Top 10 Places To Buy In 2011 – Part 1

By Lindsey, on February 27th, 2011

I came across an article recently on walletpop.com that gave “Top Tens.” Of course they had the top 10 locations to buy a home in 2011. These are not order-specific and I believe them to be somewhat biased. I will let you decide for yourself.

Austin

1. Best All Around City Winner: Austin, TX

Average Home Price: $119, 788. This city is the capital of Texas as well as home to many good colleges, making it a great college town with a lot of diversity. Their unemployment rate is about 2% lower than the national average. It is a beautiful city (I know, I have been there) and the job growth over the last decade has increased by roughly 14%. The riverwalk is a beautiful place to stroll and the food can’t be beat.

Broomfield County

2. Best Job Winner: Broomfield County, Colorado

Mark Udall Passes Credit Score Bill

By admin, on May 20th, 2010

Per a letter from Mark Udall “Earlier today, the Senate passed my amendment to the Wall Street reform legislation currently on the Senate floor. This bipartisan amendment will put consumers back in control of their own financial information by allowing them to get their credit score…for free.

Today, the system is stacked in favor of banks, credit card companies, and other lenders or businesses with ready access to your credit score that you don’t have. While you have access to free credit reports, they don’t provide you with the single most important piece of information to a lender when determining your creditworthiness: your credit score. Instead, your credit score is only available if you pay and sign up for expensive, hard to understand monthly subscriptions.

Complexity of Disclosure Laws

By Julie, on March 2nd, 2010

More than 30 states have disclosure laws requiring sellers to tell prospective buyers and buyer brokers about leaky roofs and other problems, according to the National Association of Realtors. But there’s often a gray area involving the disclosure of problems the seller may not know about, such as a long-ago flood or hidden mold.

States are also increasingly passing laws requiring homeowners to disclose environmental issues, such as the presence of radon gas, a contaminant linked to lung cancer, and underground fuel tanks. In California, the checklist of required disclosures is so long that a cottage industry has sprung up of firms that help sellers prepare the forms.

If you would like help from a broker who specializes in representing the buyer with these disclosures and so much more, please click here .

What other forms of protection does an Exclusive Buyer Agency (brokers who specialize in representing the buyer) provide?

What Sellers Don’t Tell Buyers

By Julie, on February 25th, 2010

Eager to unload their abodes, some sellers exaggerate the size of their lots or their houses. Others minimize their property-tax or utility bills, conveniently forget about pests, or downplay flooding problems or noise.

Real-estate experts and Real Estate Investment advisors say that while such misrepresentations aren’t new, the tough market of the past few years has made buyers more wary, partly because they can’t expect rising home prices to bail them out of costly mistakes. As a result, deals are taking longer, and more of them are falling apart as buyers find properties sometimes aren’t all they’re supposed to be.

Please click here to find an exclusive buyer’s agent in your area to help protect you in your home search.

Do you have any stories to share about buying a home?