question about buying a house

Dont tell them exactly what you have. Just give them a certain price range. You might want to keep some for yourself because there is always something unexpected that pops up too. Also when talking about prices, just say that it is/or is not in your budget. Depending on if it is what you want..some agents try really hard to get a sale and will probably knock down the price a bit, also try not to sound toooo enthusiatic and excited about it because they will use it against you..pull at your heart string..Be strong agents can be quite convincing.

For starters, you can get on-line and look up houses for sale in your area according to the price range you set. You can either look up any real estate company in your area or sites likes www.homes.com. Also, don't forget to drive around to check out any by owner homes. A website to search by owner homes is www.homes4salebyownernetwork.com As far as what to tell the real estate agent. First, give a price range. Keep in mind that most real estate agents will show you homes above your price range (the more expensive home you buy the more they get). I wouldn't specify the amount you are approved for unless they ask, especially if you are approved for more than you want to spend. They should just need to know that you are pre-approved.

When you call tell them what your looking for ,what area and a price range , than they will come up with some houses for you to look at . No I would not give them any info that you have already been approved as they may use this as a pressure to get you in a house. I do not always look at a house from the agent the the selling sign has up I use my own agent for everything I want to look at , they can get you in any house you want to see. good luck i think house hunting is such a fun thing to do.

If you decide to work with a Realtor, you should tell them what you're approved for and how much you have put away. This will help them to know what you can afford and they won't be tempted to show you properties out of your range. I'd also like to suggest that you only work with one Realtor. I recommend you stick with the one that is best about returning your calls, but keep in mind you might not be their ONLY client. If they return your call the same day, that's a good indication that they want to take care of you. As far as telling the sellers. That really isn't necessary. They just need to know what you are willing to pay. They aren't interested in what you can afford. They are trying to get the most they can for their property. If they have multiple offers they will either go with the highest offer or the one that seems most secure. Sometimes the high bids fall through and they are left with no sale. I lower bid that is all cash might be taken over a bid that is being financed. Even with pre-approval sometimes the loan does not go through the next step and the deal is called off. Good luck house hunting! It is a good decission on yoru part. You get no return on renting! Take care.

STOP before you buy a new home..I dont know where you live but in fl there are programs for 1 st home time buyers. Im currently taking advanatge of these programs..Call you local city or county housing authorities and ask about them. They give you down payment money you dont need to pay back up to 50,000 here in fl. I dont know about your city or town.you would have to reshearch it. email me if you need further assistance. I ll try and help.

check out properties within your budget. you should advise your agent what your budget, so she can narrow down the list of available properties she will be offering you.

Do not tell them anything and do not let anyone else look up your credit score. Each time they do your score drops. Now go to a lot of different realtors offices and ask for a list of homes they have for sale. They have to give it to you. tell them you will be looking at the house on your own so there is no pressure. If you find one you like ask for the owners number call them yourself. Many times they will take a lower price if they can get the cash fast. Since you know how much you can offer you have a leg up and it saves everyone money not having to pay all those extra fees Also see this discussion: http://www.mylot.com/w/discussions/918750.aspx This is a discussion on how people aquired their property it might be helpful.

I bought my house 12 years ago and it was a little different for me because I paid cash for the house, but recently in April my husband and I bought 2 more houses as revenue property first of all find an agent you can really trust. I told them exactly how high I would go and they found me two great houses. They are a husband and wife team and we have become great friends with them, the thing is it does not really matter if they know how much you are pre approved for I think it is safe to say they will know when you give them your price range.

I used to work for a real estate agent and here is my advice. Tell them a price range and refuse to look at anything above that price range, they will try to get you to look at houses above your price range. Be firm with them. If a house does not have an amenity you are looking for, then move on. You are the one that has to live there after all. You will be better off, for future resale value, if you can buy a house with at least 3 bedrooms, 2 baths and a garage. Houses smaller than that or without the garage are hard to resell. Make sure you have the house inspected before you buy, this can save you a lot of grief later. And if there is anything (even a chain link fence) associated with the house that you want the owner to leave make sure it is in the contract. Even if your agent says its not necessary to list. When my parents bought their house, they didn't put the chain link fence in the contract and the owner took it with him along with some dirt out of the garden area! That all said, I would suggest looking for a house with a real estate agent because they are more likely to help you with all these things than if you go it alone. Good Luck and I hope you find a nice place to live.

You dont say what area you are looking in but a great place to look at real estate that is on the market is Realtor.com - there you can put in the minimum and maximum that you want to pay, number of bedrooms etc and it will list everything in the area you choose that fits what you . I would suggest leaving it at no minimum and putting in something close to the amount that you have been approved for.It lists the Real Estate agents handling the properties. With it you can look in the privacy of your home first and hopefully get a start there. I wouldn't tell them what you have been approved for until you find something that you want and start bargaining. Good luck.