Useful Real Estate Web Sites
Here's a short list of some of the more useful real estate and real estate related sites on the web. When you click on any of the links below, you'll see the site you chose, along with a form at the bottom of your screen. Use it to get answers for any questions you might have about anything you find.
Remember: It's my job to know more about real estate than any web site!
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GOVERNMENT REAL ESTATE RESOURCES
Try the US Census
FedStats.com, or the
Labor Statistics for useful information. The
site is full of resources. Don't forget
Freddie Mac, or
Mae. Get home buying tips from the
Federal Consumer Information Center.
Find your local
Chamber of Commerce or
Please Sign Up For The
Latest Listings and the Latest Real Estate News
Accepting An Offer >Offers and Counter Offers
Many of the offers real agents submit for prospective buyers aren't exactly what the sellers want. The price may be lower than they are asking or there might be terms included in the offer that will require negotiation. What happens after the offer is submitted?
The seller's real estate agent will present the offer to the sellers, along with the buyer's qualifications. If the sellers accept the offer, then a purchase agreement is written and signed by both parties. If the sellers counter the offer, the next action is initiated by the buyers when they make a response, either accepting the counter offer or countering it with yet another figure. If you want to buy a particular house, your chances of succeeding are greater if your initial offer is as close to the asking price as possible. You could save money by engaging in lengthy negotiations, but you run the risk of losing the home if a more attractive offer comes in from another buyer.
Who is "Fannie Mae" and why is she a big name in real estate?
"Fannie Mae" is the real estate industry nickname for FNMA, or Federal National Mortgage Association, the stockholder-owned corporation that purchases mortgages from mortgage lenders.
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