FIND HOME - Buying

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8 STEPS TO BUYING A HOME

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state / prov.

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min. price

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beds

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BUYING A FORECLOSURE

WHAT’S NEW?

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30Jan

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25Jan

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Money: Buyers must be financially qualified and ready to buy. The best properties go

quickly. Buyers must look strong to lenders.

Motivation: Buyers must be motivated to compete successfully. Our agents urge their buyers in this market to be clear about both their “motivating why" and their criteria for

the property itself (size, location, condition, floor plan, etc.)

Location: Contrary to the rumors, prime buying opportunities exist in almost every

neighborhood and price range.

Condition: Buyers should understand that repair costs are not necessarily large. The Agency’s Distressed Property Buying Survey shows the average cost to repair to be

$5,000—that’s less than 3 percent of the median purchase price in the U.S. today.

Expert Help: Finally, smart buyers know they need to be even smarter—they become a team with a local expert agent who knows local property, pricing, lenders, and the best listing agents.

MORTGAGE CALCULATOR

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