Calling All Real Estate Bloggers
Are you a real estate professional or a writer with knowledge and experiences you would like to share with our readers? if so we would like to hear from you.
We are looking for guest real estate bloggers to bring different tips and advice for our target readers -home shopppers and buyers- that are trying to navigate todays real estate market. We are also interested in input on current real estate news and local market conditions from around the country so our readers can get a feel for what’s happening and how buyers and sellers are fairing in different places around the country.
If you are interested in periodically having your post appear here let us know by leaving a comment and we can get started.
Thanks,
NewHomeBuyingBlog Team
Brent Rangen, Real Estate Optimization
- Brent Rangen has extensive knowledge and expertise in Search Engine Optimization and creating a unique
on-line presence that aligns itself with the experience that the customer desires.
He also has a deep understanding in the Real Estate space. Brent understands the never ending cycle between Real Estate content and search engine rankings. Unique content management and specific aspects of content design, increases traffic and rankings - not to mention - gets the point across.
From Brent “The content of a website is often more critical than the graphical interface of the site itself. Specifically, not just in what it says, but how it says it.”
Recent Post
September 28th, 2009 at 1:15 pm
I am not a Real Estate Professional,I am A first time home buyer trying to get the information on how I go about appling for the 8,000 dollar tax credit as a down payment, or how do I go about getting the 15,000 down payment obama giving for first time buyers.Who do I contact and how
September 28th, 2009 at 1:47 pm
Shente,
The post found here address your questions about the government tax credit.
http://www.newhomebuyingblog.com/tag/tax-credit/
Act fast this credit is set to expire next month.
NewHomeBuyingBlog Team
October 28th, 2010 at 10:39 am
When Buying a Home Beware of Mortgage Brokers and Lenders Who Use the Seller’s “Purchaser Closing Cost Allowance” For Extra Profit.
It is currently a buyers market for most real estate transactions. Buyer’s can ask sellers to pay the buyers closing cost. It is pretty much a given that the seller will agree to this request. Most lending organizations allow all or part of the buyers closing cost to be paid for by the seller. Depending on the type of loan the buyer is approved for the amount of money that the lender will allow for the seller’s contribution is typically 3% and can sometimes be as high as 6% of the selling price of the home being purchased. If your transaction includes a seller’s contribution it will be included in the Purchase and Sales Agreement. The Purchase and Sale Agreement is drafted and signed by all parties before the mortgage company issues their disclosure documents. They know exactly how much your seller’s allowance will be. All too often when a mortgage originator sees the seller’s contribution in the Purchase and Sales Agreement they increase their loan fees to make sure that every available cent of that contribution is used. The prevailing attitude is that the fee increase is allowable because there is no cash coming out of your pocket therefore you will not care about the increase in fees. They view the seller’s contribution as “free money to you.” Wrong! It may not be cash out of your pocket, but it is not “free money.” Most lenders will let you use surplus money from the seller’s contribution to purchase something needed for the house. Appliances like stove-tops, ovens, dishwashers, upgraded water heaters, or extra insulation in the attic or floor are a few examples. There is always a better way for you to use this money than to allow someone else to use it to line their pockets. If the extra money is used for anything but lowering the purchase price it adds to your payment. It may not seem like it is adding very much, but it is still an increase to your payment and over the length of the loan it can really add up. If the Loan Originator gets to pocket an extra $850.00 your payment will be $4.69 per month, higher multiply that by 360 months and you are paying $1,688.40 more for the house with no benefit to you. Instead you should be using the surplus to lower the purchase price or for your benefit. An unaware buyer can spend thousands more than they need to because the people who are supposed to be watching out for them are actually watching out for themselves. Always remember when it comes to your money and the financial security of your family, “Trust but verify.” ###