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Middlefield : Real Estate Advice

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Tue Sep 28, 2010
Terry Bell answered:
Well, this is why you need a good realtor by your side, because when a house comes on the market that you're interested in, you want to have a great professional by your side! When my clients see something that peaks their interest, the first thing I do is to look up the property and then find out what comps have sold for in the neighborhood. The housing market is a lot like the stock market, you have to watch it over time and know when the moment to act is. Your agent will probably call the listing agent and see whether they have other offers coming in, and whether it's bank owned, short sale or a regular sale. All of this information has to be analyzed by your realtor so that they can be able to give you an idea of what your options are at that point. And what if you don't have your pre-approval letter ready from your lender? You have to have all your ducks in order. Best, Terry Bell, CPS Real Estate, Santa Rosa, CA ... more
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