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Bargain Hunting

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Thanks to eye-popping price tags and decades-long loan repayment schedules, homebuyers want the most for their money. Your buyer's agent will tell you which homes are a good deal and will negotiate with sellers and their agents to help you get the best price. But you might want to look beyond the MLS for bargain properties your agent might miss. This section explains how to find these homes - FSBOs, short sales, foreclosures, and auctions - along with their advantages and disadvantages.

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  • Compare homes

    Shopping for a home is a lot like dating. It can be fun, and you might fall in love.

  • Shopping on the Internet

    Looking at homes online is a great way to acquaint yourself with what's on the market.

  • Working with a mortgage broker

    If you choose a mortgage broker, you work directly with her and she works with the lender.

  • Do the paperwork

    Read on to learn about the paperwork involved in a typical loan application.