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Buying
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Real Estate 201: Finding A house - Agents And Agency
Why get an agent, you ask? Don't they cost extra? You could always just get those nice, color real estate magazines and/or drive around neighborhoods you like and just call the agents in the ads or on the signs. You have to call all those agents anyway since they NEVER put the price in the ads or on the flyers. Besides, once you call them, they'll get you all fixed up and look out for your interests. OK, time for dirty little secret #2...
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Homebuying 101 - The Lending Process
As a Realtor, I frequently get calls from people that want to own a home, but have no idea of how to go about buying one. They may say, “I think I want to buy a house but I don’t know what to do.” Or, “I saw a house I would love to buy but I’m not sure where to start or how to do it.”
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Increased Difficulties for UK First Time Buyers
First time buyers are finding it increasingly expensive to get their first mortgage. Evidence from the UK Council of mortgage lenders suggests that the average cost of a mortgage for first time buyers is now ?115,499. This is over 3.3 times the income of the first time buyer and this income multiple is at an all time high. The increased income multiple reflects the increased willingness of banks to lend a mortgages up to 5 times a persons incomes. (e.g. Abbey National)
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Home Buying Without the Added Stress
Did you know that: Buying a home is a momentous event, and understandably, we make great efforts and take great pains just to find the perfect home. But this need not be a hassle. Go on, log on to the friendly Web and find a home you can move into the stress-free way!
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The Why Of Banks And The Property Market
One wonders why lenders are prepared to lend large amounts when they know that there's a good chance that the borrower will be unable to pay back. Lending institutions may say that they refuse those who are too high risk, but if they were so concerned then they would lower the amount people could borrow.
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A Buyer's Guide to the Sales Contract
The sales contract should include several pieces of information that have an impact on the sale. Here are the key pieces of information that most sales contracts will include.
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Are You House Hunting In A Good Neighborhood?
You know the paramount rule of real estate – location, location, location. Buying in a good neighborhood makes sense on a lot of fronts, but how do you know if you are looking in one?
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New Survey Reveals Dark Secret Of Real Estate Industry
Many of us in the real estate industry have always known a couple of the dirty little secrets that the industry tries to keep in a closet. Now a new survey throws the door open and lets these little know secrets out to the general public.
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Nova Scotia Mini Guides: Buying a Home in Nova Scotia from Abroad
Buying a home in Nova Scotia, either for investment, holidays or eventual permanent residency is a simple process even if you live abroad and are not Canadian….we did just that in 2004, mostly by e-mail from the UK and were pleasantly surprised just how easy the process was.
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