4 BIGGEST LIES IN REAL ESTATE

The internet is a wonderful thing. You can reach out to old high school friends you haven’t seen in years or sell junk out of your attic to strangers with a minimum of effort.  What you need to remember is it’s a place with tons of information but not all of the information is accurate.

Ilyce Glink provides insight with a 4 Point article into how people can use the internet to misrepresent various areas of a home they are trying to sell.  In the first of 4 points Ilyce covers how photos can be manipulated in Photoshop and videos can be edited to make properties look more enticing.  In the second section, the subject of home valuation and how you can receive vastly different opinions on the same property is discussed.  One of the strongest messages throughout the article is the idea of stepping out of the internet world and getting real world experts to asssist you in yourhome search.  Independent appraisers for valuation, local respected lending institutions for loans and referred your realtors for home search are all suggested to make the process of buying a home a success.  Phantom mortgage rates that may or may not be available to all customers and unreal property descriptions with their pitfalls and possible remedies are covered in the final sections of the article.  There’s even a bonus section with common “euphanisms” on what is said in a home listing and what is really meant by the phrase used.

To enjoy the article in its entirety read http://moneywatch.bnet.com/saving-money/article/real-estate-biggest-lies/401529/ by Ilyce Glink to learn about some ways to avoid being suckered by manipulative home sellers.