| by Arley Kirby | No comments

Before Purchase New Home

Before you look at your first house, you should review your credit report and check it for inaccuracies. Once per year, you can get a free copy of your credit report at: annualcreditreport.com. Before you contact a bank or mortgage company, review the report and clean up any past issues and make sure there are no inaccuracies or mistakes. To qualify for a mortgage, you will need to meet the minimum credit qualification standards.

If you are a first-time buyer or have had credit issues in the past, it is a good idea to talk to your family and friends and ask them to refer a mortgage professional that they have had a good experience with when they applied for a mortgage. To apply for a mortgage, you will need at a minimum the following documentation: pay stubs, bank statements, tax returns, and other personal information. If possible, try and meet your loan officer face to face. This will give you peace of mind and reduce stress. If you are concerned your mortgage could be denied, be sure that you apply for a fully underwritten mortgage pre-approval. A pre-approval will take longer to complete than a pre-qualification, but it will …

Read More
| by Arley Kirby | No comments

New Home Buyers Beware

As you stroll up to the door of the model home in these communities you are often greeted by one of these cheerful agents who is happy to show you around the home(s) and tell you all about the features. Your first question of this Realtor should be, “Who do you represent, the buyer or the seller?” An easy answer for the agent is, “I can represent both you and the seller” – this is known as dual agency. In other words, the agent will simply fill out the paperwork for the transaction without advising either party as to what may be in his best interest.

As a buyer, you will fare much better in your transaction if you work with a Realtor who is representing ONLY you. This person is a Buyer’s Agent. Your Realtor will be negotiating for you, helping you to make important decisions with your best interest in mind, helping you to find the right home! Many people feel they are quite capable of making decisions without an agent; however, Buyer’s Agents solely represent the buyer and have a fiduciary duty to act in the buyer’s best interest throughout the transaction process. Licensed agents have specialized …

Read More
| by Arley Kirby | No comments

How to Pre-Qualify for a Home

Talk to the Decision Makers

There is nothing more frustrating than repeating yourself twice and investing a lot of time in someone who is not ultimately going to make the decision. However, assuming or implying that there is another party you should be talking to can violate fair housing laws. Simply ask if there will be anyone else involved in making the final decision. If there will be others involved then try to schedule a time to meet when all parties can be present.

Ask Some Basic Questions

Although you can verbally ask questions, you will likely get more out of a paper or online questionnaire. If they fill it out online, you know what to expect ahead of time. If they are filling it out in your office or at a property then leave them alone. If you stand there, they will keep asking questions and never get it filled in or else their answers simply won’t be thorough. A few questions to ask include:

  • When did you begin looking for a home?
  • Do you currently own a home or are you renting?
  • Is your current home already listed with another agent?
  • What lender are you pre-qualified through?
  • When
Read More
| by Arley Kirby | No comments

Property Buyers


Being a home owner, it is your right as well as privilege to know your property buyers credentials beforehand itself. A reliable property buyer will ensure a smooth and transparent sale. While it is important that both sides are mutually aware of the property sale in question, you need to share mandatory information with your house buyers and keep all communication channels open and flowing for a step-by-step, peaceful and amicable transaction.


Before initiating a sale and reaching out to property buyers, it is important to keep yourself up-to-date regarding all matters pertaining to your property. Any house buyer will want to know that you have all of the relevant papers and supporting documents for your property. Therefore, it is pertinent to keep accurate records of all papers and supporting documents in a neat and organised manner for your property sale to go in a smooth and hassle-free way.


There are many reasons why you should insist on a location check along with property buyers beforehand. A professional house buyer helps you to gauge the true potential of your sale, thereby quoting the right …

Read More
| by Arley Kirby | No comments

Tips Before Buying a Property

Meet The Property-Owner

Have you originated a home that looks attractive? Then you need to meet its owner. Remember, this is one of the most essential parts of the whole process. If you don’t like what you see or hear during this conference you shouldn’t move onward. Before you speak to them face to face try to run verification on their background.You need to know whether they have a good reputation or not. Have any court proceedings ever been commenced against them? If they have, you may desire to look elsewhere. Don’t forget, they will be glancing to find out all about you too! Found a well-respected landlord and met them in person? Just don’t sign the home ownership agreement until you have read it thoroughly.

Authenticate All Legal Documents

There are a lot of important legal documents without which the sale of a property is not complete. It is the responsibility of the property buyers to verify all these documents and guarantee that they are appropriately signed. Some of these legal documents include- sale agreement, share certificate, society documents, sanction plans, etc.

