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Buying
a House Online
Weekend
August 4/5, 2001
With a click of a mouse, finding a house has never been easier. You can find a home, a realtor, a neighborhood, and you can even calculate a mortgage right on Realtor.com.
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Realtor.com - a division of Homestore.com on AOL's house and home - is one web site that allows you to go hunting for a new home while in the comfort of your current home.
So how can you do that?
Step 1: determine how much house you can afford. Go to the mortgage calculator. Plug in your price - let’s say $800,000 - with 10 percent down payment at 7 percent interest for 30 years, your monthly mortgage would be $4790.
You might be surprised you might be able to afford more than you actually thought before plugging in those numbers.
Step 2: where to live. Enter a city or zip code to choose a neighborhood and learn about the schools and crime statistics of the area. Before you move in, you can even be a nosey neighbor and use a window to "snoop" out what they paid for their house, making sure you get the right deal.
Step 3: finding the right home for you. Enter in the amount you want to spend, the number of bedrooms, bathrooms and square footage you'd like, and click on “search.”
The only thing left to do is to see the house and you can still do that without ever getting in your car. How? By way of a virtual tour.
But of course a click of a mouse won't really buy you a house. It can't replace your real estate professional, but now you’re a more educated consumer, and that means saving time and thousands of dollars. So just sign the papers and the house is all yours.
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