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Top 10 Mistakes Property Buyers Make
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February 6, 2010, 12:08 pm CST Buying Real Estate
Bought properties to flip at top-of-market prices
- Utilized interest-only mortgages, paying top-of-market prices
- Overlooked resale characteristics, especially in upgrades in new
home construction
- Skipped performing a home inspection (especially before some
markets shifted away from seller's market)
- Misinterpreted developers giveaways (which usually signal a
softening market)
- Were represented by the same agent as the sellers
- Didn't read homeowners' association documents
- Neglected to request rates of state, county or local transfer
taxes paid by buyers at closing

Comments:

From: Cyndy Griffin
February 22, 2010, 9:54 am
Lake Carroll is a very unique, private community just 2 hours west of Chicagoland. Come out for a visit soon!

From: Mister1245@aol.com
August 6, 2010, 1:52 pm
Ive gone thru your listings and DID NOT find one listing marked with any TAX info!! I'll just have to try elsewhere


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