Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Anybody in real estate?
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 7736082:MV8yMDY3OTQ5XzM0Nzk1OTgxXzg0MjgzNkQy] [quote:WalkerTalker2:MV8yMDY3OTQ5XzM0Nzk1ODg5XzhCMzFENEQ3] good questions. I favor agents who dont show the clients the highest priced home, but the BEST deals ( I am that kind). Its a lot of fun seeing the inventory of the hot deals out there. It changes all the time.... Usually when you find a good agent you start looking the day you prequalify for the loan. You will soon develop an idea of what you like and want. Normally the agent gets paid a commision [b]after[/b] you buy a house, so there is no intial fee--or charges to prequalify you or take you out to view property or write offers. Its a lot of fun....and an emotional roller coaster ride for a lot of people, especially during the offer process and escrow. You will learn a lot, i am sure. Dont buy the first house. Look at half a dozen if you can. Ask the agent to pull recent "comps" and aim to buy UNDER current market by 5-10% if you can. Dont get too greedy and dont be in too big a rush. If the deal is hot- make an offer- dont delay- dont sleep on too many deals- give it an offer. Keep your agent busy-show up on time to view the properties. When you find the house you love, make a reasonble lower offer, and dont quibble too much when the seller counters at a higher price. Always , ALWAYS ask the seller to pay 2000 dollars towards closing costs, it saves you money if they agree. No matter what they say--there are not as many buyers out there now, so the sellers are motivated. FIND A BUYERS agent that will fight for a low price for you and not try to get you to hurry up (so he or she gets paid the commision). Seller pays the commision- but you enable it as you are buying the house.....Take your time, but be polite and respectful to people in the business. 'Hows that for some free advice!!?? Good luck [/quote] Thanks man, I aprreciate all the help. I guess it's time to look for a real estate agent in the area. [/quote]
I officially now have $30,000 saved up to buy a new home howeber I have very little credit. I only have one Visa card that I've had about 2 years. I get many offers in the mail just havn't followed up on getting a second one yet.
But If I'm looking for homes priced around $60,000 to $80,000 and put up around $20 to $25,000 for a downpayment (including closing costs) does my credit score really matter? My goal would be to have my morgage around $350 a month or cheaper. I take home after taxes about $1,400 a month.
First time home buyer so any help GLP can offer I would greatly appreciate it.
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2017 Godlikeproductions.com
Page generated in 0.005s (5 queries)