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Elizabeth's Home Buying / Selling Blog July 2009 Archive

By Elizabeth Weintraub, About.com Guide to Home Buying / Selling

How Applying For a Mortgage Can Make You a Trigger Lead

Friday July 31, 2009
Chances are you may never have heard of the term trigger lead before today. While you’re wrapping up your home purchase, lenders are buying your information from your mortgage company. These ... Read More

How To Do a Property Search

Wednesday July 29, 2009
Every potential home buyers should do a property search before making an offer. It continually amazes me that some home buyers don't ask for background information on a property before writing ... Read More

How to Make a Short Sale Offer That Gets Accepted

Monday July 27, 2009
Although it's not really my job to explain to buyer's agents how to make a short sale offer, I often find myself in that boat. I know that out of every ... Read More

Does a Mortgage Broker Have a Fiduciary Relationship With Borrowers?

Friday July 24, 2009
You may be astonished to learn that your mortgage broker may not represent you. For the most part, professionals engaged by a buyer in the home buying process represent the buyer. ... Read More

Tips for Selling on a Land Contract

Wednesday July 22, 2009
Home buyers enjoy many advantages when it comes to financing real estate through land contracts. But sellers have more drawbacks. That’s not to say it’s not a good idea for a ... Read More

Why It's a Bad Idea to Interview 2 Agents From the Same Company

Monday July 20, 2009
A client walked into my office a while back and told me he was on a mission to interview agents before choosing his buyer's agent. That in itself was not peculiar, ... Read More

Evaluating Your Mortgage Lender is About More Than Interest Rate

Friday July 17, 2009
Many borrowers, after asking their mortgage lender questions, do not know how to evaluate the responses. Some make the mistake of asking only one question when interviewing a mortgage lender. And ... Read More

Tips for Handling Your Own For Sale By Owner Negotiation

Wednesday July 15, 2009
Not every seller is comfortable with for sale by owner negotiations, and that's one of the reasons most sellers hire an agent. There are times when it’s an advantage not to ... Read More

Top 5 Myths About Short Sales

Monday July 13, 2009
There is a lot of misinformation and short sale myths floating around in the industry today. From agents who don't sell short sales claiming any moron / agent can do it ... Read More

Now is a Good Time to Apply for a Home Equity Loan

Friday July 10, 2009
The time to apply for a home equity loan is when you don't need it and rates are low. Home owners often lament, "I've got a lot of equity but it's ... Read More

How to Use First Right of Refusal When Buying and Selling a Home

Wednesday July 8, 2009
When you have a home to sell before you can buy another, it can be scary to receive notice of first right of refusal. Sellers generally don’t advertise that a contingent ... Read More

How to Tackle Simple DIY Home Improvement Projects

Monday July 6, 2009
If you have an urge to launch a few DIY projects, you've come to the right place. I caught the DIY home improvement bug right after I bought my first home. ... Read More

What is MLS?

Friday July 3, 2009
My neighbor across the street told me I did not need to send her MLS listings because she could access them online. For a moment, I wondered if maybe she was ... Read More

Why Buyers Prefer Fixed-Rate Mortgages in Today's Market

Wednesday July 1, 2009
When interest rates are historically low, like they are now, a fixed-rate mortgage can be the best thing going. I’ll admit that I have used adjustable-rate mortgages in the past. But ... Read More

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