How to buy a foreclosure and save 3.5% on closing costs through June 30, 2011
REALTOR® Associate
Contact: (334) 805-7658 or harry@c21keyrealty.com
Now is a great time to buy a foreclosure because there is a HomePath® Buyer Incentive in which Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through June 30, 2011. Read more to find out if you might be eligible for this savings.
Read More →6 tips for choosing the best offer for your home
Originally published on February 10, 2010
Have a plan for reviewing purchase offers so you don’t let the best slip through your fingers.
Read More →Keep your home sale from falling apart
Originally published on March 30, 2010
After finding a buyer, all you have to do to make it to closing is to avoid these five traps.
Read More →Negotiate your best house buy
Originally published on June 4, 2010
Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home.
Read More →Fielding a lowball purchase offer on your home
Originally published on June 10, 2010
Consider before you ignore or outright refuse a very low purchase offer for your home. A counteroffer and negotiation could turn that low purchase offer into a sale.
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Most home buyers and home sellers want to arrive at a win-win agreement, but that’s not to say either side would regret getting a bigger “win” than the other. Successful negotiating is more than a matter of luck or natural talent. It also encompasses the learned ability to use certain skills and techniques to bring about those coveted win-win results.
Read More →Foreclosure facts
REALTOR® Associate
Contact: (334) 333-1609 or michelle@c21keyrealty.com
The process of buying a government or bank-owned foreclosure is different in many ways than an owner-seller home and it requires patience and more patience. Find out more about what makes a foreclosure sale different from either an owner-occupant or other investment sale.
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Because all cash buyers sidestep the time-consuming loan qualification process, the deal can close very quickly. The primary advantage of buying a home with all cash is completely avoiding mortgage interest. Buyers also save money that would be spent on loan origination fees, required appraisal , some closing costs and various other charges imposed by the lender.
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A few things to think abiout are what other homes have sold for in the area and how much money you might have to put into repairs or renovations. These considerations factor in with how much you’re comfortable spending.
Read More →Once you’ve found your dream house, it’s time to get started with the financial and contractual side of the purchase. Here are some helpful tips to help you make an offer.
Read More →So your agent calls and says that he/she has received an offer to purchase your home. What are your options? More importantly, what is your best option?
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