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An Overview of Martha’s Vineyard: Moving to
Martha's Vineyard, Massachusetts? Get info here... |
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About Chilmark: Moving to
Chilmark, Massachusetts? Get info here... |
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About Vineyard Haven: Moving to
Martha's Vineyard, Massachusetts? Get info here... |
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About Oak Bluffs: Moving to
Oak Bluffs, Massachusetts? Get info here... |
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About Edgartown: Moving to
Edgartown, Massachusetts? Get info here... |
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About West Tisbury: Moving to
West Tisbury, Massachusetts? Get info here... |
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Relocating?: Free real
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Local Real Estate Market: Local
Martha's Vineyard real estate market conditions, property valuation trends
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Local Market Conditions: Local
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School Information: Martha's
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Local Economy: Martha's
Vineyard economy & local business climate, Massachusetts economic
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Neighborhoods: Neighborhoods,
sub-divisions, gated communities, and unincorporated towns in Martha's
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Things To Do: Things to do in
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league sports & sporting events, shopping malls, tourist attractions,
historic places, natural landmarks, and more |
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Local Maps & Links: Martha's
Vineyard maps & local/Massachusetts web site links for news & media, TV
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Local Weather: Weather in
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First Time Buyers >Too Many Experts
It can be difficult to make an informed homebuying decision when confronted by advice from too many "experts." If you have just found the house you want to buy, you are probably feeling completely thrilled and confused at the same time. You trust the agent who helped you and feel that the advice you received is solid. But you also want to get opinions about the house from your best friend, your parents, and your Uncle Chuck, who has an inactive real estate license.
If you get input from too many sources, you could find yourself even more confused than you already are. Your best friend can provide moral support, but might not know the market in your area. Your parents may go into shock because they feel that they got so much more house for their money 30 years ago--and it cost them a fraction of the price you are going to pay.
Even though Uncle Chuck passed the real estate exam, his insights won't be as relevant as those of a professional who is currently working the market. It's not that you shouldn't consult your family and friends--just don't go overboard. Rely on the advice of professionals you trust--a structural inspector, loan officer, and a good real estate agent, so that you can feel comfortable about having made an informed decision.
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| Q |
What does the abbreviation PITI stand for?
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| A |
Principal, Interest, Taxes and Insurance are the four major items included in a monthly mortgage payment. |
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Thanks...
Thank you for also going beyond the "call of duty" and helping with so many of the ancillary matters to the actual purchase.
Hank and Gina, London, England
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