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Portfolio of Communities - ResortQuest Real Estate

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Tips for Buying<br />

<strong>Portfolio</strong> <strong>of</strong> <strong>Communities</strong> | 6<br />

What Can I Afford?<br />

Knowing what you can afford is the first rule <strong>of</strong> home buying, and that depends on many factors, including your debt<br />

to income ratio, or how much you make versus how much you owe others. In general, lenders don’t want borrowers to<br />

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pays to check with several lenders before you start searching for a home. Most will be happy to roughly calculate what you<br />

can afford, pre-qualify you for a loan and counsel you on how best to achieve your housing goals.<br />

The price you can afford to pay for a home depends on several factors:<br />

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Tips for Negotiating<br />

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Why Should I Buy?<br />

Here are some frequently cited reasons for buying a house:<br />

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buying and selling a home include real estate commissions, lender fees and closing costs that can amount to<br />

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Why use a <strong>ResortQuest</strong> REALTOR® when you buy a home?<br />

The benefits <strong>of</strong> using a REALTOR® will make buying a home easier, help you avoid common pitfalls and make sure you get the best value for your money. REALTORS® are experts and have information about their communities including<br />

schools, shopping, community centers, parks and restaurants. REALTORS® understand market trends, assessments, taxes, zoning, transportation, financing and more. When you hire a REALTOR® they will represent you and promote your<br />

interests.<br />

As a buyer, your REALTOR® will:<br />

Help you decide the type <strong>of</strong> property you need and can afford.<br />

Help you find properties for sale and will make appointments so you can see them, and explain all <strong>of</strong> the forms used in a real estate transaction.<br />

Help you determine the home’s value and prepare and present your purchase <strong>of</strong>fer to the seller and negotiate on your behalf.<br />

Recommend pr<strong>of</strong>essionals such as lenders, lawyers and certified home inspectors.<br />

Contact one <strong>of</strong> our knowledgeable REALTORS® at any <strong>of</strong> our locations for more information.<br />

<strong>ResortQuest</strong> | SALES: <strong>ResortQuest</strong>DE.com / <strong>ResortQuest</strong>OC.com RENTALS: <strong>ResortQuest</strong>Delaware.com / <strong>ResortQuest</strong>OceanCity.com

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