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Commercial Real Estate Definitions – From A To M
Commercial real estate is distinctly different from residential real estate. The terminology is very different and here is a list of new terms from A to M.
Commercial Terms
According to Value: The value of the property when computing property...
Home Styles In Real Estate Ads – The Meaning
Whether you’re buying or selling, reading real estate ads can be confusing. Here’s a primer on the styles mentioned in the ads.
Home Styles
What’s the difference between a Tudor and Colonial style? What about a Colonial and Dutch Colonial?...
Is Housing Market Booming Toward A Bust?
How long can prices rise before no one can afford to buy? In a nutshell, that is the basic question that is niggling at the back of our collective subconscious when we talk about the real estate bubble.
Real estate is appreciating at staggering...
Mr. & Mrs. Do-It-Yourselfers -- Through The Thick And Thin Of Building A Concrete Countertop
Concrete countertops, recognized first by architects and designers for their aesthetic potential and project versatility, are fast becoming the answer to homeowners’ demands for a relatively inexpensive countertop alternative that doesn’t require a...
Which Home Renovations Are Your Best Investments?
If your refrigerator and stove are still a matching shade of avocado green, or you are forced to share a bathroom with your three teenage daughters, it may be time to look into a home renovation.
Though remodeling can cost a pretty penny, it can...
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Five Tips For The First Time Buyer
1. Determine your specific needs as a first-time buyer. How much room do you need? Are you concerned about schools? Commuting time? Proximity to family and friends? Is this a starter home, or are you likely to be here in five or ten years? Are you buying at the height of or bottom of a market? What financial resources do you have, or must you obtain, to purchase your home?
2. Educate yourself about the types of homes available. Determine which one(s) will meet your needs: detached single-family home, multi-family home, condominium or new construction? Understand the differences inherent in one type of property over another. Conduct thorough research, and ask specific questions about the type of property that you choose. Check out some MLS Listings
3. Obtain valuable, publicly available real estate information. You can research public records in government offices, or, more easily online, where they are increasingly available. Aside from http://domania.com, which offers free access to comparable home sales, there are a handful of real estate sites that offer other valuable real estate data.
4. Hire a real estate representative.
Interview several candidates and check references. This can now be done on line which makes it considerably easier than going to
door-to-door.
5. Learn about special lending, qualification and down payment programs for first-time homebuyers. You may also be eligible for one of these programs if you are a veteran of military service, or part of a work or affinity group. Learn all you can about mortgages. Complement your intelligence-gathering with helpful overviews, such as the Federal Reserve Board's free guide, Home Mortgages: Where to Shop and What to Look For. Check out sites like http://fanniemae.com and http://freddiemac.com for more information, and of course check out sites that applying easier, like http://lendingtree.com and http://Getsmart.com.
About the Author: The editorial staff of Domania lives and breathes home values.
Find more advice and real estate tools at
http://www.domania.com
Source: www.isnare.com
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