Home Buyer Tips

03

Sep

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Home Buyer Tips

What Happens If You Find Your New Home Before You Sell Your Old One?

What happens if you find the dream property that you want to buy before you have made the sale on your old property? Ideally you would have sold your current home before you buy your new property. However, sometimes the transition doesn't work out that way. You don't want to give up the purchase if you have found a bargain on your dream home, so is it possible to buy the property before you have closed on your current residence? The answer is yes, it is possible. You will need to use a financing option that will allow you to…

How To Choose The Right Neighborhood When Buying A Home

The old real estate cliche' about "location, location, location" is true, as the area of the city where your home is located will have an impact on its future value as well as your lifestyle. So what factors should you consider when you are choosing which neighborhoods to house hunt within? Proximity to Your Daily Needs If you work downtown, living out in the suburbs means that you will be adding time for a commute onto your day. While this might be worth the cheaper prices for properties out of the town center, it is something to consider when making…

A Few Red Flags To Look For When Buying Real Estate

If you're looking to purchase real estate, keep in mind that the homes you are considering might be in need of repairs or improvements. In a recent study done by a major home inspection company, at least 40 percent of previously owned homes on the market have at least one serious issue or defect. When buying real estate, you should have a professional inspection performed on the property to look for any issues that might not be visible to the untrained eye. It's better to identify this damage before you buy so that you are not stuck with budget-busting renovations.…