All Posts Tagged With: "buying a home"
The Pitch – Are buying agents necessary?
Jennifer McClelland | RSS | Tue, Oct 27 2009 | 1 Comment
Do you need to have a buying agent when you go to buy a house??
Question:
When you’re looking to purchase a new home do you find it easier to have an agent represent you and help you complete the transaction?
Answer:
There are a lot of new houses just sitting on the market along with many used homes up for sale. Most of these houses are listed with an agent who is known as the listing agent. They represent the seller and will do what’s right for the seller.
Do I think that you need to have a buying agent to represent you if you’re buying a home? No, but should you have one to have someone on your side, yes.
When we bought our house we didn’t have a buying agent, but the sellers listed the home for sale by owner. It was quick and painless.
Have an idea or want us to use your pitch in the next issue? Then, make a submission on The Pitch Page. Related posts:
What to ask when picking a selling agent for real estate.
The Pitch – Are you ready to sell your house?
Tags: buying a home, submission, next issue
Rules to follow when buying a new home
Jennifer McClelland | RSS | Fri, Sep 18 2009 | 7 Comments
After the housing market collapsed, followed by the credit crunch, it became quite difficult for people to buy homes. However, now, while still tight, it is becoming easier (than a few months ago) to find a mortgage. So how do you know what to get and what will you be happy in?
Here are some tips from the New York Times:
1) Start with the basics. Put 20% down on your home, get a fixed rate mortgage, and make sure that your mortgage is no more than 35% of your pretax income.
2) Consider your income. Being overconfident in your income will only get you in trouble when it comes to buying a home. You need to make sure that you’re still able to save money every month in addition to paying the mortgage.
3) Bow to the Unknowns. There may come a time when you decide to have children or change your career. If or when this happens, you need to make sure that you’re not caught up in a mortgage that keeps you from doing what is truly rewarding to you.
4) The 8 Hour Rule. If you can’t sleep through the night because you’re worried about how much you’re going to pay for the mortgage or worried about how to pay for the mortgage you shouldn’t be getting the house. If you have to take sleeping pills to help yourself get to bed at night, then perhaps it’s time to rethink the entire home purchase.
There are three more rules along with much more detail about each tip at the article source at the bottom of the post.
I think that there are a lot of things to consider when buying a home; all of these tips are great. Mortgages are not something that should be entered into lightly and should really be thought about because when you’re unable to pay your mortgage then you’re going to have credit problems for a long time and you will also find yourself in a lot of heartache about what was supposed to be your “dream”.
Related posts:The Pitch – Are you worried by the drop in average home price?
What does it really cost to own a home?
The Pitch – Are buying agents necessary?
Tags: collapse, mortgages, buying a home
Today’s Ebook – Get the Facts on Saving and Investing
Chris McClelland | RSS | Fri, Aug 21 2009 | 2 CommentsToday’s featured e-book download is Get the Facts on Saving and Investing (7.0 MB, 32 pg) – From the SEC. A road map to start you on a journey to financial security through saving and investing. Use this guide helpful tips and worksheets for calculating net worth, income, and expenses.
What you can learn from this booklet
No one is born knowing how to save or to invest. Every successful investor starts with the basics—the information in this brochure.
A few people may stumble into financial security—a wealthy relative may die, or a business may take off. But for most people, the only way to attain financial security is to save and invest over a long period of time.
Time after time, people of even modest means who begin the journey reach financial security and all that it promises: buying a home, educational opportunities for their children, and a comfortable retirement. If they can do it, so can you!
To download this e-book, or any of our current e-books, please visit the ebook page where you may choose the e-book(s) you wish to download. *Download an e-book by clicking on it’s title.*
Related posts:Time Saving or Money Saving
Tags: educational opportunities, e books, ebook download
The Pitch – Do you need a buying agent to buy a house?
Jennifer McClelland | RSS | Tue, Jul 28 2009 | 0 Comments
Do you need to have a buying agent when you go to buy a house??
Question:
When you’re looking to purchase a new home do you find it easier to have an agent represent you and help you complete the transaction?
Answer:
There are a lot of new houses just sitting on the market along with many used homes up for sale. Most of these houses are listed with an agent who is known as the listing agent. They represent the seller and will do what’s right for the seller.
Do I think that you need to have a buying agent to represent you if you’re buying a home? No, but should you have one to have someone on your side, yes.
When we bought our house we didn’t have a buying agent, but the sellers listed the home for sale by owner. It was quick and painless.
Have an idea or want us to use your pitch in the next issue? Then, make a submission on The Pitch Page. Related posts:
The Pitch – Are buying agents necessary?
What to ask when picking a selling agent for real estate.
The Pitch – Are you ready to sell your house?
Tags: for sale, homes for sale, new houses
