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  • Benefits Of Using An Escrow Account When Buying A House


    As you are preparing to buy a house, your lender may ask you if you would like to set up an escrow account with the loan. An escrow account is a saving's account used to help homeowners pay their property taxes and home insurance. While some lenders require these, many do not; yet, there are some benefits of choosing to have an escrow account when you buy a house. They are convenient
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  • Buying A Home Remotely? Make Sure Your Agent Can Fulfill These Tasks


    When you plan to move to another city and plan to buy a home, it's not necessarily practical to travel to that city and begin searching for a property. Unless you have an abundance of time and enough money to stay in a hotel for several days, this isn't an approach that you'll want to take. In this scenario, partnering with a real estate agent becomes even more important. Take some time to research the agents in the city you'll be moving to and don't shy away from interviewing several over the phone.
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  • What Exactly Is a Title Search When Buying a Home?


    Buying a home is not something that happens overnight. In fact, it normally takes weeks or months for the process to completely go through, and this is because there are many steps that need to be completed. One step is something called a title search. If you have never purchased a home and are not sure what this is, here are a few things you should know. What is a title search?
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  • Home Pricing Mistakes That Can Delay Your Property's Sale


    When you have decided to sell your house, how do you decide how much to sell it for? Pricing real estate isn't easy, which is why you can easily make these three mistakes: Chasing the Market This phrase refers to the practice of making incremental price drops every time you feel your house isn't attracting the attention it deserves. You are likely to do this if you believe that your property's high price is the only thing keeping it from getting sold.
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  • Way Behind On Your Mortgage? Here Are Two Ways To Get Out


    Nobody takes out a mortgage with the intention of falling months behind on payments. But life happens, and things like putting food on the table and buying medication have to take precedent over making your mortgage payment. If you're months behind and just want to get out of the house to leave this chapter of your life behind, here's a look at your options. Let the bank foreclose. If you choose to do nothing and just keep missing payments, you'll eventually get a letter in the mail from your mortgage lender stating that foreclosure proceedings are beginning.
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  • Consider These Elements To Make Your Offer More Appealing


    Although you can typically expect a counteroffer once you submit an offer in an attempt to buy a home, you also want to make your initial offer as appealing as possible. Many people focus primarily on the price they offer, and while this is important, it's not the only thing that can make an offer appealing to the homeowner. For example, a seller may pursue an offer that has a slightly lower price but meets his or her criteria in other areas.
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  • Consider These Worthwhile Real Estate Investments To Increase Your Income


    Investing in real estate, provided that you take a careful approach, can be a strategy that is far more lucrative than other investing methods. Instead of putting your money into the stock market and having the outcome be dictated by things that are far beyond your control, you can hire a real estate agent to help you find a suitable rental property that can earn you some monthly income — and if you ever need fast access to a large sum of money, you'll be able to sell the property.
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  • Inheriting A Property With Your Siblings? Here Are Some Options


    When your last surviving parent passes away, you and your siblings will often inherit the parent's home if he or she continued to live independently until the time of death. You may be anxious to simply sell the property as quickly as possible and split the proceeds, which is certainly doable. However, there are a number of other options that may be suitable in this situation and are worth discussing with your siblings — and perhaps worth hiring a real estate agent to oversee.
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  • Negotiating Strategies That Could Scare An Interested Buyer Away


    Negotiating in the world of real estate can be a process that involves a high degree of tact. When you're selling a home, you may have to go through a lengthy period of negotiation with an interested buyer before the sale is finalized. During this process, there are ample opportunities to make seemingly innocent mistakes that could end up scaring the buyer away. It's important to seek the advice from your real estate agent at every step of the negotiating process, as he or she is trained and experienced in this realm and will be able to increase the likelihood that the negotiation goes well as results in the sale of your home.
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  • Make Your Home For Sale Look And Feel Secure With These Strategies


    When you hold an open house for your home for sale, the people who attend will be evaluating a variety of factors. One of the things that will often be in prospective buyers' minds is whether your home feels secure. An open house gives you the chance to show that your residence is indeed secure without necessarily emphasizing it overtly. Instead, adopting a number of simple strategies will subtly show those who attend the event that they feel secure in your home — and that, in part, may compel them to make an offer.
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