My wife & I are looking at buying a home from individuals we know, so I'd like info. on buying a home, an overview of the process & terms, especially regarding a situation where you're buying from a person (rather than a realtor).
2006-11-29 10:53:13 · 3 answers · asked by TC 3 in Business & Finance ➔ Renting & Real Estate
There's lots of info on the web-congratulations for educating yourselves! Mortgages are very complicated these days too, so learn about those too. Try Yahoo Finance & MSN Money. Also search for buying real estate or mortgage information etc, realtors sites or mortgage brokers sites are fine for information-just don't sign up! If they require that, go to another site...also try "buying without a realtor", etc.
One more thing-be sure and compare houses sold in the neighborhood-it's a buyers market and my house that I just sold was appraised for $275,000 and sold for $235,000. Their house may not be worth what they think.
2006-11-29 12:29:08 · answer #1 · answered by Middleclassandnotquiet 6 · 0⤊ 0⤋
If you log onto http://www.justgetaloan.net you can get information about first time home buyers programs and some of the various terminology used during the process. You can also get a fast free pre-approval for great programs,service and low rates. Also you may contact me direct at 866 530 7300 ext 7305 or by email at jfreeman@justgetaloan.net for further assistance
2006-11-30 06:23:22 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No. All will try to get you to pay them $9.95 month for their *lists*. Better bet is call a local realtor that specializes in these homes and get a list from them.
2016-05-23 03:15:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