Tag Archives for " buyer faq "
Short sales shouldn’t be a mystery to anyone anymore…however I am still shocked at just how many buyer’s agents attempt to represent clients through these transactions without the slightest clue of how short sales work. This along with inexperienced listing agents on the other side of the short sale are likely the #1 reason so many short sales fail. Time and […]Continue reading
As a would be homebuyer wanting to go see homes there are generally two initial questions you are likely to encounter when talking to real estate agents: #1 – Are you working with a Realtor in your home search? The reason Realtors ask this is to find out whether you are already working with another real […]Continue reading
WHEN FACED WITH COMPETITION FOR THE NEW HAVEN COUNTY HOME YOU WANT TO BUY – CONSIDER THESE 4 TIPS TO BECOMING THE WINNING BIDDER:Be flexible! Find out a little more about the seller’s situation. Are they trying to find a new home to buy while selling the old? Perhaps they could use a longer time to close or […]Continue reading
Yes – it is quite common for home buyers to ask sellers to contribute money towards their closing costs.An example of how this works is: John and Mary want to buy a Woodbridge, CT home for $200,000. John and Mary anticipate $8,000 of closing costs to be due at closing. They offer the sellers $208,000 with […]Continue reading
There are several costs involved in any property transaction in Connecticut, several of which fall on the home buyer. Besides the actual purchase price and down payment, other costs of sale for the buyer include: Mortgage related costs: Upfront costs of funding your loan generally run 3-5% of the purchase price. These costs include origination fees, appraisal, upfront […]Continue reading
Buying your first home can be an exciting and intimidating prospect. So many questions come to mind when deciding whether to buy including:Is this the right time?How much money do I need to buy a home?How long will the process take?Should I consider a foreclosure? How do short sales work?Can I buy a fixer upper and […]Continue reading