Real Estate on the Internet: Searching and Researching
According to the National
Association of Realtors (NAR) 80% of people interested in
purchasing real estate use the Web in their search. If you are
looking for homes for sale it can be a very daunting task. The
Internet is a very powerful medium and is very useful to doing
just about any research, the purchase of real estate is no
exception.
Buying a house involves many different aspects, and the Internet
can help you with most of them. 1. Area Research: If you are
planning to buy a home in a certain area you are probably
interested in finding out about the schools in the area, crime
statistics, demographics, etc. If you are coming from out of
state or from an area a major distance away and you don't know
specifically which town you would like to move to you could be
broad in your search. For example: If you are moving from Ohio
to New Jersey and you know you want to buy a home in Central New
Jersey then you can go to Google and type in "Counties in New
Jersey." Once you see a map of the counties you can search
within the county that you're interested in and search Google
again for "Townships in Ocean County NJ." Then you take that
list and search again to find the crime statistics etc. It takes
a little time but you need to know this information so you don't
waste time looking for a house in an area that doesn't match
your needs.
2. Financing Real Estate: Obtaining a mortgage involves
different aspects. You want to find reasonable rates and analyze
your monthly payments. In addition, and also very important, is
receiving a mortgage pre-approval. The pre-approval is important
when dealing with a Realtor; a real estate agent will often
expect a mortgage pre-approval in order to show a house and
usually when you want to give an offer on that dream home of
yours. There are many mortgage calculators on real estate
websites and, obviously, on mortgage broker and mortgage banker
websites. To find the best mortgage rates you still need to shop
around but the Internet makes it much easier, since most
mortgage websites allow you to apply online.
3. Finding the Perfect Home: Now we finally get to the whole
point; your interest in finding, and buying, that perfect house!
You can be broad and search for "homes for sale in central
NJ" or be more specific with "homes for sale in Jackson
NJ." This depends on if you know exactly what you are
looking for. In the end, however, most of the real estate
websites that allow you to search the Multiple Listing Service
(MLS) offer a broad area to search from. MLS's can span multiple
counties. Once you find a real estate website that covers your
area, and you are comfortable with, you can inquire about the
individual properties for sale from that Realtor. I hope this
helps in your real estate search. Happy hunting!
Copyright 2005 Cy Yablonsky. Cy Yablonsky is an Associate
Realtor with Othello Realty, you can visit Othello Realty at www.OthelloRealty.com.
Feel free to reprint this article but you must include this
paragraph and all links must be live and working, no changes can
be made.