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Buying a Home Requires Many Difficult Decisions. Make Sure Your REALTORS® are Top Local Experts.  Most people that have shopped for homes in the past realize the importance of having a real estate agent that has the training and expertise to help them find the right home. Since purchasing a home involves your family's happiness and welfare, and represents such a large investment, it becomes very important to work with the best agent available. That's why at WEICHERT REALTORS (R)Pat Mote Properties, we have agents who are trained to help you, the buyer, find the home that is just right for you. We will show you homes listed with our company and any other company, if the home fits your needs. We will listen to your needs and show you comparable homes in the area so you'll be better educated about a correct price to offer. More and more we've noticed, as in all professions, training and application of that training, as well as being considerate of the buyer's needs, is the key to getting the job done right. Give us a call and you'll understand why more agents from across the country refer their customers to us. They know we take care to do a great job for them.  Ask us any question about buying a home in Central Arkansas. It's our job to help you! There's no obligation, and we promise to respond quickly... 
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Pricing >The Value of Your House
One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.
How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.
Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.
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Who is "Freddie Mac", and why is he a big name in real estate?
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"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans. |
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