Teach prospective home owners how to cut back on gratuitous spending.
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National Association of REALTORS(R) - REALTOR(R) Magazine
October 5, 2016
Today's Headlines
5 Ways to Save Your Clients Money
Prospective home owners need to learn how to budget for the costs of home ownership, but many of your buyers may be too quick to dole out extra cash for certain conveniences or frivolous items. Here are five cost-saving tips to pass along to your clients.
Reduce Buyer Panic Over Rising Home Prices
Several reports are showing steep acceleration in home appreciation, but there's a way you can talk down buyers who are worried that they'll soon be unable to afford a property.
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Share This Tip With Renters Who Want to Own
As renters face escalating housing costs, you should be concerned that it's getting harder for them to save for a home purchase. But this pretty basic advice could put thousands of dollars in their pockets.
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Down-Payment Flubs That Delay Transactions
Make sure your buyers don't make these innocent mistakes when depositing money into their bank accounts. Otherwise, it will trip up lenders and hinder a home purchase.
Survey: Investors Eye More Real Estate Assets
You may want to be prepared to advise investors on real estate acquisitions, as 89 percent say they are "eager" to incorporate real estate into their investment strategies, according to Better Homes and Gardens Real Estate.
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Home Owners Rush to Refinance
But applications for home purchases see a drastic year-over-year decline amid the one-year anniversary of new mortgage rules.

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