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18960 : Real Estate Advice

  • All5
  • Local Info0
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 5
Fri Mar 29, 2013
Margaret White answered:
Hello - I am glad to hear your question phrased in such a way that you understand the "local" nature of real estate.......and that you are not just listening to national news for your information about real estate trends.

The best thing I can tell you is that the market is healthier than it was last year. While there is more activity with buyers out looking, the pricing has yet to show appreciable change.....but every indicator is showing that we WILL see an improvement in pricing this year, even if it is slight. Although this exciting spring market has just started, I can't wait to see how it finishes.....

To answer your question more specifically, I would need to know what segment (price range) of the market you are most interested in. The lower the price point, the more quickly I believe you will see an increase in prices. The higher the price point, the slower the change.

Remember change comes slowly. My mother always said, "Patience is a virtue!" This is especially true in real estate! Let me know if you want to talk specifics. I'm happy to help.
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Sat Dec 8, 2012
Manish Modi answered:
Yes, if it does not bother you get free help, as buyer's agents gets paid by seller's agent but have full loyalty towards buyer. Which makes this whole equation easy. Being loyal and open to your agent is equally important. Buyer's agent will invest a lot of time, milage and energy in finding a property that suites your need, guiding you through whole procedure of procurement and preparing paperwork and negotiating deal for buyer without buyer paying any out of pocket expense. Mostly any licensed real estate agent can do this work for you but you need to find one you feel comfortable with. You will need to sign a contract and give authority of representation to the agent of your choice and that agent should be able to not only find right property but make your life easy through whole process.

Wish you the best for home hunting!!
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Tue Dec 4, 2012
Manish Modi answered:
If I am you I wouldn't do it myself for the very first time. I was in the same situation years back and I wasn't a Realtor at that time. I got a professional help and even after paying a month's rent worth of fee I saved lot of money and hassel of learning "new stuff". I also learned a lot at that time. Second time on, I knew exactly what I was doing. The process includes showing property, rental application, credit and background check, preparing and signing lease, handling deposit money etc. One month's rent is standard fees apart from some credit check fees ~$50. But trust me, it's well worth it for a first timer. ... more
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Mon Jun 4, 2012
Annette Levinson answered:
Why do you need to buy down the mortgage rate? Did the mortgage officer go over all your options? If not find another one.
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Sun May 31, 2009
Frank Dolski answered:
Teri,

As the other Realtors have indicated, you should be seeking advice from your Realtor and/or perhaps an attorney. I know that most Brokers have legal counsel that may be able to direct you as well.

Gool Luck!

Frank Dolski
Associate Broker
Coldwell Banker Hearthside-Realtors
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