Ok here is some practical advice about buying a house. YOU DO NOT NEED TO LOOK AT EVERY SINGLE HOUSE ON THE MARKET. Odds are they don't meet your needs or fulfill your desires for a new home. Then when you find the ONE! Stop looking. Typically, if you are true about what you are looking for I can find it inside of 7 to 10 houses. However, sometimes it might be the first one we look at. Guess what, its OK that you love and buy the first house you look at. See one or two more just to compare and satisfy the need to look but don't go on and on its not necessary. Not to mention time consuming, and frustrating. Nothing worse than someone continuing to look knowing full well they have already found the house they will or should buy. The next thing to consider, is the more time you spend seeing every house available on the market even if it has only one of your stipulations rather than 4 or 5 or more you risk losing out on the house you want. This is even worse, than the previous, trying to find another that is as great as the one they should have bought in the first place rather than seeing 10 more houses just to be sure they were not missing anything that might be available to them. This is pure gluttony over indulgence. Inventory is limited these days. We are losing loan products every day...what does that mean? Well it means lots of folks are going to stop moving simply because they want to. With the change in the mortgage industry...rates, products (a loan product is the kind of loans that are available to consumers(buyers)) people will have more trouble finding anything better with out spending loads more money. NOW...stay with me people. The fewer listings we have for buyers the quicker they get snatched by diligent quick thinking buyers. Now don't get me wrong, I'm not saying don't look around...DO LOOK AROUND, on the Internet the entire MLS (Multiple Listing Service) is on the Internet on dozens of sites. Do not be fooled into thinking you need to use more than one site to see the entire LOCAL database. My website http://www.traceyclifton.com/ uploads daily the entire North Texas Real Estate Information System. When looking for a real estate agent read their site, the things they talk about the knowledge they have about the community they work in. Find someone you trust and be honest about what you want. The agent will then search, compare, narrow down, and make a list of properties to see. Sometimes you will have come across one the agent did not choose ask them to add it they will. They want to serve you its what they do. However mostly they want to help you find the perfect home and negotiate the sale and get you to closing and warm and fuzzy in your new home. Real estate agents do not get paid to show houses they only get paid when the deal closes. That said, be loyal when you find one, don't go calling every sign you drive up on. Write down the address go home and look it up or call your agent to look it up, calling loads of different agents will end you up alone with no one to show you houses. When it becomes clear that a person is calling on every sign they see and asking every agent to show them this house or that agents will back away knowing that person will leave them at the next house and they will not spend their time helping that person they will move on to someone who will call them with a question or an address they are curious about. Your agent will be loyal to you, be loyal to them. Hire a professional then take their advice. They look at houses everyday, they know builders, neighborhoods and they watch you in a house how you respond. Be respectful of their time and let them serve you they will do it well and you will be delighted with he outcome. Do you have any questions about Real Estate, I can answer...Comment me
Learn about me, real estate, embroidery, travel, negotiating and most of all and more importantly my journey and my study of the Bible and Jesus presence in my life.
Sunday, August 12, 2007
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