Information for Buyers

Buying a home can be one of your most significant investments in life. Not only are you choosing your dwelling place, and the place in which you will bring up your family, you are most likely investing a large portion of your assets into this venture. The more prepared you are at the outset, the less overwhelming and chaotic the buying process will be. The goal of this page is to provide you with detailed information to assist you in making an intelligent and informed decision. Remember, if you have any questions about the process, we our a phone call or email away!

• The Best Investment
• Income Tax Savings
• Stable Monthly Housing Costs
• Forced Savings
• Freedom and Individuality
• More Space

• Don't Move Money Around
• The Effect of Changing Jobs
• No Major Purchases of Any Kind

• When Income Grows and You Want to Buy "Stuff"
• Debt-to-Income Ratios and Car Payments
• How Buying a Car Reduces Your Purchase Price

• Recession and Expansion
• Supply and Demand
• Should You Try to "Time the Market"?

• Determining Your Offer Price
• Comparable Sales in the Public Record
• Comparable Sales in the Multiple Listing Service
• Comparable Sales - Pending Transactions
• Other Factors Influencing Your Offer Price

• Introduction and Overview
• Contingencies in a Purchase Offer
• Earnest Money Deposit
• The Closing Date
• Transfer of Possession

• Disclosures From the Seller
• Condition of the Property Upon Transfer
• Inspections You Should Require
• Final Walk-Through Inspection

• Down Payment
• Interest Rates
• Closing Costs and Financing Incentives
• Seller Financing
• Cash Offers

• Extra Costs for the Seller
• VA and FHA Appraisals