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Advanced Buyer’s Information Center
NOTE: Don’t buy your next property until you read this page!
Reports available for Download click here!
This page will give you access to the latest tips and strategies
so that can save you money, time, and stress when buying your next
property. The information will teach you how to avoid the common
mistakes people make when buying real estate, and how to save money
on your purchase price, closing costs, and interest rate. This page
will also show you how to easily obtain concise, organized information
regarding money saving tips and insider real estate secrets.
1. The number one buying mistake people
make. The number one mistake
buyers make when buying real estate is failing to use a Realtor.
Although there are some cases where you might save some money
by not using a Realtor when selling, there is virtually no reason
at all not to use a Realtor when buying property. A competent
Realtor will know more about sold information, area trends, schools
etc. Since the seller’s agent usually shares his fee with
the buyer’s agent, there is no extra cost to you. Even if
you buy a For Sale By Owner your chances are slim that you will
save any money because the For Sale By Owner wants to save the
real estate fee too! That’s why he isn’t using a Realtor.
2. Save money on your purchase price.
One of the best methods to save money when buying a home is to
get pre approved. If you have not read my explanation of how to
effectively use this technique please
click here before you go further. Another effective strategy
to get your house for less money is to obtain the List Price to
Sold Price Ratio from your real estate agent. This is the percentage
of what homes actually sold for in relation to the listed or asking
price. If your area has a Multiple Listing Service your Realtor
will be able to easily furnish you this. (By the way, if you ask
your agent for this information, and he doesn’t know what
you are talking about, consider getting a new agent.) Check the
ratio for the area where the house is located. It should be a
number showing the average list price versus the average sold
price for the area. For example it might show that homes in that
area are selling on average at 96% of what they were actually
listed for. This can be powerful information when used properly.
For example if a seller is asking $135,000 for his home, and he
has negotiated with you down to $132,500 but will go no lower.
Check and see if the ratio shows an average lower than that. If
houses were in fact selling at 96% of list price, you could show
him this information to justify a lower price. The beauty of this
tactic is that it's not you telling him his house is worth less,
it's the market telling him that. Based on the example above,
96% of $135,000 is $131,040 which is almost a $1,500 savings from
his "bottom dollar", accomplished by simply having your
Realtor run a report off the computer.
Reports
available for download:
To save, use right click and "save as". To open just
click link.
5
Powerful Buying Strategies
9
Deadly Mistakes Homesellers Make
How
To Get Top Dollar In Any Market
Making
the Move Easy on the Kids
Six
Ways To Beat The Stress Of Buying A Home
Some
Different Reasons to Own Your Own Home
Things
You Should Know about Moving
When
Selling a Home
Getting
Your Finances in Order
Closing Costs
How
Much Can You Afford?
Leveraging
Your Money
Saving
for the Down Payment
Different
Types of Loans
Your Credit
History
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