Tagged : financing

Found 2 blog entries tagged as "financing".

If you are thinking of buying your own home anytime soon, then you had better get a pile of cash ready. It should be a huge pile. In the first quarter of 2014, all-cash deals of home sales skyrocketed to an all-high of 43%, according to information provided by RealtyTrac. You will really appreciate this growth when you realize that it was 19% all-cash sales back in 2013, and that was the highest since RealtyTrac started its recording of deals in the beginning of 2011.

Analysts have attributed this to two primary factors. One is the stricter lending standards that have been put in place. These lending barriers make it difficult to secure a mortgage and fierce competition among buyers. Another factor that favors the buyer carrying a bag of cash is the

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If you aren't enlisting the knowledge of a trained real estate agent when you buy a house, it's important that you know the ins and outs of how sellers settle on a price point for what they are selling. They will often get the help of an appraiser for this, but since prices are always negotiable, it isn't necessarily set in stone.
If you want to make sure you're getting a fair price for a home (and give yourself a good idea of where to start the negotiations), here are some quick and cheap tips for figuring out if your dream home is priced like one, too:
• Research similar homes
Looking at homes built in a similar style, around the same time period, and in a comparable location can give you a good idea of what your prospective home is worth. Granted, the

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