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Buying
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Buying a House - First 3 Steps
Before buying that first or next home, there are 3 things you should really do before calling your real estate agent or mortgage broker. It is important to understand where you are financially before your heart becomes set on that perfect house. By figuring out your net worth, your monthly budget, how much debt you pay every month and what your Gross Debt Service (GDS) and Total Debt Service (TDS) ratios are you will have a better understanding on how much you can afford on that new house.
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Tampa Bay Real Estate - Hot Market - Promising Future
There are lots of reasons to relocate to the Tampa area in Florida. Low property taxes and the absence of state income tax, lowers the overall cost of living in Florida. The housing costs are lower than in many other areas due to these factors and many more.
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Real Estate Agents and Home Loans
Many real estate agents are used to helping people obtain home loans to purchase their dreamed property. Not all of them however have expertise on home loans for bad credit applicants and unfortunately, others have agreements with specific lenders that tend to overcharge borrowers for financing even if they show a clean and perfect credit score and history. Thus, you need to take some precautions...
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The New Whatcom Project
For years the Bellingham downtown was seen as an industrial area. With heavy industry dominating much of the waterfront there was little room for development. This, however is a situation that has changed. The revitalization of the Bellingham waterfront is underway!
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Making an Offer on a Home
So you've found the home you want to buy. Now what? You need to make an offer to buy the seller's house. Your real estate agent will have the forms you need, and he or she will talk with you to decide what terms you want. Your agent will then write the offer for you.
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Holiday Home Mortgages - A Solid Property Investment
If you've ever fancied being a property investor and you've always dreamt of having your very own place in the sun, why not combine the two and get a holiday home? Holiday home mortgages give you the chance to own a solid investment as well as have a bit of fun too!
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A Structured Approach to Buying a Home - Part 2 - Your Needs
The exercise of buying a home starts by questioning yourself about your needs - needs regarding amount of space required, the amenities you need, the environment in which you would like to live, whether you want a new house or an old house and the amount of compromise you are prepared to make on any of these points in preference to the cost. So put away your dreams and put down on paper your basic needs.
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The Costs of Closing
Whether you are buying or selling, closing a sale can be costly. There is a lot to think about above and beyond what the mortgage payments will be.
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Save Yourself Thousands of Dollars with a Home Inspection
Note that you are looking for a great home inspector. A home inspection is truly only as good as the inspector conducting it. You should take hiring a home inspector as seriously (or more so) than you’d take hiring any other professional who has your life in their hands.
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