Don’t Buy a Car – or Did You Already Buy One?
Debt-to-Income Ratios and Car Payments
How Buying a Car Reduces Your Purchase Price
Things Not To Do Before Buying a Home
No Major Purchases of Any Kind
Don’t Move Money Around
Should You Change Jobs?
Reasons to Delay Buying a Home
Why Buying a Home is a Good Idea
The Best Investment
Income Tax Savings
Stable Monthly Housing Costs
Forced Savings
Freedom and Individuality
The Business Cycle and Buying a Home
Recession and Expansion
Supply and Demand
What’s More important – Buying a House? Or a Home?
Why Search for A Realtor?
Should You Call the Listing Agent?
Agent’s Advertising – Is the Purpose What You Think?
Finding Your Own Realtor
Some Basics About the Search
How to Conduct the Search
Interviewing A Good Realtor
When the Agent Asks You for an Appointment
Looking Ahead – Buyer’s Remorse
Buying a Home With Resale Value – Location
Location, Location, Location?
Location – Local Community, Town or City
Location – the Local Neighborhood
Location – the Residential Neighborhood
Buying a Home With Resale Value – the House
A Home With a View?
Lot Choice and Landscaping
House Size
Bedrooms & Bathrooms
Closets, Garage & Laundry
Kitchen
Fireplaces
Swimming Pool?
Comparable Sales and Your Offer Price
Determining Your Offer Price
Comparable Sales in the Public Record
Comparable Sales in the Multiple Listing Service
Comparable Sales – Pending Transactions
Factors Affecting Your Offer Price
How Property Condition Affects Your Offer
How Market Conditions Affect Your Offer
How Seller Motivation Affects Your Offer
The Final Decision on Your Offer Price
Offering to Purchase Real Estate- the Basics
Introduction and Overview
Contingencies in a Purchase Offer
Earnest Money Deposit
The Closing Date
Transfer of Possession
Writing an Offer – Safeguards Regarding the Property
Disclosures From the Seller
Condition of the Property Upon Transfer
Inspections You May Require
Final Walk-Through Inspection
How Financing Details Affect Your Offer
Down Payment
Interest Rate
Closing Costs and Financing Incentives
Seller Financing
Cash Offers
How FHA and VA Financing Affects Your Offer
Extra Costs for the Seller
More Detailed (and expensive) Appraisals
You and the Seller Must Agree on Some Services
Settlement and Escrow
Title Insurance Companies
Termite and Pest Inspections
Buyer’s Remorse- Did You Make a Huge Mistake?
