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Save Thousands
of Dollars When Buying a Home
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This
FREE no obligation easy to understand report provides simple
steps that will amaze you how easy it is to save thousands of
dollars when buying a home.
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BEWARE!
13 Extra Buyer Costs You Need to Know About
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| This FREE
no obligation report let's you know about 13 extra buyer
expenses you need to know about before you start your home
search. |
| This FREE
no obligation easy to understand report and DVD provides simple
ways to avoid 9 buyer traps that most buyers fail to navigate
before they happen.
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FREE Special Report
"6 Things You Must Know Before You Buy"
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Discover how to avoid these costly mistakes.
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| This report clearly
identifies potential trouble-spots, and lays out an easy-to-follow
step-by-step system to help you get the most money for your home |
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Consider Real Estate Taxes When
Buying Your Home
You
want to buy as much home as possible for
your money, but your new asset can
become a liability if you don't consider
variables such as property taxes and
utilities. The information you have may
not be accurate, and you may not know
how to forecast how expensive those
monthly expenses, whether escrowed or
not, can be.
Let's say your Realtor sends you a
listing from the MLS. You like it, and
decide to buy after seeing the home. If
you've been preapproved for a loan and
the price falls within your lender's
parameters, you think you're home free,
pardon the pun.
But the lender is following a
formula, and that formula doesn't
include the rising costs of property
taxes or utilities.
Most MLSs supply tax roll data in
property listing information, but often
that data can be outdated, particularly
if the seller bought their home long
ago. Property tax rate caps can keep
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Should You Prepay
Your Mortgage?
Does
it make sense to prepay your mortgage,
or buy real estate with a big
downpayment?
These are the core questions
raised by Antonio Gidi, an assistant
professor at the University of Detroit
Mercy Law School, questions which
everyone should consider.
"Some people," explains Gidi, "say
'put no money down', 'do not prepay your
mortgage', 'do not give money to the
bank', 'refinance and reinvest your
equity outside the house'. Other people
say 'put money down', 'pay more and
apply towards the principal', 'have your
house debt free'. Who is correct?"
"Does it or doesn't it make sense
financially, to put money down and/or
prepay your mortgage?"
Gidi points out that you can buy
today with no money down and use your
cash elsewhere. Also, the money used to
prepay a loan can just as easily be
devoted to other investments, including
some with higher effective yields.
We certainly see that many people
are buying with no money down. Figures
from the National Association of
Realtors show that 42 percent of all
first-time buyers and 13 percent of
repeat purchasers buy with
no-money-down, 100-percent financing.
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Baby
Boomers Not Retiring From Home Ownership
Retirement-age
baby boomers don't stop buying homes.
They find new ways to bring home the bacon
to buy more homes and boomer women are playing
much greater roles in this new "active
retirement" trend. "The New Retirement Survey,"
conducted for Merrill Lynch by Harris
Interactive in collaboration with Age Wave,
builds upon existing studies that say baby
boomers typically won't pursue traditional
retirement of leisure.
While 76 percent of boomers intend to keep
working and earning in retirement, on average
they expect to "retire" from their current
job/career at around 64 but only to launch into
an
Daily News and Advice
Read about the events
shaping the Real Estate market today,
find current interest rates, or browse
the extensive library of advice and
how-to articles written by some of the
top experts in Real Estate. Updated each
weekday.
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Free Online Home
Valuation
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| Receive a
free no obligation home valuation. |
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Your Home
Didn't Sell. Do You Know Why?
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| Your home
didn't sell or your listing expired. It likely wasn't your home.
We can show you why with a FREE DVD and report, How to Sell a
Home That Did Not Sell.
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How to Get Your
Asking Price in a Buyer's Market
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| Receive a
FREE no obligation report and DVD showing you how to get your
asking price in a buyer's real estate market. |
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27-Keys to
Selling Your Home
Quickly and for Top Dollar
|
| Receive a
FREE no obligation report and DVD explaining the 27-keys to
selling your home quickly and for top dollar.
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11 High Cost Inspection Traps You
Should Know Weeks Before Listing Your Home For Sale
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| To
help home sellers deal with this issue before their home is
listed, a free report entitled "11 Things You Need to Know to
Pass Your Home Inspection" has been compiled which explains the
issues involved. |
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For
the first time home buyer, the
question will come up at some
point -- should I wait to
purchase at another time? Will
the home prices drop? Will they
escalate more? Will interest
rates drop/increase? 
