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how to buy a house Essay

  • Submitted by: isasara
  • on December 5, 2008
  • Category: Miscellaneous
  • Length: 1,213 words

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Below is an essay on "how to buy a house" from Anti Essays, your source for research papers, essays, and term paper examples.

How to buy a home

Dear Friend;

I heard that you are planning to buy your first house recently. Being a first time house buyer you might not know the importance of making the decision and the procedures that you need to go through. Therefore I thought of providing you with some information that might be very useful before buying the house.

Useful Information for buying a house

I know that when it comes to buying real estate properties, proper preparation is one of the keys to success. First, you don't want to find yourself in a neighborhood you don't like, because you don't want to be making mortgage payments on a house in which you are uncomfortable. Second, you don't want to waste your time falling in love with the house you can't afford. One of the most important tasks will be determining your needs. It can help to avoid either a bad disappointment or the pain of buying a house than you can’t afford. Distinguishing needs from wants will go a long way in preventing expensive mistakes in the house buying process. It will save a lot of aggravation and possibly a great deal of money when buying a house. Spend a few hours determining precisely what your needs are before you begin your house search. If you haven't already done so, investigate your housing needs and wants to determine what types of houses you should be considering.

Odds are strong that you will be working with Real Estate Agents when you buy a house, therefore before you go on a house search; familiarize yourself with how agents work and most importantly, who they represent. Thousands of buyers have made the huge mistake of assuming that the agent with whom they were working represented them in the transaction, when, in reality, the agent represented the seller. Learn who the players are in a Real Estate transaction so that you will know who is responsible for what. Once you have found a home that you are prepared to buy, the first step in your process of negotiation is to determine the...

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