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Are Resales Less Expensive Than New Houses?Are Resales Less Expensive Than New Houses?Are Resales Less Expensive Than New Houses? About four out of five home buyers purchase a resale. A resale is a house that is not new and that has had at least one previous owner. It's usually less expensive to buy a resale than it is to buy a brand new house--if you consider the purchase price alone. But an older house may need... |
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Financing That Deviates From Conventional Financing Has Place in Today's MarketFinancing That Deviates From Conventional Financing Has Place in Today's MarketFinancing That Deviates From Conventional Financing Has Place in Today's Market Few buyers in this country pay all cash for a home. Most buyers make a cash down payment and finance the balance of the purchase price with one or more mortgages. In today's low interest rate environment, conventional lenders provide most of this financing.... |
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Here's What Happens After Your Offer to Buy Has Been AcceptedHere's What Happens After Your Offer to Buy Has Been AcceptedHere's What Happens After Your Offer to Buy Has Been Accepted Finding a home to buy and negotiating the purchase is rarely easy. After you've successfully completed the negotiations, it's time to celebrate. As soon as the euphoria wears off, you may be wondering what happens next. Within a few days after the sellers accept your offer, your. |
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How Can I Get a Good Deal Buying a New Home?How Can I Get a Good Deal Buying a New Home?How Can I Get a Good Deal Buying a New Home? A common complaint of buyers of new homes is that they have no opportunity to negotiate the purchase price. Most developers set their prices and stick to a take it or leave it approach. It's rare to find a developer who's willing to discount the price to make a sale. Even more... |
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How Can I Improve My Home Buying Experience?How Can I Improve My Home Buying Experience?How Can I Improve My Home Buying Experience? No one likes to make mistakes, especially homebuyers. If you make a mistake buying a computer or TV, the consequences aren�t serious. But a home buying mistake can cost you plenty. Fortunately, you can learn from others� mistakes. Here are some tips for avoiding pitfalls so that your home buying... |
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How Can I Make Sure I Get a Good Home Inspection?How Can I Make Sure I Get a Good Home Inspection?How Can I Make Sure I Get a Good Home Inspection? To maximize your chances of success, hire the best home inspector you can find. Your real estate agent can recommend home inspectors to you, and they are listed in the yellow pages of the phone book. But, don't hire an inspector blind without first checking references. Ask friends who... |
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How Can I Protect Myself Buying a Cooperative?How Can I Protect Myself Buying a Cooperative?How Can I Protect Myself Buying a Cooperative? Buying a cooperative is similar to buying a condo. In both cases you share ownership with a community of homeowners. But, there is a very important difference between the two types of ownership. With a condo, you own the interior of your unit; but you share ownership of the common areas with... |
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How Can I Reduce the Stress of Buying and Selling a Home?How Can I Reduce the Stress of Buying and Selling a Home?How Can I Reduce the Stress of Buying and Selling a Home? Buying or selling a home ranks high on the list of stress-provoking situations. It's disrupting, uncertain, unsettling and time-consuming, not to mention expensive. Sellers whose homes sell quickly worry that they sold too low. Sellers whose homes take months to sell wonder if... |
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How Do I Get Ready to Buy a Home?How Do I Get Ready to Buy a Home?How Do I Get Ready to Buy a Home? Buying a home is an exciting experience. So exciting that some buyers rush to get started only to be disappointed months later when they're no closer to their goal of homeownership. Other would-be buyers find themselves immobilized by the fear of making a major financial commitment. In either case, you'll.. |
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How Do I Make a Retirement Move?How Do I Make a Retirement Move?How Do I Make a Retirement Move? Moving is rarely easy, but the thought of making a retirement move can be overwhelming. The physical and emotional realities of such a move are often complex. Few of us look forward to making a retirement move. It's usually seen as a necessity, not a matter of choice. However, in many cases, when you make a... |
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