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  Need good sources for first time home buyers
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posted
I just got married and am looking to buy a home. But I thought a bargain won't be worth much to me if I didn't make the right decisions around my purchase.... I think this article got me on right path... http://bit.ly/pghviU What do you think?

Anything else? Are there any other good sources you people have?
 
Posts: 1 | Registered: Aug 03, 2011Reply With QuoteReport This Post
Picture of real estate lady
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Us people? LOL.
While your article has some basic advice seems it was written by a "greenhorn". All Realtors are not male.
If a seller waits for a pre-approval (approval process) letter without a contract, that seller is getting bad advise----- waiting the wait to accomodate . May miss other buyers with pre-qual letters - ready willing and able.

The article's website is associated with Prudential Starck Realtors in Naperville, Missouri. May be a buyer/seller lead service...
how are you associated with them?


I smell solicitiation.
 
Posts: 8918 | Registered: Aug 14, 2007Reply With QuoteReport This Post
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If you compare what you'll learn from reading the posts here and reading that article, the article comes out a very poor second. Before DH and I started house-hunting, I visited the 3 buying/selling boards on an almost daily basis. Learned a lot from the various realtors, like REL, about a wide variety of topics. As a result, my buyer's agent loved me. I knew what was appropriate, I didn't waste HER time with nonsense and respected HER valuable opinion and attention.

I have to agree with REL. That article doesn't begin to cover what first time buyers ought to know and feels like the "carrot" to lead people to this particular realtor.
 
Posts: 60 | Registered: May 10, 2010Reply With QuoteReport This Post
Picture of ellemint
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Check out the website for your state's Real Estate Commission. They have lots of good info.

Like this, which is a very good guide:
Guide to Buying and Selling Homes

Also, I agree, there are several professionals on these boards like Real Estate Lady, with a wealth of knowledge, who have provided me with invaluable advice.

This message has been edited. Last edited by: ellemint,
 
Posts: 469 | Registered: Jun 12, 2010Reply With QuoteReport This Post
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This is another very thinly veiled attempt at soliciting. This is there eal name.
http://www.connectionsinrealestate.com/
There are ways to make web site addresses look like something different. Here is another addres for the same site:
http://tinyurl.com/3utl9cd
Sue the author of the article cited seems to run the web site. Please correct if I am wrong but I think you have been busted Sue.

This message has been edited. Last edited by: happy 9,
 
Posts: 268 | Registered: Jan 01, 2011Reply With QuoteReport This Post
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The article looks ok, a little basic of course. Talk to your realtor and have them walk you through the most important parts. If you feel like you are being rushed into buying something, find a new agent. Remember to get a home inspection. :-)
 
Posts: 42 | Registered: Aug 06, 2011Reply With QuoteReport This Post
Picture of Charming
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Well Shawn, you may think you are, but a professional would obey the rules of the website.
 
Posts: 2930 | Location: Coastal SC | Registered: Jan 10, 2006Reply With QuoteReport This Post
Picture of real estate lady
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Hi Charming How did you weather Miss Irene.... thought about you..
 
Posts: 8918 | Registered: Aug 14, 2007Reply With QuoteReport This Post
Picture of Charming
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quote:
Originally posted by real estate lady:
Hi Charming How did you weather Miss Irene.... thought about you..


Thanks - No problems here. Knock on wood - we rarely get direct hits. We had some wind gusts up to about 35 - 40 mph and about 6 inches of rain.

My sister who moved away from the coast up to Virginia was without power for about 20 hours.
 
Posts: 2930 | Location: Coastal SC | Registered: Jan 10, 2006Reply With QuoteReport This Post
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A home is an investment. When you rent, you write your monthly check and that money is gone forever. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes. This will save you a lot each year, because the interest you pay will make up most of your monthly payment for most of the years of your mortgage. You can also deduct the property taxes you pay as a homeowner. In addition, the value of your home may go up over the years. Finally, you'll enjoy having something that's all yours - a home where your own personal style will tell the world who you are.
 
Posts: 17 | Registered: Aug 17, 2011Reply With QuoteReport This Post
Picture of real estate lady
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great news Charming.
 
Posts: 8918 | Registered: Aug 14, 2007Reply With QuoteReport This Post
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Well, I found the site interesting. It appears to be a work in progress that could easily evolve into a terrific web site with tons of information.

What I didn't see was why some were accusing the original poster of solicting. What was the solicitation? Just curious.
 
Posts: 474 | Location: mi, usa | Registered: Apr 10, 2003Reply With QuoteReport This Post
Picture of real estate lady
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Website is associated with a real estate firm.
 
Posts: 8918 | Registered: Aug 14, 2007Reply With QuoteReport This Post
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Everyone wants to live in a dream house. Before buying a home figure out how much, you can afford. When you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes.
 
Posts: 12 | Registered: Oct 25, 2011Reply With QuoteReport This Post
Picture of real estate lady
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Good point.. while the buyer could very well qualify for a home higher in price, buyer should tell lender what payment is comfortable and work from there to determine sales price of search.
 
Posts: 8918 | Registered: Aug 14, 2007Reply With QuoteReport This Post
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Hi NickiM2,

I actually just started a website for exactly what you're looking for. It's a website dedicated to young home buyers/owners. I'm always adding great free content. Check it out!
www.younghomeownersguide.com

Best Regards,


buying a home or new to homeownership? Check out my website at: www.younghomeownersguide.com
 
Posts: 3 | Registered: Jun 30, 2012Reply With QuoteReport This Post
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I know you think that you have been very clever BUT you are being just a bit too obvious with all of the "new" posters so, a word to the wise, knock it off.

Way too obvious and the rules are clear - no advertising - and that means you - including posting new threads geared to posters who are "hungry" for the words of wisdom you claim to have in your new web-site.

Maybe so, maybe not but please honor the rules here. NO ADVERTISING - do I need to repeat myself? I hope not or, next time, I will be clicking the report button....
 
Posts: 6254 | Registered: Jan 01, 2008Reply With QuoteReport This Post
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sooo tired of BS. especially elemint types
Especially those who prey on vulnerable.
Local Govt offers FREEE semi annual classes.. even in my town of 45K.


REL, you've been contributing here for years, why now distraction = a giagantic photo?

This message has been edited. Last edited by: tessa89,
 
Posts: 5016 | Location: NE of S.F. | Registered: Apr 13, 2006Reply With QuoteReport This Post
Picture of ga.karen
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tessa, the LARGE avatars happened when "the powers that be" "fixed" the board recently...again! That's also why our smileys don't work either! ((eye roll))


"The soil is the source of life, creativity, culture and real independence." David Ben-Gurion
 
Posts: 2917 | Location: SW Ga. 8a/b | Registered: Apr 21, 2011Reply With QuoteReport This Post
Picture of mortgageman283
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Well I would look into programs provided by the county the property is in. Also get a preapproval letter and get different finance program options.


David Ortiz
Sr. Loan Officer
Vantage Point Bank
100 Witmer Road., Suite 140
Horsham, PA 19044
P: 561-398-3979
F: 815-349-0625
Email: David.Ortiz@vantagepointbank.com
Web: www.vantagepointbank.com
NMLS #:940177
 
Posts: 3 | Location: United States | Registered: Jul 09, 2012Reply With QuoteReport This Post
Picture of real estate lady
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If you read the rules mortgage man...we in the business are not allowed to solicit.
 
Posts: 8918 | Registered: Aug 14, 2007Reply With QuoteReport This Post
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