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**** Connect With Us On Facebook - http://facebook.com/BayAreaConnect **** This is Thomas Feng with Bay Area Connect. This week we will be showing you how to best WASTE your time & money when looking to buy homes. Almost ALL buyers make at least one of these mistakes, especially the one about going to open houses... How can you, the buyer, save your time and money in this housing market? By remembering that the Real Estate cycle is cyclical, if you don't find a home before September chances are you won't until next spring time. Why? Because school starts in September, families (most home sellers) will NOT sell homes when their kids are in school. Want to wait another year for higher home prices and higher interest rates? If not email me at Thomas.Feng@bayareaconnect.com to schedule a tour of 5-6 homes in the area you are looking for and let's get it done! DIY: How To Waste Your Time & Money -0:27 DONT get pre-approved for a loan! -1:03 Go to open houses EVERY SINGLE WEEKEND! -2:03 Find out why ...

**** Connect With Us On Facebook - http://facebook.com/BayAreaConnect **** This is Thomas Feng with Bay Area Connect. This week we'll be talking about buying a home vs. renting (ie. apartments) and the pros and cons of each. BTW kind of sick this week but bear with me. Because lets face it real estate around here is not cheap, this forces many people to rent for the time being. Did you know this: Young adults are just as committed to becoming home owners as their parents and grandparents before them. Of the 798 young adults (ages 18–29) who participated in the poll, about three in four say owning a home provides a healthy, stable environment for raising a family, and more than two-thirds say owning contributes to their long-term financial goals. Ref: http://www.realtor.org/rmohome_and_design/Articles/2011/1102_houseandhome_homeownership -0:11 Current Interest Rates -0:51 What are the Pros of Renting -2:36 What are the Cons of Renting -3:37 What are the Cons of Buying -4:48 What are the Pros of ...

Visit our Blog at http://BayAreaConnect.com to stay updated on how the Real Estate Market is changing in the Bay Area. This is Thomas Feng with Bay Area Connect. With the Spring Real Estate season coming soon a lot of sellers are prepping their homes to put out on the market. This also means that many buyers are also preparing to start looking at homes again. For most first time home buyers buying a home will be the largest purchase they have ever made in their lives. How does a buyer know whether they are ready to buy a home or not? Questions we will be discussing include: -Current Interest Rates for Loans -What are the 5 questions every buyer must ask themselves before looking at homes? -What is the most important question a buyer needs to ask themselves? -What does long-term debt mean to a loan processor? -What is the average amount put down for a down payment? -What steps should you take to insure you are ready to buy a home?