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Hassle-Free Homebuying
Perhaps you'd like to take advantage of today's great buyer's market in housing but feel a little intimidated by everything that's involved. You know the routine: finding the right locale and the right house; negotiating an agreement; putting together a down payment; and selecting the best mortgage available. There are two things you can do to make every step run smoothly. The first is to select a really professional agent who knows the real estate business, knows your local market, has both a solid reputation for integrity and a solid record of success, and clearly is eager to respond to your needs. The second is to make you agent your teammate in the literal sense of the word, using teamwork to be sure that the house you ultimately buy is the house you've always wanted. Making your agent your teammate requires choosing an agent you feel able to trust both as a person and as a professional. And that's no small matter. In real estate as in all areas of business - as in all aspects of life, actually - trust can make all the difference in the world. True teamwork is nearly impossible to achieve unless you stick with one agent throughout the buying process. Buy all means you should shop around - and shop around carefully - when you're still deciding which agent to work with. Once you've made that decision, however, don't reverse it unless (and this rarely happens to people who are careful in the first place) something specific happens to make it clear that your choice was unwise. Teammate status is all the motivation a first-rate agent needs to go all-out in finding houses that suit your needs. And if you're concerned about what it is you're looking for and how much house you think you can afford, your agent can save you huge amounts to time and effort. If you're not sure how much you can afford, be candid with your agent about that, too. He or she can provide you with some helpful preliminary guidelines and can put you in touch with mortgage lenders who know how to get you focused on an appropriate price range. It's always a good idea, as you look at listed homes, to give your agent a lot of feedback on what you've seen. Good feedback will refine and sharpen the agent's understanding of your likes and dislikes, which in turn will make it easier to find the house of your dreams. The ultimate payoff, once again, is that you get to your goal more quickly, expending less time and less effort along the way. Anyone who have ever done it this way will assure you of one thing: it pays off. About The Author W. Troy Swezey is the author of "HASSLE-FREE HOMEBUYING." As a Realtor at Century 21 Paul & Associates, he has helped many individuals with their real estate needs. Visit his web site to download his free e-book, "REAL ESTATE SECRETS EXPOSED." http://www.TroyIsMyRealtor.com or mail to: TroyC21@usa.net
MORE RESOURCES: In downtown Manhattan, new condo developments offer owners both single-house-style privacy and luxe-building-style amenities. Where others saw a ruin, the buyer of a house in Millburn — a former contractor — perceived buried charm. Two longtime loftmates appeared to be going their separate ways, but the hunt for new apartments landed them in the same building in Williamsburg. West End Avenue and vicinity was once a stronghold of town houses. Three of the now-rare breed bear distinctive traces of the attentions of recent owners. At River Pointe, a community in Manchester, N.J., solar technology that earns energy credits is a standard feature in each house. Questions for a principal of the law firm Proskauer Rose and a co-chairman of the firm’s real estate division. The wealthy and celebrities often buy property under limited liability companies, often with whimsical names. Once a grand mansion steps from Central Park, it had fallen into disrepair. Now it is for sale for $8.95 million. One in eight homeowners had household debt exceeding half the monthly income in 2008, a recent report says. A parking space that comes with the lease; a condo building with no emergency reserve fund; a landlord’s liability in a burglary; dealing with fees on security deposits. An art collector builds a nontraditional house in an Alpine village where life hasn’t changed that much in decades. On Lake Waramaug, a converted boathouse has a stone foundation, a wraparound deck and direct access to the water. A one-bedroom condo in Philadelphia, a three-bedroom bungalow in Tennessee and a two-bedroom house in Wisconsin. A half-dozen buildings on Second Avenue will house ventilation equipment, disperse smoke and allow for evacuation from subway tunnels in emergencies. Real estate investigation, a big business in a borough like Manhattan with plenty of rent-regulated apartments ripe for exploitation, has picked up in the past year. Developers in Midtown are refurbishing older buildings, using tax credits and public financing, as much as they are building from scratch. In today’s market, some New York brokers say they have never encountered so many demands from their clients, or so much hostility. Many economists believe that the days of banking on an asset that could only rise in value are gone for good. |
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