Russell Realty Minute

Making an offer on a house shouldnt be a guessing game. There are some basic steps you and your Real Estate agent can take to arrive at a price range and other terms that make sense.

A seller's concession is a means by which a buyer can finance their closing costs. In a nutshell, the buyer will be borrowing more money and increasing their monthly mortgage payment by a small amount over the life of the mortgage

Most home buyers are often eager to start looking at homes and tend to leave what they view as the unimportant process of obtaining a proper pre-approval to the last minute, here is why that shouldn’t be the case!

While pictures online can say a thousand words about a home, seeing it in person truly speaks volumes. Visiting a property is your first opportunity to “kick the tires.”

My friend is upset because I didn't hire her as my real-estate agent. Experts caution that hiring a friend as your real estate agent could backfire

A “CMA” or a comparative market analysis is an evaluation of similar, recently sold homes, often referred to as “comps” that are near a home intended to be bought or sold. Comparative market analyses establish the current market value of the home and are prepared by real estate agents.

Choosing an agent is a simple as finding one you trust, you connect with and feel understands your needs and wants.

Looking at homes online during the week is a great way to see what is available, however, the market moves so fast, that what you see available early in the week, may be off the market by the weekend, So booking your showings later in the week is always a good idea.

In the past several years, an explosion of online real estate listings services has drastically changed the way we look for homes. It's now possible, with a click of a mouse, to find the sales price of the home next door, search for listings in a given school zone and take virtual tours of homes you're interested in. Find out where and how to start your search.

Open Houses are as much for you as it is for the seller. Remember you are there to view the home and picture if the home fits you. Enjoy the process, take your time, and if you have questions that is the host is there for.

The only feedback a seller wants to hear is, “Are they going to make an offer?” and “Do you think it’s going to be close to the asking price?”

A home assessment is delivered by the town and is based on the amount they are taxed. So, your home tax is based on the house’s assessed value.

The process of buying a home can be overwhelming at times, but you don't need to go through it alone.This free eGuide will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home.www.freehomebuyerebook.com