Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Top Tips for First Time Home Buyers


Advice to Help When You're Buying a Home

First time home buyers might feel better to know that they're not the only ones who feel confused about the process of buying a home. Nearly all home buyers feel the same way, even if they've bought a house in the past, because it's easy to forget the home buying steps you took to get there once the event is behind you.

Get Educated

Before you begin, get educated about the home buying customs where you live. Relatives or friends who live in another state might have some good general advice for you, but chances are the process is very different in their area, so avoid the mistake of relying solely on their advice to make important decisions.

So How Do You Get Educated?

Talk to a real estate agent about the typical home buying scenario. This is not a meeting that should lead to an agreement for the agent to represent you.

It's simply a general discussion about the real estate customs in your area. An agent who won't take fifteen minutes to help you understand what to expect when you're buying a home isn't much of an agent, so if the first few calls don't produce someone who will help, keep looking.If you don't want to talk with a real estate agent, how about a bank loan officer or mortgage broker? They look at home buying from a different perspective, but can usually give you a basic overview of the process.

Questions to Ask

If you decide to work with an agent, will the agent help you compose your offer to purchase a home? If not, who does help?

If the agent uses fill-in-the-blank forms, ask for a blank sample copy to take home and study.

What types of disclosures are sellers in your area required to give to buyers? Can the agent give you a sample copy of typical disclosures?

What types of home inspections are standard in your area? Are there other inspections that the agent recommends?

How much do the inspections usually cost? Are they regarded as a buyer expense?

When are inspections done?

Is a survey required for most transactions? If so, who typically pays for it, the buyer or the seller?

Who does the title search to verify that the deed is problem free, attorneys or a title company? What's the average cost for that service?

Who acts as settlement agent, the person who puts together final paperwork for you to sign? (attorney, title company personnel, real estate broker, other)?

Other than loan costs, what's the average total cost for other closing fees?

Taxes, settlement agent fees, etc.

How long does it usually take to close on a home once an offer is accepted?

That's a good start. After you have the answers to those questions, you'll have a better feeling for the basic customs in your area.

Always Keep a Cool Head

Even simple problems can be a burden when you have so many details to take care of, so don't over-react if you hit a few snags on the way to closing. Keep a cool head and work with the people helping you through the transaction to resolve any issues that pop up.

Now Dig In

At this point, your remaining steps are no different than the steps nearly every home buyer must take. It's time to start digging into the details you need to get through the home buying process.

Special Loans (http://www.special-loans.com) specialises in providing secured finance where banks will not. If you have credit problems, are fully employed or self-employed, have income issues or employment issues, we have the best solution for you! We provide Non-conforming home loans offering wholesale home loan rates as well as Standard Home Loans, unsecured personal loans, refinance products.

http://www.special-loans.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


New York Times

Recent Commercial Real Estate Transactions
New York Times
$96/SQ. FT. $1.4 million approximate annual rent for two floors. 527 Madison Avenue (at East 54th Street). Manhattan. The entire 20th and 21st floors in this 26-story corner office tower are available together or separately and can be remodeled to the ...



Forbes

Avoiding Real Estate Development Landmines
Forbes
Real estate developers and investors who have been in the business for any length of time often use a variety of labels to describe the planning and zoning departments of the cities where they develop projects. These labels may be as simple as “pro ...

and more »


Cointelegraph

Australian Real Estate Major to Trial Blockchain-Powered Solar ...
Cointelegraph
Australian shopping mall operator with 70 locations across the country is testing Power Ledger's blockchain solution for solar energy management.

and more »


Motley Fool

How to Spot a Real Estate Bubble -- The Motley Fool
Motley Fool
Wondering if we're in a housing bubble? Here's a good way to find out.

and more »


CNBC

Why millennials are flocking to Rust Belt real estate - CNBC.com
CNBC
Younger buyers are investing in homes in such states as Ohio, Michigan and Wisconsin, experts say, in search of more affordable living and new places to plant ...

and more »


The Real Deal

Illinois real estate licensing office going all digital
The Real Deal
Illinois' real estate licensing system is going all digital. Beginning Monday, the Illinois Department of Financial and Professional Regulation will no longer accept paper applications for a number of professional licenses and certifications, including ...



Forbes

Real Estate Developer Breaks Ground On Scenic Oak Knoll
Forbes
In the foothills of Oakland, California, Oak Knoll is a master-planned, mixed-use development that will feature more than 900 homes situated on 183 acres above and east of MacArthur Freeway. SunCal, Oak Knoll's developer, specializes in mixed-use and ...



Forbes

Can Technology And Apps Ever Fully Replace The Real Estate ...
Forbes
Brokers will continue to develop tools to make the process easier and more convenient. But will this impact their own role in the process?
What does a real estate agent do to sell your home? | Mortgage ...The Mortgage Reports (blog)

all 3 news articles »


Forbes

These Real Estate Markets Are Currently Experiencing A Home Price Boom- How Long Will It Last?
Forbes
There were good reasons for the slide, most prominently that prices had previously been boosted by five million home buyers entering the real estate market for the first time, armed with sub-prime mortgages. When those loans soured, foreclosures ...



5280 | The Denver Magazine

There's a New Way to Shop for Denver Real Estate
5280 | The Denver Magazine
Even real-estate agencies are making the shift: In August, MileHiModern, an independent brand within LIV | Sotheby's International Realty, debuted a real estate “gallery” in LoHi (at 2015 W. 32nd Ave.), where an “immersive buying experience” allows ...


Google News

home | site map
© 2006 TIGER MEDIA