Cindy Hale

Expanding your search to include FSBO's and foreclosures is a great option. Use an agent for your search so you can be fully represented. Most FSBO's will work with a buyers' agent as their number one goal is to get their home sold. Foreclosures are a slightly different animal and you should be sure you work with an agent that has experience in this area. Also, foreclosures are sold as is and often times involve a bid w/ a specific time frame. Happy hunting! - Sun Jul 15 2007, 12:47

Sold properties will tell what buyers are willing to pay in the market for a home. Active properties enable the sellers to see their competition and thus price effectively. Most times the sold comps are the most important to both the buyer and the seller. There are times, however, when the active market may be priced lower than the sold market. In this case you know that the neighborhood is depreciating and your prices need to be based on the active market. - Sun Jul 15 2007, 08:49

I think this is a great question. I am always astonished that many people pick their Realtor from a sign or an ad. A home is a large asset and you certainly want someone qualified and knowledgeable to do the job. Interview several agents and ask them for references. Call their references. Choose your agent on the basis of ability, references and the comfort level you feel with that person. - Tue Jul 10 2007, 13:33

I think Zillow has merits, such as great maps. Unfortunately most of their information is based on tax-assessed values for the properties which is a far cry from actual market value of the property. - Tue Jul 10 2007, 13:26

In the state of Texas our contract contains a clause that allows for an option period, which is paid for by the buyer to the seller. This option allows a period of time, usually 10 days to have inspections made. If repairs cannot be negotiated between buyer and seller in this time frame, the buyer has the "option" to change his mind, and his only loss is the amount of his option fee. - Tue Jul 10 2007, 13:22