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Buyer FAQ |
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Whom To Contact (How to buy) |
 How do I find a home inspector?
What standards do appraisers use to estimate value?
Where can I get information on buyer agents?
Where do I get information about closing costs?
Where do I get information about finding a real estate attorney?
Where do I get information about housing discrimination?
Where do I get information on home market stats and trends?
Where do I get information on housing market stats?
Where do I get information on lease options? |
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Question: How
do I find a home inspector?
Answer: Your realty agent is one source. But keeping them independent from the agent
may be a good idea. Inspectors are listed in the yellow pages. You can ask for
referrals from friends. Ask for their credentials, such as contractor's license
or engineering certificate. Also, check out their references. |
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Question: What
standards do appraisers use to estimate value?
Answer: Appraisers
use several factors when estimating a home's
value, including the home's size and square
footage, the condition of the home and neighborhood,
comparable local sales, any pertinent historical
information, sales performance and indices
that forecast future value. For detailed information
on appraisal standards, visit
the Appraisal Institute website, appraisalinstitute.org ,
or contact the organization at 550 W. Van Buren
St., Suite 1000, Chicago, IL 60607; (312) 335-4100. |
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Question: Where
can I get information on buyer agents?
Answer: For
information on buyer agents, contact the your
area's Realtor association or National Association
of Exclusive Buyers Agents at 191 Clarksville
Road, Princeton Junction, NJ 08550; (800) 786-1570; www.naeba.org. |
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Question: Where
do I get information about closing costs?
Answer: For
more on closing costs, ask for the "Consumer's
Guide to Mortgage Settlement Costs," Federal
Citizen Information Center, Pueblo, CO 81009;
(888) 878-3256; pueblo.gsa.gov |
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Question: Where do I get information about finding a real estate attorney?
Answer: To
find a real estate attorney, contact your local
bar association, which may offer local referral
services. You may also ask friends or your
real estate agent for their recommendations.
When you have several names, call each to find
out about fees and their level of experience. |
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Question: Where
do I get information about housing discrimination?
Answer: For
information about housing discrimination, call
the U.S. Department of Justice at (202) 514-2000,
950 Pennsylvania Ave., NW DC 20530, usdoj.gov;
or your local U.S. Department of Housing and
Urban Development office. |
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Question: Where
do I get information on home market stats and trends?
Answer: A
real estate agent is a good source for finding
out the status of the local housing market.
So is your statewide association of Realtors,
most of which are continuously compiling such
statistics from local real estate boards.
For overall housing statistics,
U.S. Housing Markets regularly publishes
quarterly reports on home building and home
buying. Your local builders association probably
gets this report. If not, the housing research
firm is located in 4200 Koppernick Rd #40,
Canton,Mich.48187; call (800) 755-6269 for
information; the firm also maintains an Internet
site. Finally, check with the U.S. Bureau
of the Census in Washington, D.C.; (301)
763-2422. The census bureau also maintains
a site on the Internet. The Chicago Title
company also has published a pamphlet, "Who's
Buying Homes in America." Write Chicago
Title and Trust Family of Title Insurers, 171
North Clark St., Chicago, IL 60601-3294. |
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Question: Where
do I get information on housing market stats?
Answer: A
real estate agent is a good source for finding
out the status of the local housing market.
So is your statewide association of Realtors,
most of which are continuously compiling
such statistics from local real estate boards.
For
overall housing statistics, U.S.
Housing Markets (meyersgroup.com) regularly publishes
quarterly reports on home building and home
buying. Your local builders association probably
gets this report. Finally, check with the U.S.
Bureau of the Census in Washington, D.C.; (301)
763-3199; census.gov . The Chicago Title company
also has published a pamphlet, "Who's
Buying Homes in America." Write Chicago
Title 601 Riverside Ave., Jacksonville, FL
32204; (888) 934-3354; ctic.com |
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Question: Where do I get information on lease options?
Answer: Contact
your real estate agent (some even specialize
in such transactions) or read up on lease options
at the public library. If you have a real estate
attorney, ask if he or she has any prepared
information you can review. Most bookstores
have a fairly hefty real estate book section
these days. Many current real estate books
have at least a section on lease options.
If you are considering
a lease option, be sure you do your homework
first. And have an attorney or financial
advisor on hand to review any paperwork before
you sign. |
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HOME VALUATION |
| Monitor the value of your property, get an
idea of what your home is worth today. |
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Faye Today |
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LETTERS FROM CLIENTS |
| Nothing makes me more proud and satisfied
to know that I've served my clients well. |
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All |
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FEATURED PROPERTIES |
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