Possession And Registration

Possession is the substantial transfer of the property, but is not adequate to establish …

Read More
| by Arley Kirby | No comments

Need a Buyer’s Agent

Purchasing a home can be the largest investment you’ll make in your life, so you need someone on your side to help you out. A Realtor can set up all of your appointments and negotiate the best price for you. The only person that wins when you don’t have someone representing you is the listing agent. You don’t want the listing agent negotiating the price between the two sides. The listing agent has their client’s best interest at heart. You need a buyer’s agent to be on your side. Your Realtor will usually have you sign an Exclusive Buyer Agency Agreement. It tells you about their services and how they are compensated. It lets you know that they are working for you and have your best interest in mind.

There are many things that a buyer’s agent can assist you with. They can help you find listings. They may be more knowledgeable about a neighborhood then you are and they may know of some For Sale by Owners that are available. Your agent can serve as a buffer between you and the sellers and their agent when it comes to negotiating the price and asking for inclusions. They have access …

Read More
| by Arley Kirby | No comments

Flipping Foreclosed Homes

Know Your Budget

The number one tip when it comes to house flipping is to know your budget and not give into the temptation of exceeding it in the hopes that you can chase higher profits.

Before you even start looking at any houses, figure out how much you have to spend in every area of the transaction. Know your limits when it comes to the purchase price of the property and understand how much it is going to cost you to do whatever work needs to be done. When buying a foreclosed home you are often asked to buy it as-is, so you can’t count on any smaller issues being touched up for you. Plan for everything and make sure you have some money in reserve, just in case.

Select The Right Market

Some cities are better than others when it comes to flipping houses, so be sure to take a little time to research the current figures to see which ones are currently hot. Of course this means having the capacity to be able to travel from state to state, which may not be desirable when you are just starting out.

If you want to stay local then …

Read More
| by Arley Kirby | No comments

Buy a House With Cash

Frugality is the Name of the Game

While it’s very likely that everybody would buy their home with cash if they could, hardly anybody does. This is because most people just lack the discipline to save up.

Now, if you make 20-30 thousand dollars a year, you’re going to be waiting a long time to buy your own house, even living on the bare minimum.

But, if you are someone who makes 50 thousand or more per year, or you also have a spouse who makes just as much as you, it is very possible for you to buy your own home with cash, in a couple years.

If you can manage to save just a couple thousand a month for a period of 5 or more years, you’ll be right in range to buy a nice house all by yourself.

Benefits to Buying With Cash

The benefits to buying your home with cash are usually not afforded to those with a hefty mortgage to worry about. For instance, without a mortgage payment, you can plug more money into your retirement plan, thus bringing about your retirement earlier, or having more money to blow when it is time to call

Read More
| by Arley Kirby | No comments

Reasons to Buy Property in North Cyprus

Price of property

People look for and value different things when it comes to most things in life, and buying property is no exception. But if we could agree on one thing almost all people find important in the purchasing process, it would be the price. In North Cyprus, you can get new and modern property for prices you might not believe are real. That means that the dream of owning property in the Mediterranean maybe not be so out of reach as you thought, right up till now.

Such moderate prices mean that you will not only be able to afford to buy property here in North Cyprus, but also that you might be able to upsize. A one bedroom instead of a studio, a house instead of a semi-detached etc. Buying close to the sea is a definite possibility here, even close to, or in an urban area.


Located in the Eastern Mediterranean, whole Cyprus is blessed with very mild climate and around 320 sunny days per year. You can go in short sleeves during the day all the way until Christmas, and continue to do so already in February. It might rain sporadically during the winter, …

Read More
| by Arley Kirby | No comments

Better Home Buyer Preparation

  1. Prepare for the down – payment, etc: Although most home buyers use a mortgage, in order to acquire their home, even, some of the most qualified, potential buyers, sometimes, neglect, what is referred to, as the closing costs. These costs include the down – payment, legal fees, and associated closing expenses. Most lending institutions want to know, where these funds come from, and so, before beginning one’s search, the necessary funds, should be transferred (at least 3 months prior), to an easily identifiable, bank account, etc. In most cases, the buyer needs to put 20% down, but, sometimes, to get the best interest rate, a larger down – payment, may be needed. Although lower down – payments, may be acceptable, often, there are usually more fees, and conditions, involved. The more prepared, the lower the stress!
  2. Reserve fund: No matter how nice a home looks, nearly every buyer decides to personalize/ customize the house, and, this, additional funds are needed. In addition, it is wise, for people, to have an additional reserve or contingency fund (generally recommend a minimum of 6 – 9 months), in case of unexpected contingencies, etc.
  3. Fix/ address credit: Several months before you begin shopping for
Read More