Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

Realtor and Home Buying

PandaPancake

By PandaPancake,
in Huddle Lounge

Recommended Posts

MadHatter Rookie

MadHatter

Posted
Posted

Not sure what you real question is.......

 

Just be honest with your realtor about what you are looking for....what are deal enders....honesty about your budget....etc

 

 

Now, if you are trying to determine if the realtor is the right one to hire, then I would ask about how they will work for you....what areas of the city do they specialize in (make sure you get a realtor that sell a lot in the areas that you are interested in....not just the city, but the areas of the city).  You will spend a lot of time with your realtor looking at houses and negotiating.....so you need to make sure that your personalities mesh.

Link to comment
Share on other sites
PandaPancake Newbie

PandaPancake

Posted
  • Author
Posted

Maybe one had too many experiences buying a car and not wanting to give away too much information. We have a price range, we already have a liquid down payment that's about a fifth of our budget. We don't want to get too much of a loan in case our income changes. Should income or down payment be mentioned? Or just set a ceiling price? What lenders should we see? What are the guidelines for income to debt ratio? How do they feel about student loan debt? What interest rate should we look for? Should I use my VA loan? The fiance is a W2 and by the time we sign I'll be self employed. Part of this purchase would be moving my consulting business from the offIce I'm leasing now to a separate structure on the land. We're looking at 100+ acre properties. Because my business will be there should that effect how long our loan is?

Link to comment
Share on other sites
teeray Rookie

teeray

Posted
Posted

I was a realtor (still licensed not practicing at the moment)

Just be upfront and honest. We are asking you to hire us, not the other way around. You are the boss, we are just the housing experts and negotiators.

We are just a guide on your quest, making it as easy as possible for you and making sure you avoid pitfalls.

Link to comment
Share on other sites
h0llywood Newbie

h0llywood

Posted
Posted

Maybe one had too many experiences buying a car and not wanting to give away too much information. We have a price range, we already have a liquid down payment that's about a fifth of our budget. We don't want to get too much of a loan in case our income changes. Should income or down payment be mentioned? Or just set a ceiling price? What lenders should we see? What are the guidelines for income to debt ratio? How do they feel about student loan debt? What interest rate should we look for? Should I use my VA loan? The fiance is a W2 and by the time we sign I'll be self employed. Part of this purchase would be moving my consulting business from the offIce I'm leasing now to a separate structure on the land. We're looking at 100+ acre properties. Because my business will be there should that effect how long our loan is?

Of course you use your VA loan!

majority of America cannot afford dropping 20% on a house so use that benefit. You can also use it To your advantage against other potential buyers on the same house. save your cash for the move or furniture.

Btw... how's the real estate market in Denver? How much does a 3br, 2b go for?

Link to comment
Share on other sites
PandaPancake Newbie

PandaPancake

Posted
  • Author
Posted

screw you...I'm not giving you any of my great advice on this...hope there's dead people in your new place!

I'm sure it's good advice but you'd have to give me 30% more advice to equal American advice. I was just looking out for your fingers.

Of course you use your VA loan!

majority of America cannot afford dropping 20% on a house so use that benefit. You can also use it To your advantage against other potential buyers on the same house. save your cash for the move or furniture.

Btw... how's the real estate market in Denver? How much does a 3br, 2b go for?

I have no idea about Denver. I'm looking north. I'm more about the land than the house itself. We found one 3 bed 2 bath with 180 acres for 315

Link to comment
Share on other sites
Lumps Newbie

Lumps

Posted
Posted

Give the realtor a range, give them things that you absolutely don't want so they don't waste any time. Tell them what's important to you as well. Also, make sure you tell them what you'd be willing to sacrifice for another thing, for an example more land for less bedrooms or a basement or a less land for a more updated house, less distance to the city for a nicer house or vise versa. Just examples...the more information, and flexibility in the right areas, the less time will be wasted. I hate it when people waste my time and I've dealt with a few that will try to go that route like brining you in an area you said you did not want...also make sure and do as much research as your realtor is so you'll have the right questions when you need to.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • tukafan21
      Scourton isn't signed (& apparently it's a thing)

      By tukafan21 · Posted

      Right, so basically what I said in my first post about this last night. Tepper needs to use that big wallet of his in one of the few ways it can be used in the NFL given the cap.   Give Scourton a bigger signing bonus but not a fully guaranteed deal. Everyone wins in that scenario as if Scourton is smart and hires good money people, he'll take that bigger signing bonus and use it to make more money in the end over the next 4 years than if he just had his fully guaranteed deal and a smaller signing bonus.
    • Basbear
      Panthers Wideout Retreat - TMac Vlog

      By Basbear · Posted

      Im super jelly. 
    • Basbear
      Scourton isn't signed (& apparently it's a thing)

      By Basbear · Posted

      It is all confusing and layered. SB is the cash you get very soon within weeks or in simple terms, its what you get to sign the paper work. Players and agents can agree on contract but what to "wait" to sign......teams don't like that cause you can "Carlos Boozer" yourself. In order to get that ink dry, while keeping the contract the same, portion it as a bonus to "sign" and get the funds with ________ .   * But Ive seen worded contracts that split the SB or a 20% to a later date. The beans counters can fill in the details about why certain dates are better and save the team money.. Theres tricks to the trade and accounting is full of them.    Ugh another big layer, is SB can be used to manipulate cap and players. Ill try to give a example that makes enough sense. Believe it or not having a owner like Tepper is a cheat code for this. He has cash in hand, where as Mark Davis had problem making pay roll and had to move the team to Vegas....... Tepper can give you 100,000,000 SB right now and the team can spread out the cap hit. Another owner doesn't have or want to give the player 100,000,000 in cash, but offered the same guaranteed contract in roster bonuses fully guaranteed over the next few years........ Which one do you want??? Everyone wants the money now, not before another inflation waves hits in 2 years. So it does 'pay" to have a owner like tepper that's able to have real cash on hand, while it also works GREAT for cap help. Heres a good video, if you can stand coked up pat and mask look-a-like AJ    
×
×
  • Create New...