tips to avoid mistakes that home buyers make

2
Tips To Avoid Mistakes That Home Buyers Make Most potential homeowners worry whether their home will retain its value over time. Here are some tips regarding that. Don't come on too strong in purchase negotiations. A lot of people want to get a good deal, and begin acting aggressively; they end up doing themselves more harm than good. Stand firm in the things you desire, but also allow your lawyer and Realtor to do most of the negotiating, as that is what they are trained to do. Every real estate agent should contact former clients at holidays and at anniversaries of their purchase date. When your former clients receive a holiday card from click here you, they will remember how helpful your were when they purchases their home. At the end of your message, let them know you work on referrals and would love it if they passed your information on to their friends and family. If you are with kids or are planning on having kids, you need a home that has a lot of space. Be mindful of safety issues as well, such as swimming pools, other bodies of water close by, and steep stairs in the home. If the previous owners had kids in the house, it should be safe for you. When thinking about moving, take some time to explore the area around your potential purchase on the world wide web. There is plenty of information available to you, even if you are thinking about moving to a small town. Make sure that you can live comfortably in a town by researching the population, unemployment rate and salary ranges. If you have your eye on expensive piece of commercial property, get a reputable partner in on the investment. Having a partner makes it easier to get a loan if you need one to purchase the property. This partner can also help out with the needed down payment and even a higher credit score in order to qualify for the loan. If you have made an offer on a home that the seller did not accept, do not lose all hope that they will not find a way to make it more affordable for you to make the purchase. Such possibilities include offering to cover your closing costs or even do some upgrades and repairs to the property prior to your taking up residence. When seeking a new home, think long-term. Even if you don't currently have any children, if you are planning on living in the home for an extended period of time and the possibility of starting a family during those years cannot be ruled out, you should consider researching schools in the neighborhood to see if they will be satisfactory should you have any children down the road. Oftentimes, homes that need major improvements are offered at lower prices. This saves you

Upload: burt-kokholm

Post on 28-Mar-2016

214 views

Category:

Documents


2 download

DESCRIPTION

Most potential homeowners worry whether their home...

TRANSCRIPT

Tips To Avoid Mistakes That Home Buyers Make

Most potential homeowners worry whether their home will retain its value over time. Here are

some tips regarding that.

Don't come on too strong in purchase negotiations. A lot of people want to get a good deal,

and begin acting aggressively; they end up doing themselves more harm than good. Stand

firm in the things you desire, but also allow your lawyer and Realtor to do most of the

negotiating, as that is what they are trained to do.

Every real estate agent should contact former clients at holidays and at anniversaries of their

purchase date. When your former clients receive a holiday card from click here you, they will

remember how helpful your were when they purchases their home. At the end of your

message, let them know you work on referrals and would love it if they passed your

information on to their friends and family.

If you are with kids or are planning on having kids, you need a home that has a lot of space.

Be mindful of safety issues as well, such as swimming pools, other bodies of water close by,

and steep stairs in the home. If the previous owners had kids in the house, it should be safe

for you.

When thinking about moving, take some time to explore the area around your potential

purchase on the world wide web. There is plenty of information available to you, even if you

are thinking about moving to a small town. Make sure that you can live comfortably in a town

by researching the population, unemployment rate and salary ranges.

If you have your eye on expensive piece of commercial property, get a reputable partner in

on the investment. Having a partner makes it easier to get a loan if you need one to purchase

the property. This partner can also help out with the needed down payment and even a

higher credit score in order to qualify for the loan.

If you have made an offer on a home that the seller did not accept, do not lose all hope that

they will not find a way to make it more affordable for you to make the purchase. Such

possibilities include offering to cover your closing costs or even do some upgrades and

repairs to the property prior to your taking up residence.

When seeking a new home, think long-term. Even if you don't currently have any children, if

you are planning on living in the home for an extended period of time and the possibility of

starting a family during those years cannot be ruled out, you should consider researching

schools in the neighborhood to see if they will be satisfactory should you have any children

down the road.

Oftentimes, homes that need major improvements are offered at lower prices. This saves you

money on your purchase, allowing you to invest extra capital into fixing your home at your

own pace. Not only can you design the home to your specifications, but you are building

equity with each improvement you make. So try to focus on what the house could be, or its

potential, as opposed to looking at the negatives involved with its current state. Your dream

house could be hiding beneath some dingy carpet and outdated wallpaper.

When people go into buying a home, they are usually surprised by how difficult the process

is. Lean on this advice when you need to purchase property.