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The 6th Real Estate Myth !

Sundays PARADE article," 5 Biggest Real Estate Myths " deserves more than rebuttal, it requires fair analysis.   Not because of inaccuracies but because of the potential harm the oversimplification of a complex process could cause homebuyers or homesellers in this very dynamic  market.

The real truth is, some families are more than capable of traversing the entire Real Estate transaction with no more help than that provided by  the many Real Estate websites offering  buying and selling guidance for the unlicensed.  Likewise, the property itself may be  uncomplicated, the title unclouded.  On the other hand both the principal,and the property may require special handling.

In case you didn't see the article,"5 Biggest Real Estate Myths" , let me list them again, as over the next few days, I'd like to talk to you about what the Internet, and a shifting market has done to these myths.

1.    Only a licensed Real Estate Broker should sell your home.

2.    Your broker wants to get the highest price for your home.

3.    A low credit score means you wont qualify for a mortgage.

4.    The advertised mortgage rates are what you'll get from a lender.

5.    Your home must be a showplace before it's listed.

Keep checking back, I will be commenting on these "Myths" over the next few days, and I think you will be surprised at how real I think these items are in todays Real Estate market.

Published Tuesday, April 10, 2007 3:11 PM by Gordon Sloan
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