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Tecla Long
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Tecla Long

Things Every Home Buyer Should Know

  

>A good experience Realtor® is your best investment. Find someone you like and trust. Their expertise can make a big difference in the negotiations of your offer that they assist you With.

>Property taxes are determined by your purchase price. Each State and or County has a set property tax formula. In Southern California, for the most part, it is 1.25% of the purchase price.
  

>Property taxes and interest on your loan may be tax deductible .  Check with your Certified Public Account for more information.
     

>Real estate tends to be on the largest investments      that most people make. Buying property in an excellent investment.
       

>When you make a payment on your mortgage,        a portion of each payment goes to paying off the principal and the other portion goes to paying the interest.
 

>Your home will be one of the few investments that you can enjoy  by living in it. Your other investments will, hopefully generate you a cash flow for your retirement.
  

>Realtors® follow a strict code of ethics.   Not all real estate agents are Realtors®. A Realtor® is someone who is a member of the National Association of Realtors®.

>Realtors® cannot receive any compensation from the people that they refer you to according to the Real Estate Settlement and Procedures Act (RESPA).

> Working through a Southern California Realtor® to purchase a For Sale By Owner home can be very advantageous because someone is looking out for your best interests.
  

> Your Real Estate professional know who are the best lenders   and can refer you to someone for a loan.
 

> Ask your Realtor® whom he/she is representing in the transaction.

     

>Ask your real estate professional what he/she will do to keep you informed. Your Real Estate professional should provide you with the highest level of service and advice.


 


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