Originally Posted by Moorelev
get a realtor. Plain and simple. We just bought a house and when you are first getting into it, yeah, you think you know what you like. So, do just that; find a few houses on craigslist and in the paper and what not that you like. then go to a realtor and get whats called a "buyers agent". Show them the houses you like and they will match you up with many more houses similar to those you liked. Your buyers agent gets paid out of the sellers fee. IT COSTS YOU NOTHING AS THE BUYER. As far as the foreclosed homes go, they are slow, slow sales and can turn up many problems. a lot of paperwork involved (more than normal) and DONT SKIP ON THE INSPECTIONS!! Also, GET A REALTOR!!!!
A buyer's agent doesn't cost you anything? Bullshit. The seller has to pay for that agent out of their side of the deal. That just simply means that they won't take a lower price. So, never think that you get a realtor for free. You ALWAYS pay for their services. It just may not be paid directly from you to them, but you most definitely pay for them. If you spend a little bit of time on your own, you can do ANYTHING a realtor can do. Any decent lawyer will review your contract for a few hundred bucks. WAY cheaper than paying 3-6% commission to an agent. Don't fall for the NAR's advertising lies. Their intent is to make every person on the planet think that real estate is so crazy complex that you have to hire a realtor. It isn't rocket science. Consider how a realtor gets paid. The MORE you pay, the MORE they make. Sounds like a conflict of interest to me. If you are hiring someone to get you a better deal on a house, they should be rewarded for getting you the lowest price, not the highest....