Archive for the 'First-Time Home Buyers' Category

The perils of online real estate transactions

A New York Times article that features buyers who were burned by buying property on the internet was particularily interesting to me. Some important lessons to be learned from the article that are appropriate for all buyers are: Read the rest of this entry »

1st Time home buyers, get an agent BEFORE you start looking

Please please please! I just found out a friend of mine in Wisconsin that I haven’t spoken to for a while was on the verge of buying a house, but it fell through. Apparently, he tried to buy a house in Wisconsin for $212,000, but had problems with financing after it got appraised for only $152,000! Read the rest of this entry »

The Final Walkthrough

Things to remember and do at your final walkthrough.

Homebuyers, its important to do a final walkthrough after you and the seller agree to the terms of purchase, and before you close on the house (when its too late). Although there are some differing opinions about when the final walkthrough should occur, I believe it should be done the day before closing or the morning of closing. Read the rest of this entry »

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