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Avoiding Buyer's Remorse
Many home buyers suffer remorse once the offer has been accepted and the real estate transaction has been launched: there are ways to avoid falling into the home buying remorse trap, and building your confidence so that you know that you've made the right decision.
There are far too many factors to consider when viewing any property to be able to make adequate mental notes: here is a comprehensive checklist that you should endeavour to fill out in its entirety for any property on which you are seriously considering placing an offer.
How Buying A Car Reduces The Amount Of Mortgage Funding
Few first time home buyers are aware that their obligation to a sizeable vehicle loan payment can actually reduce the amount of money that they are able to qualify for in a mortgage loan by $50,000 or much more.
How Current Market Conditions Can Affect Your Offer Price
What are the differences between a Seller's, Buyer's, and Balanced Market, and what are the various factors you have to consider when you are making that extremely critical determination as to how much you are willing and able to offer for the home of your dreams?
Failing to place the proper contingencies (also referred to as conditions) in an offer can result in massive financial and legal entanglements: these are the questions that you have to ask before finalizing any offer about the various contingencies that can protect you from disaster.
The process of placing an offer can often be convoluted and complex, and the negotiations can be truly exasperating. In cases such as this it is important to keep your emotions at bay, your eye on the prize, and exercise patience and rational common sense.
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