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This is the most important step First - Get Qualified May I suggest you contact a mortgage lender, please use a local lender for a smooth hassle free process. I frequently work with Marge Swanson, her number is 609-816-5482. She can also be reached via email by clicking on the following link Marge.Swanson@prufoxroach.com You can be qualified over the phone in 5 minutes and approved within 24 hours with a written mortgage commitment. You then can act as a "cash buyer". A short conversation with her will give you your exact price range parameters. She can explain the mortgage programs available to you, and give a very precise estimate as to closing costs and down payments that would be applicable to the price range. This will also give you the exact down payment amount needed to purchase your home. Second - Check the Inventory Having determined what your price range is, I can advise you of available properties within that price range. At our first meeting we can review the MLS listing information for all of the qualifying properties. At that time you can decide which properties are desirable for you. If you do not know the area, please drive the area and decide if that particular area is appealing to you. Third - Make a Selection Once the price and area have been determined we are then confidently able to look at property and make your selection. This 3 step program has been shown to work time and time again with great success and makes the selection process a pleasurable experience. Following this process will allow you to more easily understand the various steps involved in purchasing real estate in Ocean City and the ability to drive a hard bargain. I am looking forward to working with you.
Pricing >Multiple Listing Service
When you list your house with a real estate agent who participates in the Multiple Listing Service (MLS), you get a lot of service for your money. Depending upon the MLS region, there may be hundreds of participating members.
The real estate agent who lists your home works to get it sold. This is done by marketing directly to home buyers, but an even more powerful tool is marketing your home to other agents who have buyers. Your real estate agent makes all the crucial information about your home available to the other members through the MLS. Information such as your home's location, size, the number of rooms, the style of architecture, what personal property is included, and any other special features is posted. The MLS description will also contain information about any special financing that might be available, showing instructions, and special needs you may have with respect to closing. The MLS is a powerful tool for real estate matchmakers.
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What private residence is considered the most expensive house ever built?
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| A |
The William Randolph Hearst Ranch in San Simeon, California cost over $30 million, equivalent today to $276,883,320. Bill Gates recently built a home for over $40 million.
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