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We couldn't have done it without you!
"These past eight or nine months have been so crazy, with the birth of our baby girl to Ed changing job, to the whole emotionally draining process of buying a home. We couldn't have done it without you, Carol!" "Thank you so much for your hardwork, and even more than hardwork, your emotional support through it all." "Thank you so much for staying up late to put in offers, for always responding to our messages quickly, for being patient with our often indecisiveness and of course, your must thank your husband for us for his wonderful babysitting that Sunday afternoon!" "We would refer you to anyone looking to buy a home in a heartbeat!"
Dr Ed & Sue Lee
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First Time Buyers >The Elements of Location
When you are in the market for a home, how should you evaluate the properties that appeal to you? There is an old cliché about the three most important factors of a piece of property--location, location and location.
Some neighborhoods have a certain distinction that attracts buyers, but there are other factors to take into account. A house in the best part of town may have a few points subtracted if it is located on a busy street. There are buyers who would like to be close to schools, shopping, and churches, but don't want to live across the street from these facilities. You may want an easy commute to your job, but would not consider a location close to the "on" ramp for the major route into town. A location close to a airport could be convenient if you are a commercial pilot, but could make it difficult to sell even the most wonderful house.
As you balance all of the factors, remember that a location liability which gets you a great house at a reasonable price will probably require you to pass a similar savings on to future buyers.
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| Q |
What three things are necessary in order to purchase a home?
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| A |
Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible. |
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