Buying a home after you have submitted and put in for bankruptcy is something that is difficult. Your credit score is basically what you live by and when you have to file for bankruptcy, your credit score goes down, down, down and honestly, it can be very difficult for you to recover from that. However, if you are looking for a way that you can so you can buy a new house – you need to do your research.
After you file for bankruptcy, there are many different things that you need to do to ensure that you can actually be trusted by lenders again. The first is make sure that you pay all of your bills on time and do not ever miss a payment, as that is something that will go on your credit and will certainly lower your credit score right away.
Next, you are going to have to wait anywhere from a year to three or four years in order to purchase a new house and even then, you might not get approved – it all just depends.
Wednesday, April 21, 2010
Spring Curb Appeal
Making your home pretty is something that a heck of a lot of people overlook. Did you know that people constantly are looking at homes and I can tell you for sure that curb appeal is something that everyone is looking at. A garden is a fantastic way to ensure that you get some curb appeal.
There are a few steps that you will need to take whenever you are looking to plant a garden and one of them is to decide exactly what you are going to plant. This is where deciding on veggies or flowers is very important.
Both of them can have some incredible affects, you just want to make sure that the garden is in good shape whenever you have buyers coming to look at the house.
There are a few steps that you will need to take whenever you are looking to plant a garden and one of them is to decide exactly what you are going to plant. This is where deciding on veggies or flowers is very important.
Both of them can have some incredible affects, you just want to make sure that the garden is in good shape whenever you have buyers coming to look at the house.
Monday, April 5, 2010
What is a Buyer Agency?
When a potential buyer contacts a real estate office to preview a property, the real estate agent is typically looking out for the seller's best interest. To ensure that the agent has YOUR best interest in mind, you need to be exclusively represented by a Buyer Agent.
A Buyer Agent is designed to exclusively represent the Buyer. Once a Buyer signs a Buyer Agency agreement, the Buyer Agent looks out for the Buyer's best interest. In that capacity, the Buyer Agent can discuss whether a home is priced reasonably, and can offer professional projections as to the future marketability and value of a home. The Agent can also negotiate the price and terms of the purchaser on the Buyer's behalf to save the Buyer money. There is no out-of-pocket expense for the Buyer because the Agent can get paid by the Seller.
When you are looking to make one of the biggest investments of your life, it's not hard to understand why it is important to be represented exclusively.
A Buyer Agent is designed to exclusively represent the Buyer. Once a Buyer signs a Buyer Agency agreement, the Buyer Agent looks out for the Buyer's best interest. In that capacity, the Buyer Agent can discuss whether a home is priced reasonably, and can offer professional projections as to the future marketability and value of a home. The Agent can also negotiate the price and terms of the purchaser on the Buyer's behalf to save the Buyer money. There is no out-of-pocket expense for the Buyer because the Agent can get paid by the Seller.
When you are looking to make one of the biggest investments of your life, it's not hard to understand why it is important to be represented exclusively.
Dangers of Overpricing
Many potential buyers won't even look, thinking it's out of their range.
Those buyers who do look are shopping by comparison, and looking at your home may convince them to make a bid on a different property.
Since an appraisal is often required in financing a property, it's futile to price a property for more than its worth.
Properties left on the market for extended periods of time usually become "shop-worn", causing many to believe something is amiss.
Overpricing tends to dampen some Real Estate Salesperson's attitude, making it less likely to be shown.
Overpricing lengthens marketing time, and invariably results in a lower selling price than would have been otherwise obtained.
Those buyers who do look are shopping by comparison, and looking at your home may convince them to make a bid on a different property.
Since an appraisal is often required in financing a property, it's futile to price a property for more than its worth.
Properties left on the market for extended periods of time usually become "shop-worn", causing many to believe something is amiss.
Overpricing tends to dampen some Real Estate Salesperson's attitude, making it less likely to be shown.
Overpricing lengthens marketing time, and invariably results in a lower selling price than would have been otherwise obtained.
Why Should Sellers List With a REALTOR
BUYERS have confidence in REALTORS
REALTORS can provide an objective market analysis
REALTORS can provide profitable market preparation
REALTORS have broad-based exposure
REALTORS may have buyers waiting
REALTORS have more constant exposure
REALTORS use more effective ads and signs
REALTORS find emotionally qualified buyers
REALTORS find financially qualified buyers
The SELLER will be less inconvenienced
The SELLER will enjoy more security
REALTORS offer professional showmanship
REALTORS can follow up effectively
REALTORS can ask personal questions that the Seller cannot
REALTORS understand the Seller's wants and needs
REALTORS can negotiate without conflict
REALTORS can provide the Seller with a net proceeds estimate
REALTORS can help avoid legal issues
REALTORS can provide an objective market analysis
REALTORS can provide profitable market preparation
REALTORS have broad-based exposure
REALTORS may have buyers waiting
REALTORS have more constant exposure
REALTORS use more effective ads and signs
REALTORS find emotionally qualified buyers
REALTORS find financially qualified buyers
The SELLER will be less inconvenienced
The SELLER will enjoy more security
REALTORS offer professional showmanship
REALTORS can follow up effectively
REALTORS can ask personal questions that the Seller cannot
REALTORS understand the Seller's wants and needs
REALTORS can negotiate without conflict
REALTORS can provide the Seller with a net proceeds estimate
REALTORS can help avoid legal issues
Homebuyer Tax Credit - Don't miss out!!
Visit Homebuyer Tax Credit for the most recent updated information.
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