Monday, March 23, 2009

Top 3 mistakes buyers make...

Avoid the 3 most common mistakes done by buyers!
Make your search for a new home a pleasant experience, these are some tips that can help you begging your hunt.

Mistake #1 : Looking for the home before determining t if they qualify or not !

Step 1: Determine your price range.
In order to determine how much you qualify for , you must first meet with a banker. The loan officer will review review your financial statements, credit, assets, and yearly income will help determine if you are qualified to buy a home at this point. You want to make sure you can pay your monthly payments comfortably . After all it will be a 30 year agreement!


Mistake #2: Not knowing the most recent sales in the area they want to buy !

Step 2: Research the area
Queens is a large county. You can bee surprised with the wide spread of homes and prices. The price will vary according to location, condition and proximity to the transportation.
Do your own research on the area that you are interested in. Don't let any one tell you want the homes are selling for. This may be a critical part in your process. This step can help you negotiate better and make at quick decision when you find the "real deal". Search for schools, transportation, and all other determining factors to your decision.

If you go to www. 718Homes.NET you can research all Queens properties for sale . On this site you can also, instantly preview the most recent comparable sales in any area of Queens . Open a free account and start your search today.


Mistake #3: Working without an exclusive agent !


Step 3: Call an Agent
Interview with at least 3 agents and select and agent to work with. Working exclusively with an agent can work toward your advantage. The agent will be able to save you time and money in your search. All real estate agents now have access to 95% of the inventory available for sale. The agent will be able to give you more insight in the area and any liens or violation in the property. They can also help you negotiate the home you like.


Lina Lenis
Charles Rutenberg Realty
917 658-2745
http://www.718homes.net/