This PDF document, available on the State of Oregon’s Real Estate Agency Division website, provides some useful tips for the first time home buyer.

There are many people who buy a home without having basic knowledge of the offer, inspection, and closing processes. If you don’t have your own buyer’s agent when you find a home that you like, pay attention to the details in that PDF.

You might also consider finding a buyer’s agent and setting up a special contract with them. These contracts can be setup so that your agent earns a bonus for negotiating a price below your ceiling. If you don’t have a buyer’s agent to represent you, and you’re buying your first home, make sure you read all that you can about the negotiations process. A good resource for information about how to make an offer is available from Nolo.com

Nolo offers a lot of condensed, accurate legal knowledge. If you consider that the cost of your first house may surpass $200k, a well researched book is worth the investment.

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