William asks…
when and where is the nearest first time home buying seminar in the los Angeles county area?
Im looking to attend a first time home buyers seminar. i currently live in the los Angeles county area. I am researching home buying and i am looking to learn what i need to know as I am planning on looking to buy a home in my near future. Are there any near by and any time soon?
answers:
No need to attend a seminar where people try to sell you products and services. Simply read “Home Buying for Dummies” to learn most everything you need to know.
Sandra asks…
Can anyone suggest good tips on buying a new home?
I’m a first time home buyer and looking for a multi-family home b/c of a necessary circumstance. I’ve seen some homes I liked, but they either needed a lot of work (most of the issues seem to be cosmetic, but who knows what other violations they have), or they were very clean, but they just did not wow me (or they had someone who had a lease living in them, but b/c we’ll need both residences that’s going to be a problem). I’ve been to a few home buying classes, but I found my still learning on the go and increasingly frustrated b/c my wife and I want to move yesterday (but that’s just my impatience). When searching for homes, are there any keywords or things I should be looking for visually that will help me find a home easier?
O, we have a great realtor guy and he’s been pointing things out, but are there some things I need to know or be able to ask about to help me find search for my new home?
answers:
Don’t be impatient, as this purchase may be your biggest expense ever.
Check the heating, air conditioning, sewers, water pressure, ground around the house, any signs of infestation, lighting.
Don’t be afraid to flush toilets, and peer in back, check outlets, check dryer vents, window frames, basement for moisture.
Ask about neighborhood schools, hospitals, shopping.
Go back to home you like, in the day, night, and when it rains.
Mary asks…
What are some political aspects in home buying?
I am doing a paper and part of it consist of writing about the political aspects of home buying process. If anyone can help me with some ideas that would be great.
answers:
Well,
Fair Housing rules that prevent descrimination when selling or buying homes.
Tax incentives or cost
Interest Rates for loans which follow the Fed.
Best of Luck
Jenny asks…
What are good reference books or websites for first-time home buying?
I’m planning on buying a home in the Seattle area in a year (for a single female).
answers:
Check out the resources available at this site:
http://www.realtor.org/
For information specific to the state of Washington, check out:
http://access.wa.gov/
Good luck with your search and home purchase.
Ruth asks…
What are the steps of the home-buying process?
I know absolutely nothing about real estate and mortgages. I want to get familiar with the home buying process, so I know what to expect and get the most for my money. I have no idea where to start. Can anyone help me out or provide any helpful links and information?
answers:
Ask your friends and family that have bought a home recently for the name of a good buyer’s agent.
Every transaction will have slightly different steps- depending on type of loan and transaction you are doing. No book can be kept up to date since regulations and market conditions change rapidly.
Be sure and get whatever house you buy inspected by someone you choose (again from recommendations of friends and family that have bought a home recently. And pick a local loan officer- do not use someone you can only talk with long distance.
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