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LANGUAGE TRANSLATOR
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Building a Reputation on Finding your home
Buying a home is an important decision and is typically the biggest investment a person will make. Please provide some information so I can help you find the perfect home in the area you desire. Please let me know how many bed/baths, price range, area, square footage, and any other amenities that may be important to you and or your family. |
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| Don't Pay Too Much |
| Every new home buyer worries that they will pay too much. This concern is merited, especially if the buyer has not done the necessary research or is working without a Realtor®. However, there are some steps that can help the buyer save money.
Negotiation is important in a real estate purchase and is easier if the buyer is prepared. A prepared buyer knows what they need, want and can afford, based on the pre-approval process. Requesting a written Comparative Market Analysis (CMA) will help the buyer. A CMA lists other homes in a neighborhood that have sold and their selling price, as well as current homes for sale. For the initial investment, a buyer may request that the seller pay some of the closing costs or ask someone to “gift” the money. Shopping around on home insurance and choosing a loan that requires a low down payment can also reduce up-front costs.
To reduce monthly payments, a buyer may look for a loan without monthly mortgage insurance premiums. Finding out what is tax-deductible, such as interest payments on a primary residential mortgage and choosing an adjustable rate mortgage minimize monthly payments, as well. The buyer should try to lock in a low interest rate about a month in advance.
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