Understanding Real Estate
#1
BE Forum Addict
Thread Starter
Joined: Jun 2010
Posts: 2,847
Understanding Real Estate
Not withstanding the information available in the BE wiki...
... and being careful not to solicit actual advice... lest somebody sue somebody else FFS...
if you were to turn to a book and/or web site to understand more about real estate so that you could ask informed questions, make informed responses, when doing all this for real...
... which sites/books would YOU turn to...?
... and being careful not to solicit actual advice... lest somebody sue somebody else FFS...
if you were to turn to a book and/or web site to understand more about real estate so that you could ask informed questions, make informed responses, when doing all this for real...
... which sites/books would YOU turn to...?
#2
BE Forum Addict
Joined: Aug 2009
Location: Arizona
Posts: 4,130
Re: Understanding Real Estate
Not withstanding the information available in the BE wiki...
... and being careful not to solicit actual advice... lest somebody sue somebody else FFS...
if you were to turn to a book and/or web site to understand more about real estate so that you could ask informed questions, make informed responses, when doing all this for real...
... which sites/books would YOU turn to...?
... and being careful not to solicit actual advice... lest somebody sue somebody else FFS...
if you were to turn to a book and/or web site to understand more about real estate so that you could ask informed questions, make informed responses, when doing all this for real...
... which sites/books would YOU turn to...?
#3
Re: Understanding Real Estate
Past threads...lot of advice have come up.
But there isn't much to understand except that it's all a con and everyone is evil...when you go in with that realisation, when that isn't the case, you've done well and been lucky
But there isn't much to understand except that it's all a con and everyone is evil...when you go in with that realisation, when that isn't the case, you've done well and been lucky
#4
Re: Understanding Real Estate
Not withstanding the information available in the BE wiki...
... and being careful not to solicit actual advice... lest somebody sue somebody else FFS...
if you were to turn to a book and/or web site to understand more about real estate so that you could ask informed questions, make informed responses, when doing all this for real...
... which sites/books would YOU turn to...?
... and being careful not to solicit actual advice... lest somebody sue somebody else FFS...
if you were to turn to a book and/or web site to understand more about real estate so that you could ask informed questions, make informed responses, when doing all this for real...
... which sites/books would YOU turn to...?
http://www.mtgprofessor.com/ is a pretty good primer on mortgages.
#5
BE Forum Addict
Thread Starter
Joined: Jun 2010
Posts: 2,847
Re: Understanding Real Estate
I have a GCE in it - does it count over here?
#7
Re: Understanding Real Estate
Also, we used the services of a Realtor who was recommended to us. His knowledge of the local market etc was very helpful (for example, he steered us away from neighbourhoods which had had flooding issues in the past) and he helped us negotiate a good price. Best of all, his fee was paid by the Sellers (he split the fee with their Realtor.)
Finally, we found a mortgage through a broker, which made the process a lot easier. A friend who was in very similar circumstances went directly to a bank and was given the runaround.
Good Luck!
#8
Re: Understanding Real Estate
Also seems to be why typical realtor commission fees are around 6% - so that both realtors get 3%.