time. REALTORS® schedule appointments for the homes they will be showing, and it is important to stay on time as many homeowners have to make arrangements to leave the property.

Schedule second showings with your REALTOR® of your top pics and take your time getting to know the property before an offer is presented and perhaps drive by at different times to get a feel of the neighborhood. Take your own measurements for furniture placement and appliances as well, and if you have children, don't forget to check school boundaries and capping issues.

US NEW HOME SALES FALL IN DEC FOR 2ND MONTH IN A ROW

Sales of newly built US single-family homes fell unexpectedly in December, data showed on Wednesday, the latest indication that the government-led housing recovery might be losing some steam. The Commerce Department said sales fell 7.6% to a 342,000 unit annual rate from an upwardly revised 370,000 units in November. It was the second straight month that new home sales declined. US stock indexes fell on the data, while government bond prices held at higher levels. "This isn't good news. It should put some pressure on the market, especially coming after the disappointing outlooks we saw," said Dan Cook, senior market analyst at IG Markets in Chicago. New home sales for the whole of 2009 fell 22.9% to a record low 374,000 units, the department said.
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The data came as the Federal Reserve deliberated on monetary policy. The US central bank is expected to leave overnight lending rates near zero. At its meeting in December, the Fed announced it would end purchases of agency mortgage-backed securities in March.
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The program has depressed mortgage rates, contributing to the housing market's healing in recent months. But the housing market recovery is showing some signs of fatigue after a surge in sales as first-time buyers rushed to take advantage of a popular tax credit, which had been scheduled to expire in November. It has since been expanded and extended until June this year and while analysts expect home sales to pick up as a result, they reckon the pace will not be as strong as witnessed with the initial tax credit. Courtesy:- ET dt:- 28-jan-2010 For more information regarding apartment in mumbai, bedroom apartments, buy property in india, commercial complex in india, commercial real estate, commercial space in mumbai, dealers, flats for sale, indian real estate investment, investment options in real estate, luxurious flats, malls, office space, office space in mumbai, online real estate, penthouses mumbai, plots, property consultants, property in mumbai, property india, property investment, real estate company, real estate developer, real estate mumbai, real estate in india, real estate investment strategies, real estate market, real estate news, real estate portals, realtors, realty, residence, residential real estate, sell property, shop, villas, Residential Apartment.
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Stockton Foreclosures for Sale

To be successful today, investors have to be smart and cautious. Let us face it. Foreclosure investing is a business that

comes with a lot of risks. In order to avoid committing costly mistakes when buying Stockton foreclosures for sale, you

should make sure that you have all the facts needed in order to make an informed decision.
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Weigh Benefits Over Risks

Part of every buyer's strategy should include weighing the potential dangers against the benefits. In this case, there are a

lot of things to check before you are sure that you can handle any unexpected surprises.

For instance, the foreclosure home should be inspected by a professional inspector from roof to the foundation. Most of

these homes are abandoned and require rehabilitation. The cost for doing the renovation should be anticipated and calculated

in order to see if they could fit your budget. Always make room for emergency repair work since not all damage can be seen

initially. dallas homes for sale

In relation, you must prepare your finances accordingly. If you are planning on paying cash for one of these Stockton

foreclosures for sale, keep in mind that most sellers might give you additional incentive or discount. Take advantage of

such offers. On the other hand, if you are getting financing, be sure to be pre-approved for a mortgage loan and submit a

copy of the pre-approval letter when you make an offer. For certain, the seller will appreciate this.

Another risk to be addressed involves the title or deed. There are instances when a secondary lien is attached to the

Stockton foreclosures for sale and the new home owner has to deal with the inconvenience that it brings.
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The Benefits

Of course, any investor would tell you that investing in repossessed properties can be considered to be lucrative. Among the

benefits include instant equity, great potential and savings. And since it is a buyer's market out there, you can further

enjoy the other perks that sellers offer to attract buyers. Considering these, it is not surprising that a lot of investors

take a chance with these Stockton foreclosures for sale.
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