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When Selling A
Home
When selling your
home there are no
guarantees that a
buyer will simply
walk through the
front door. In many
cases you may have
to bring your home
to the buyer.
Effective marketing
will help ensure
that your property
receives maximum
exposure to attract
a ready, willing
and able buyer. The
appearance of your
home, a buyer's
first impressions,
and other
considerations
can...
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9 Deadly Mistakes
Home Sellers
Make
9 Deadly Mistakes
Home Sellers Make
Mistake #1.
Using a real estate
agent instead of a
Realtor When
you're looking for
help buying or
selling property,
it's important to
remember
that...
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Seven Selling
Mistakes You Dont
Want To
Make
SEVEN SELLING
MISTAKES YOU DON'T
WANT TO MAKE!
Mistake #1. Pricing
Your Property Too
High Every seller
wants to get the
most money for his
or her house.
Ironically, the
best way to do this
is NOT to...
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How To Get Top
Dollar In Any
Market
How To Get Top
Dollar In Any
Market The best
chance for selling
your property is
within the first
seven weeks it is
on the marker.
Studies show that
the longer a
property stays on
the market,
the...
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How Mortgage Loans
Work When Selling
Your Home
It is important to
understand how
mortgage loans work
when you are
selling your home.
Many people are
surprised to learn
that the amount you
pay towards
interest and
principal varies
dramatically over
time. This is
because mortgage
loans work in such
a way that the
early payments are
primarily in
interest,
and...
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Understanding
Adjustable Rate
Mortgages When
Selling Your
Home
Understanding
adjustable-rate
mortgages is
important and can
literally save you
thousands of
dollars in the long
run.
Adjustable-rate
mortgages (ARMs)
differ from
fixed-rate
mortgages in that
the interest rate
and monthly payment
can change over the
life of the loan.
ARMs generally have
lower...
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Moving - Things You
Should Know
Go online and
search the internet
to the area's local
realtor in advance
of your move. You
will find alot of
information which
can be helpful in
giving you some
idea of the type of
housing available
in the new city, as
well as other
useful information.
You can now
actually view the
inside of many
homes using a
feature called
"virtual
tours'.
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Reasons To Own Your
Own Home
There are many
reasons you should
own your own home
and you've probably
seen lots of
financial arguments
about why you
should own your own
home rather than
rent. Many of these
reasons include
budgeting (no rent
increases) and the
tax savings you'll
most likely have.
Now I'm going to
give you some
reasons to own your
own home that you
probably haven't
heard.
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Getting A Clean
View Of Your
Finanical
Situation
It's important and
critical that you
have a clear view
of your financial
situation before
starting your
search for a new
home. You'll have a
much better idea of
what you can afford
by getting a handle
on your income,
expenses and debts
and how much you'll
need to borrow.
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Refinancing -
Selling Your
Home
If you've built
enough equity, you
can refinance in
order to take cash
out of the property
or refinancing your
home can be an
excellent way to
bring down your
monthly mortgage
payment, raise
cash, or
consolidate debts
with high interest
rates. However, do
so with caution.
You need to...
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Interest Rates -
What You Should
Know
If you're new to
investing or real
estate and don't
know the first
thing about
interest rates,
here's a good tip:
the higher the
interest rate, the
more expensive it's
going to be. High
interest rates mean
you will have to
pay back more on
the money you
borrow. Another
good rule of thumb
is...
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Successful Real
Estate
Investing
When you are
involved in real
estate investing
everybody has
certain goals and
aspirations.
However, we have
found that there
are certain
guidelines every
aspiring real
estate investor
needs to know.
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Points - What It
Means
A point is equal to
1 percent of the
loan amount. Points
are usually paid
out-of-pocket by
the buyer at
closing. Homebuyers
often have the
option of choosing
a loan with a lower
interest rate by
paying points. For
example, with a
$100,000 loan, one
point equals
$1,000.
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Selling Your Home
And Leaveraging
Your Money
Simply put,
leverage allows you
to use a small down
payment and
financing to
purchase a larger
investment. One of
the greatest
financial aspects
of buying a home is
the ability to
leverage your
money. For example,
if you bought a
$125,000 home with
10 percent down,
you leveraged the
$12,500 down
payment to purchase
an asset worth 10
times that
amount
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Can You Afford
It?
Understanding how
much you can afford
is one of the most
important rules of
not only home
buying, but in
selling your home
also. Depending on
your individual
situation, your
budget can affect
everything from the
neighborhoods where
you look, to the
size of the house,
and even what type
of financing you
choose
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