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EAST MEADOW, NY, Nov 15, 2012-Buyers looking to score a great real estate deal often consider purchasing a short sale-a property that sells for less than the balance owed on its mortgage. There are many different types of short sale properties, from upside down homes to vacant land. While purchasing a short sale can be financially beneficial to the buyer, it can also be good for the seller and lender, as it keeps the property from facing foreclosure. "If you think purchasing a short sale property may be right for you, seek an agent specializing in short sales, as the process is often more complex than a traditional real estate transaction," says Michael Litzner, Broker of Century 21 American Homes. There are some extra steps that buyers need to take when entering into a short sale, which can require doing some additional homework and assembling the right paperwork-this is why having a short sale specialist on your team is crucial. You need to assemble an arduous proposal that includ...
EAST MEADOW, NY, Nov 02, 2012 - Location remains the single most important factor when choosing a home, according to Michael Litzner, Broker of Century 21 American Homes. However, there is a lot more to a prime location than waterfront views. "Before you even start house hunting, you should be location hunting," suggests Litzner." First, decide what you want in a town or city, and then do some research and talk to real estate experts to find a few choices that fit within your specifications." Of course, what constitutes an ideal location will vary from buyer to buyer. Because everyone's preferences vary, lifestyle will determine the best place for you to live. Some people prefer the suburbs while others thrive on downtown living. If you like peace and quiet, do you want serene woods or rolling hills? If you favor city living, find out what part of the city suits you best - a fast-paced neighborhood or one slightly more subdued. When searching for your ideal destination, feel free to d...
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