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Quick Decorating Fixes for Home Buyers

So you've decided to buy a home and your Exclusive Buyer Representative has carefully vetted all of your desires in that new home. One of the services your NAEBA real estate agent will do is to show you all of the properties that fit your "model" in your preferred location at or under your loan approval amount. An independent buyer agent is different than other Realtors in that he/she will also show you homes listed for sale by owner, foreclosure properties and others not necessarily shown in the MLS.

Myths vs. Fact about buying today

Plenty of myths surround the experience of home buying. The problem is that the truisms of yesteryear may not hold true today, what with the recession of 2009, the predictions for the economy, and the transient nature of some career paths today. You may have heard that you should "Always buy the biggest home you can afford." One of the driving factors in buying a house is how much house one can afford. Even before touring homes for sale, smart buyers shop for a mortgage loan.

TYPICAL FIRST-TIME BUYERS ARE IDEAL CANDIDATES FOR EXCLUSIVE BUYER’S AGENTS

AVONDALE, AZ—Sophia and Blake are what you might call the ideal candidates to the real estate market in third quarter 2009. At 26 and 27, respectively, they have two college degrees between them, good credit, and both are employed. P.S., they have a small savings account they intend to use as a down payment on their future home together. They’ve lived together in an apartment before renting single-family home together. As Sophia puts it, “We want walls of our own.” What they got with their walls was a yard, too, and so they filled that up with a puppy.

NAEBA stands for Exclusive Buyer Agent, a distinction above all others

Like medical doctors, real estate agents often have business cards with titles that read like alphabet soup. It can be intimidating to the patient or home buyer and yet it can make a world of difference in the outcome of your health treatment or home-buying experience, says John Sullivan, President of the National Association of Exclusive Buyer Agents (NAEBA). “Exclusive Buyer Agents (EBAs) work solely for buyers, avoiding the conflicts of interest inherent in the traditional seller-oriented purchase transactions.

NAEBA experts help buyers understand market timing and other factors impacting the right time to buy

You know the saying “What goes up, must come down.” and the real estate market is no exception. But how will we know when, why and how to handle it? NAEBA (National Association of Exclusive Buyer Agents, are positioned to help buyers understand market timing. According to NAEBA Executive Director Kim Kahl, the real estate market cycles through expansion, equilibrium, decline and absorption, it is important to understand why each point in the cycle is occurring as to react to and make decisions regarding your property value accordingly.

Preferred Style of Home

Every buyer has a preferred style of home. Mid-Century homes built between 1945 and 1965 were made famous by Frank Lloyd Wright and Joseph Eichler. Popular Pre-WWII styles include Tudor, Colonial, Arts & Crafts, Mission, Italianate, Green Revival and Queen Anne. Stucco is used in both Mediterranean and Spanish homes. “Urban” defines new-build and warehouse conversions in this century.

Market watch

The Wall Street Journal reported in early September that Standard & Poor's Case-Shiller U.S. National Home Price index of real estate values increased this past quarter over the first quarter of 2009. This is the first quarter-on-quarter increase in three years. This index of 20 major cities showed the only hard-hit Detroit and Las Vegas experiencing declines. 

First Time Homebuyers

The $8,000 federal tax credit for first-time homebuyers is scheduled to expire on December 1.  In order to qualify, the transaction must be closed on or before November 30, 2009. That leaves buyers with 2 ½ months to complete the process.

Homeowners Foundation Highlights Dangers for Home Buyers

The American Homeowners Foundation (AHF), the independent national nonprofit consumer education organization serving American homeowners since 1984, has published a free guide to help home buyers avoid the many traps related to buyer representation. These traps have lead to thousands of lawsuits and caused many home buyers to pay thousands of dollars more than necessary. AHF has been warning home buyers about them for many years in its books and newsletters. According to AHF and the National Association of Realtors© (NAR), the problem is getting worse.

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