Buying a Home Can Make You Rich Slowly
Published Tuesday, July 18, 2006 by Real Estate Pro.You're not buying a house just to flip it and make a quick buck. In the beginning, Bach explains the Philosophy Behind the Automatic Millionaire Homeowner: You can't get rich renting; you don't need a lot of money for a down payment on a home; you don't need good credit to buy a home; you should buy a home even if you have credit card debt; you can build a fortune by buying just a few homes over the course of a lifetime.
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Buying a Home Can Make You Rich Slowly
Who Wins: Discount Brokers or Six Percenters?
Published by Real Estate Pro.As far back as 2004, the smartest realtor I know told me he wouldn?t pay IAC for client leads because RealEstate.com referrals were always for buyers, and he had all the buyers he needed. The much more ominous thing for highly paid brokers is that now nearly a quarter of buyers, according to the head of one discount brokerage I interviewed, buy a specific home they found online themselves.
Tagged: equity
Who Wins: Discount Brokers or Six Percenters?
Housing Market: Double Agents
Published Sunday, July 16, 2006 by Real Estate Pro.Kenneth Harney at the Washington Post brings us a tale of realtors playing both sides of the transaction in an effort to get their precious commission. If you don't trust them to mess up your Big Mac order, why would you trust someone with even less training--and more incentive to pad their own pockets--to ensure you sell your home and buy for the best price possible?
Tagged: Mortgage
Housing Market: Double Agents
Buying and Selling: How To Trust Your Realtor
Published Saturday, July 15, 2006 by Real Estate Pro.Do they have any reports on them from the Better Business Bureau? (Yeah, yeah, I know these may just be rubber stamps, but it's better than trusting Joe's Chicken Shack Realtor!) Check the news, public records, anything and everything you can find to get proof your realtor is legitimate and honest. Know your realtor like you know yourself, and don't be afraid to ask questions, find out data, and play the skeptic.
Tagged: equity
Buying and Selling: How To Trust Your Realtor
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Published Tuesday, July 11, 2006 by Real Estate Pro.With the changing housing market, the topic of "Short Sale" is being brought up on Realtor message boards. Here's what a Short Sale is....
They put the house up for sale and get an offer that, when all costs of selling the home are deducted, is lower than what they owe to the lender. Instead of going into foreclosure, the lender accepts the lower amount.
Tagged: Mortgage
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Published Wednesday, July 05, 2006 by Real Estate Pro.The Risks of Being a Realtor Just in the past few days, there have been 2 incidents of Realtors being assaulted. If a Realtor asks you questions before agreeing to meet you to show properties, don't think that all they are doing is trying to see how real of a Buyer you are. Sure, they don't want to waste their time if you are already working with another Realtor or have not talked to someone about a mortgage to see what you qualify for.
Tagged: Mortgage
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- Who Wins: Discount Brokers or Six Percenters?
- Housing Market: Double Agents
- Buying and Selling: How To Trust Your Realtor
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