How To Avoid Paying Too Much For Your Home - Tip #13, #14 & #15

SIMPLY PUT, PAYING TOO MUCH CAN JEOPARDIZE THE INTEGRITY OF YOUR INVESTMENT. HERE’S VITAL INFORMATION TO HELP YOU AVOID OVERPAYING FOR YOUR HOME.

A Special Report Prepared By: Erich Salas

Tip No. 13 - Once you’re ready to buy, move quickly.

Good properties move fast. Once you've made up your mind to buy a home and you’ve lined up your Realtor,® be prepared to make decisions quickly. If you find the right home today but aren't ready to buy until tomorrow, you may already be too late.

Tip No. 14 - Clarify who your agent is.

Make sure you know who the agent you’re talking to represents. Any agent has a responsibility to be open and honest with you and to let you know who he or she represents—the buyer, the seller or both.

Tip No. 15 - Ask for a written comparative analysis.

One way to ensure that you don’t offer too much for a home is to ask your agent to prepare a written comparative market analysis. A CMA will show you the sale prices of comparable homes in the neighborhood. It also lists the asking prices of other homes in the area currently on the market.

You may find that the asking price is above what comparable homes in the neighborhood are actually selling for. Or you might even find another home in the area that’s a better bargain. When you make an offer, you can use the CMA as evidence to show the seller why you believe your offer is a reasonable one.

Please feel free to call me if you would like further explanation on any of these topics, or if you have any real estate questions at all. I simply see my mission as striving to be as helpful as I possibly can to area home owners. I hope this special report provides the information you need to be an informed home Buyer or seller......

Erich Salas

www.ErichSalas.com