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    The Real Estate Buyer’S Awareness Plan: The Ten Basic Steps to Find and Buy That “Just Right” Property
    The Real Estate Buyer’S Awareness Plan: The Ten Basic Steps to Find and Buy That “Just Right” Property
    The Real Estate Buyer’S Awareness Plan: The Ten Basic Steps to Find and Buy That “Just Right” Property
    Ebook93 pages1 hour

    The Real Estate Buyer’S Awareness Plan: The Ten Basic Steps to Find and Buy That “Just Right” Property

    By Joseph J. Pacelli

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    About this ebook

    If you are serious about buying a home, then this handbook will be your guide as you search for that just right property. Joseph J. Pacelli, who has more than fifty years of experience in the real estate and construction industries, remembers when interest rates were at eighteen percent and no one wanted to buy a home. These days, things are different, and the smart money is looking to buy. With this handbook, youll learn proven ways to avoid being trapped in a bad deal pick the right real estate agent to help you meet your goals deal with challenges during your search and until closing successfully navigate a landscape of erratic interest rates maximize the value of your investment

    Get the answers you need to serious house hunting and buying issues with a handbook written in plain English. Be more informed and smarter than your peers and equip yourself with THE REAL ESTATE BUYERS AWARENESS PLAN.

    LanguageEnglish
    PublisheriUniverse
    Release dateApr 12, 2011
    ISBN9781462000425
    The Real Estate Buyer’S Awareness Plan: The Ten Basic Steps to Find and Buy That “Just Right” Property
    Author

    Joseph J. Pacelli

    JOSEPH J. PACELLI is a real estate broker and general contractor who has been involved in both industries for more than fifty years. He lives in Totowa, New Jersey, with his wife, Jo, and their cat, Jake. Learn more about him by visiting www.josephjpacelli.com.

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      Book preview

      The Real Estate Buyer’S Awareness Plan - Joseph J. Pacelli

      Copyright © 2011 by JNJ REALTY LLC

      All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of JNJ REALTY LLC. except in the case of brief quotations embodied in critical articles and reviews.

      This publication has been assembled from information available to the public through various sources including, but not limited to, radio, TV, Internet, printed material, trade journals, current events, and knowledge obtained through personal experiences.

      This publication is designed to provide information, on the subject matter presented, to the general public and should not be used in place of professional legal advice.

      iUniverse books may be ordered through booksellers or by contacting:

      iUniverse

      1663 Liberty Drive

      Bloomington, IN 47403

      www.iuniverse.com

      1-800-Authors (1-800-288-4677)

      Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

      Any people depicted in stock imagery provided by Thinkstock are models, and such images are being used for illustrative purposes only.

      Certain stock imagery © Thinkstock.

      ISBN: 978-1-4620-0040-1 (sc)

      ISBN: 978-1-4620-0041-8 (dj)

      ISBN: 978-1-4620-0042-5 (ebook)

      Library of Congress Control Number: 2011903392

      Printed in the United States of America

      iUniverse rev. date: 03/15/2011

      Contents

      Step Four
      Step Five
      Step Six
      Step Seven
      Step Eight
      Step Nine
      Step Ten

      Why Do You Need This

      Home Buyer’s Handbook?

      Are you:

      *confused by the home buying process?

      *terrified by all the horrible stories?

      *unsure if you can make a purchase?

      *unaware of your credit score?

      *looking for a starter home?

      *a first-time buyer?

      *trying to downsize?

      *ready for a fixer upper?

      *unfamiliar with the Law of Agency?

      *a SERIOUS BUYER?

      If you answered yes to any or all of the above, you should use this Home Buyer’s Handbook to make that just right real estate purchase.

      DON’T GO SHOPPING WITHOUT IT!!

      Dedicated to all you

      SERIOUS HOME BUYERS

      HANG IN THERE

      The housing market will make a comeback.

      When it happens, will you be ready, willing, and able to make the right moves?

      AWARENESS IS THE BUYER’S EDGE

      YES!

      YOU CAN BUY A HOME

      YOUR ADVENTURE

      IS ABOUT TO BEGIN

      HAPPY HUNTING!

      Preface
      My purpose for making these few thoughts and comments available to potential home buyers is to assist them as they attempt to locate and buy that just right property.
      I did not have much guidance when I started out looking for my first purchase. I had to learn and become AWARE of the dangers on my own.
      However, I must say that I was fortunate enough not to get into too much trouble. I survived.
      I believe that anyone trying to purchase a home in today’s market needs to be very familiar with the challenges that lie ahead.
      If some of the people who find themselves in very serious financial trouble would have had the benefit of my knowledge and experience, they would not have overextended themselves.
      They would not have been lured into accepting that easy-to-obtain low down payment or in fact, that no down payment, mortgage loan.
      I am certain that there would be fewer defaults and foreclosures.
      You must be very careful. It’s a jungle out there!

      Joseph J. Pacelli

      Procedures

      Step One

      Learn the language of real estate and the Law of Agency.

      Step Two

      Do you know who is looking out for you?

      Step Three

      Organize a viable plan before you start the searching phase.

      Step Four

      Are you familiar with the three words of wisdom?

      Step Five

      You must develop an advanced level of AWARENESS.

      Step Six

      Make all the arrangements for your financing ASAP.

      Step Seven

      Understand how to establish true market value.

      Step Eight

      Prepare yourself to negotiate for your best deal.

      Step Nine

      Gain the confidence you need to become a stronger buyer.

      Step Ten

      Now comes the best part, the closing: The American Dream.

      Acknowledgments
      To my mother, who encouraged me at an early age to get involved in the real estate business. She always believed in home ownership as part of THE AMERICAN DREAM. And, so do I!
      To my father, who guided me through the many challenges of the construction business. He had a way of teaching me, by example, a very strong work ethic. He would say, Get your hands dirty. It won’t hurt you. It will be good for you. And, looking back, he was right.
      To my wife, who has worked with me through the many ups and downs of the real estate business. To this day, she is still saying, Hang in there.
      To my son, who took my advice and bought his first house, a fixer-upper. He turned it into a home that he is proud to own, and, I might add, not a bad investment.
      To my pal Squiggs, a.k.a. TJ, who offered some very innovative suggestions that were inserted into the finished manuscript.

      Introduction

      Welcome aboard. Take this cruise on the truly exciting adventure of

      FINDING+BUYING+OWNING

      that just right dream home. The one you will enjoy calling your own.

      Real estate ownership will continue to be the best, and generally the most secure, short term and long term investment for the average growing family.

      Home ownership is still the best way, and usually the only way, for most families to build solid equity and attain long term financial security. The history of the real estate market has proven that property values most often appreciate in the long run. However, in the event the real estate market does turn cold, property values can plunge quickly. It happens almost overnight.

      THERE ARE NO GUARANTEES

      Nevertheless, with sound acquired knowledge and careful strategic planning, The Ten Basic Steps To Find And Buy That Just Right Property will guide you safely through the mine fields and road blocks that lie ahead.

      By following the advice and recommendations that are being offered in this REAL ESTATE BUYER’S

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