Influences in the process of buying real estate

October 17, 2010 at 2:32 pm Leave a comment

There are some things to consider when you are interested in acquiring property, even if it’s a first home, a vacation home or a plot of land. Especially after the burst of the real estate bubble, things have become instable.

There are a bunch of things that can influence you when you get involved in this process.

1. Finances. Money really makes the world go around. Establish first how much you can afford before you buy. Don’t spend money you don’t have by creditting. That’s how the bubble started.

2. Mortgage.  Shop around for the best real estate interest rates.  Talk to at least five real estate agents or brokers and compare their offers.

influences in the process of buying real estate3. Real Estate Agent. Ask family or friends for references of good real estate agents. If they liked them, why wouldn’t you? 🙂 However, it’s recommended that you go further and research the company of the agent on the Internet. Maybe you will find some interesting listings posted online!

4. Keep a record of home you visited and analyze the listings thoroughly so you can find the perfect home with the perfect price.

5.  Don’t forget to prepare a counter offer if your first offer is refused!

6. A lawyer would be a good assett when drawing up the papers. He can help with this!

That being said, happy shopping out there!

 

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Entry filed under: Housing, Real estate, Tips. Tags: , , , , , .

Spanish urban development was centered on land speculation New heat on the Spanish real estate market!

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