Realizing When You Have the Deal

By Bob Schwartz, CRS, GRI ©2005 www.brokerforyou.com All rights reserved.


Recognizing exactly what to invest in when dealing with real estate transactions will determine a good or bad deal. A good deal implies that the seller, buyer and agent all leave the bargaining table feeling as though they have won or made a bargain. Having what you want in order is the first step to making a good deal with all that are involved in the process.

The chief component that will determine how a deal or a transaction will be settled is the finances that are involved. This means that a loan with the right specific terms and needs should be utilized. The best interest rate should also be a part of this transaction. The buyer should also be feeling like they got their home or property for a lower price than they would have from another seller. Likewise, the seller should feel like they made some profit for their next property from the deal as well.

The finances involved in the deal should also present you with a good deal and present you with straightforward fees and better rates. Some lenders and investors will offer certain prices, but may have separate fees attached that will add onto the loan later. Knowing to watch out for these tricks will help you avoid the added costs that may not be attached to the original loan. You can assure that this part of the deal goes well by investigating various lenders and seeing who has the best offer.

Another part of ensuring a good deal comes from the shape that the property is in. Property maintenance should be completed on the house. This means cleaning the floors and any other areas that have gotten dirty over time. It also means making certain that the property has everything running smoothly within it. A property manager or inspector will need to walk around the property to everything everything has been looked after. If it hasn't, the investments need to be made before the final deal is completed to fix these specific areas.

Locating the best deal for your needs will enable for everyone involved to get a good deal as well. Buying and investing in the property that you want without having the wrong types of costs and issues with the maintenance of the home will help you feel reassured with your decision for a long period of time. Investigating and knowing what you want is important in determining what types of things to walk into as well as what to avoid.

ABOUT THE AUTHOR

Bob Schwartz, is a Certified Residential Specialist, CA licensed real estate broker with www.Brokerforyou.com. Bob has over 27 years of residential real estate experience, authored a number of published articles and served as an expert witness for San Diego lawyers. You can contact Bob via e-mail at bob@brokerforyou.com or visit his highly popular San Diego real estate website at: http://www.brokerforyou.com
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