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Top 10 Tips For Buying Your First Home

February 24, 2007

Buying your first home is a major milestone and it is important that you acquire as much information as possible before taking this big leap. While my clients generally ask me questions about improving their credit and getting a lower interest rate, this outline covers the entire process to, hopefully, make it an enjoyable dome homeand stress-free experience.

1. Be Prepared & Knowledgeable - Sign a contract with a buyer’s agent who is familiar with the area in which you want to buy a home; independently search your local MLS and realtor.com; and find a mortgage broker who inspires confidence and has a solid reputation.

2. Getting Pre-Approved - Before you actually visit any homes, research and select a lender such as Quicken Loans, AmeriQuest, or Wells Fargo. After you have chosen the one that is right for you, get pre-approved to determine your price range and show potential sellers that you are a serious buyer, which can also increase your bargaining power when you find your dream home.
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How to Make Money in Real Estate

November 19, 2006

By Dian HymerMake Money in Real Estate

One way to make money in real estate is to buy a property that no one else wants and turn it into a property that’s in high demand. Although the plan is simple, finding the right property in the right location and then buying it at the right price takes time, patience and expertise.

Finding a property can be a real challenge, particularly if you’re looking in a market that’s low on inventory. When the listing inventory is low, and buyer demand is high, you can find yourself competing even for a run-down fixer-upper.

The combination of a low asking price and perceived potential is a big draw. You need to guard against paying too much in this situation.
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Home Mortgage Loan Refinancing Online - 3 Tips On Refinancing Your Home

October 12, 2006

When refinancing your home, it’s helpful to know a few things about refinancing. When you refinance, you usually pay off the old loan and sign for a new loan, whether you are refinancing your 1st mortgage, second mortgage or home equity loan. The expense that comes in to play when refinancing are the new closing costs and points charge for getting a new loan.

How much can you expect in closing costs for a refinance? Usually between 3-6% of the total loan amount. So, for a loan amount of $150,000, you can expect to pay around $7 in fees. Usually, a company that will say that have no closing costs, will also charge a higher interest rate to compensate. The mortgage broker has to make money somehow, they will either charge a higher interest rate or charge higher closing costs. The best way to compare refinance lenders is to analyze all of the expenses. Read more

Nouveau Riche - The Mortgage Store USA helps Nouveau Riche Community Members to obtain real estate investment mortgages for their properties…

The Key to Real Estate Success: Marketing!

August 28, 2006

How did you get into real estate investing? Did you read a book on it? Was it a seminar? A meeting of some sort with speakers selling courses? Did you get really, really jazzed and pumped up by these simple (”not easy”) concepts that were delivered to you in parable form from the stage by a charismatic speaker? Did you find yourself levitating to the back of the room, powerless but to slap down your plastic to buy the kits that were being sold there? Like…

“Yes Mr. Ker, we do take traveler’s checks. Yes, cash is okay, too. HEY BARNEY, DO YOU HAVE CHANGE FOR A HUNDRED? There’s your kit Mr. Ker. Good Luck!”

I have to admit that’s where I began. I attended a “conference” and dropped over a grand in two days. What I ended up with was Read more

Generating real estate leads with RealtorExposure.com has a great return of investment. With their pioneer search engine marketing team, RealtorExposure provides a lead solution that delivers results.

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