Real Estate Home Buying Information

Buying Homes
Today you can shop, price and compare most homes that are listed online.  There are many real estate companies that offer online real estate services.  Take advantage of the savings in fuel and time by viewing pictures of homes and prices from your personal computer. 

Some real estate sites also have web-based tours or showings of homes that are listed online.  The home buying process can seem complicated, but if you take things step-by-step, you will soon be holding the keys to your own home!

When Buying Your Home

First, you should investigate your housing needs and wants to determine what types of houses you should be considering.
 
 Learn who "The Players" are in a real estate transaction so that you will know who is responsible for what.
 
 Determine your financial situation as soon as possible. Get a copy of your credit report to see if there are problems or disrepencies that you need to deal with.

How Much Can You Afford? The Ginnie Mae Web site provides consumers with an on-line calculator that allows you to estimate the realistic price of an affordable home based on your income and assets.  What the government backed Ginnie Mae program does is guarantee investors the timely payment of principal and interest on MBS backed by federally insured or guaranteed loans.  This is a helpful site for home buyers.

 Become familiar with the mortgage process.
 
 Get pre-qualified from a mortgage lender. Be sure to do this first. Your real estate agent will need your mortgage qualification, and it will significantly strengthen your offer when you find a home. E-Loan is a great company to use for pre-qualification.

Find a Real Estate Agent that you trust. It is important to do this before you go rushing off looking for homes or you may end up with no representation.

House Hunting Time! Make a scorecard for each house.
 
When you find an acceptable house, write a contract.
 
Do your home work and negotiate your best deal.
 
Make a formal loan application.
 
Arrange for home inspection.
 
Arrange for closing agent or attorney.
 
Make plans for moving.

Secure your final loan approval and commitment from the lending institution.
 
Do a final walk through of the house.
 
Final closing and settlement.
  
Move into your new home!

The ease of Internet Home Buying  and "For Sale By Owner"
For Sale By Owner makes selling a home online, and on your own, safe and easy. Their selling strategies sell more homes than any other internet site in home selling. Best of all, your homes selling price is always determined by you, not a real estate broker who takes a 6% fee for selling your home.  They have a proven home selling record, unparalleled exposure, they are easy to use, they have affordable prices and the sale of your home is guaranteed.