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Before you hire
any professional, you should research the market to find out who can do
the best job for you. |
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A real
estate agent is a
good source for finding out the status of the local housing market. |
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"Good
neighborhood" should
be safe, close to things that are important to you and should offer the
services that you depend on. |
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Pre-approval
for a loan
reveals that you are serious about buying and it helps prevent you from
shopping for more than you can afford. |
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A lease
with an option to
buy combines features of both worlds and allows a renter to sign a
lease
with an option to purchase the property for a specific price within a
certain
time frame. This option is most popular among buyers who don't have
enough
funds for a down payment and closing costs. |
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A seller
may need to adjust
the listing price if there have been no offers within the first few
months
of the property's listing period. |
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When
updating is appropriate
kitchens and bathrooms are some improvements which can cause the home
to
sell faster and for more money. |
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A one year
Home Warranty
provided by the seller will be viewed as a benefit to the buyer,
because
buyers are much more comfortable with a house that includes a one year
warranty and that can be promoted in the advertising as a drawing
feature
of the home. |
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When
deciding how much insurance
you need to cover your home, think replacement cost rather than market
value. |
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It is a
good idea to use
a lock box when you are selling a home. Not allowing a lock box will
dramatically
reduce the needed exposure for your home, because agents don't like to
show property if access is an inconvenience. |
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Home
inspections can save
you money and prevent you from making a poor investment. Hire an
appropriately
designated home inspector to conduct a thorough investigation of your
property. |
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Be sure to
ask questions
about anything that remains unclear or does not seem to be properly
addressed
by the forms provided to you. |
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If you do
not think your
Realtor is representing your best interests, find a Realtor with whom
you
can work comfortably. |
