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Eight Insider Tips For Home Buyers

by Ashlie DuCros

Eight Insider Tips For Home Buyers

1. Be a Pre-Approved Buyer: A pre-approved buyer always has the advantage in an offer situation. Becoming pre-approved is very easy: you complete your loan application with a credit check prior to beginning your home search process. Pre-approval means that you have actually been approved for the purchase by a lender, which gives you the edge in home purchase negotiating.

Image: What Ever Home Buyer Should Know

2. Beat The Competition to The Best New Listings: The search process can be both fun and trying. You will notice that some homes sell very fast and others hang around for long periods of time. The best homes at the best prices sell fast. Keeping on top of this is essential. Connect with a professional Real Estate agent that knows the market and keeps you updated.

3. Do The Research: Make yourself a "home value expert." Investigate the areas and price ranges for the kind of home you are looking for. Get a good idea of the price ranges these homes sell for and how long the market time is for them. Your agent is a great asset here.

4. Have Your Offer Presented in Person: Your agent represents you and your best interests. To adequately do this, make sure that your home offer is presented by them directly to the seller. The personal touch will give you the edge. Your agent also might pick up critical information during this meeting.

5. Prove That You Are a Serious Buyer: The best way to accomplish this is with strong earnest money. This might mean that you put 5% or more down to get the sellers attention.

6. Don't Go Crazy: Even in a hot market, be cool and calculated with your decisions. A knowledgeable agent can really help you here. Your home purchase may be your single largest investment. It is important to make sure that you get the best deal possible. Overpaying now will make it harder to get your value back when you sell.

7. Keep Your Offer Simple and Clean: Make sure that your contract to purchase is simple, clean and not bogged down with unnecessary contingencies, especially repairs. Keep the time frames of repairs and responses to a minimum. The cleaner your offer, the more interested the seller will become. This may help you purchase the property at the best price.

8. Don't Wing It Alone: What you need most in today's complex marketplace is an experienced and professional real estate agent who represents your interests only. No matter how heated the competition or the negotiations, a professional agent will represent your best interests, keep you from paying too much and help you maximize your investment.

Are you looking for an agent to represent you and your best interests? You, the home buyer, pay nothing for a professional agent. Their fees are paid for by the seller. Click here to contact us today and find out how we can help you find the most house for the best price.


Financial News Icons Say Now Is the Time to BUY!

by Ashlie DuCros

Many buyers are wondering if they should wait to purchase a home. Find out what these financial icons says about waiting or buying home in today’s market place.

 

Financial News Icons Say Now Is the Time to BUY! 
 
June 7, 2011
 
Always on the search for news and information that can help people make an informed decision on buying and selling real estate, today's article gives you insight from Financial News Icons that Say... Now Is the Time to BUY!
 
From today's Keeping Current Matters Blog
 
We received some tough news on housing last week. Prices are still softening. There was a lot of negativity surrounding these reports. The news caused more consumers to be concerned. However, the real question is what this means to you and your family. This could actually be great news if you are buying (either as a move-up buyer or a first-time buyer).
 
We don't want you to take our word for this. Instead, here are excerpts from articles published last week by two of the country's iconic financial publications: The Wall Street Journal and Forbes Magazine.
 
The Wall Street Journal: Why It's Time to Buy
 
"Despite all the gloom, there are growing indications that it is a good time to buy... The long-term benefits of homeownership remain very much intact. For now, at least, you can deduct the mortgage interest on your taxes-a big perk for people in higher tax brackets. You get to paint your walls any color you wish, without having to clear it with a landlord. And assuming you can buy a home for about the same price as you can rent one, buying will give you the ability one day to live rent-free. Come retirement time, a paid-off mortgage means your monthly expenses are significantly reduced, and you have a chunk of equity to play with."
 
Forbes Magazine: 9 Reasons to Buy a House Now
 
"If you're planning to buy a house right now, the next few months may be the best time to buy... With a convergence of the factors (mentioned in the article) all of which are favorable to the prospective home buyer, there may not be a better time to buy than right now. It's a buyer's market, but like everything else in life, the bargain deals won't last."
 
Bottom Line
 
When the Wall Street Journal and Forbes have articles saying now is the time to buy, maybe it's time to buy.  Please contact  me for more information ADucroshomes@gmail.com, or go to AshlieDuCros.com

 

 

June 2011 - Orange County Stats

by Ashlie DuCros

June 2011- Orange County Stats

June 2011 Orange County Stats: # Of Homes For Sale vs. Homes In Escrow

 

City:

 

For Sale:

 

In Escrow:

Yorba Linda

375

153

Brea

99

65

Fullerton

417

229

Anaheim Hills

196

100

Newport Coast

137

28

Orange

439

239

Irvine

841

437

Laguna Beach

352

69

 

For questions please contact me at 714-743-9778 or log on to www.ashlieducros.com

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Ashlie DuCros & Associates
Coldwell Banker Previews Global Luxury
21580 Yorba Linda Blvd.
Yorba Linda CA 92887
714-743-9778
Fax: 714-849-5489