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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