Real Estate Tips For The Home Buyer

When purchasing a property, always have extra money on hand for unforeseen costs. Closing costs will include down payments and taxes. Closing costs of a home can have extra things included like school taxes or improvement bonds!

Do not purchase a home that has a fireplace in any room other than a family room. It is a real hassle to keep up with cleaning multiple fireplaces and they are rarely used anyway.

All real estate agents need to be in touch with their previous customers on the anniversary of the date they purchased their home, and certainly during the holidays. When your former clients receive a holiday card from you, they will remember how helpful your were when they purchases their home. Give them a friendly reminder that you make money through referrals, so you would be pleased if they could mention your name to others.

Make sure you stay connected with other investors like yourself. There is plenty of property, but not every piece of property is correct for every investor. This method can be useful for ferreting out investment opportunities that have not yet been snatched up by other real estate investors.

Read full blog post at: http://www.lcait.com/real-estate-tips-for-the-home-buyer/

Tips For Purchasing A Real Estate Property

Buy the home you really want. Investors are divided on whether or not now is a good time to sell your house and upgrade to a larger one, although some do favor the idea. However, since the housing market is perpetually rising, you might as well buy the house you’ve always wanted now. If you buy a smaller home instead, the house you really wanted may be too expensive for you by the time you’re ready to move.

Never buy real estate without getting the property inspected first. Otherwise, you could find yourself in a home that needs complete renovation from the ground up when you weren’t expecting it. This can be a serious problem if there are structural issues after you buy the home that you will be responsible for and you may have to leave your home while it is repaired.

Unless you reside in a climate in which it is really needed, do not buy a house with a fireplace other than in the family room. You will find that having more than one fireplace is a hassle, as they have to be cleaned regularly and are rarely used.

Read full blog post: http://livinginstmatthews.com/tips-for-purchasing-a-real-estate-property-2/

Buying a Home? The Cost Is More Important Than the Price

We have often advised buyers to look at the COST of purchasing a house more than the PRICE of the home.

Obviously, price is part of the cost equation. The other piece, assuming you are not an all cash buyer, is the mortgage rate.

The mortgage rate to finance a purchase can have a dramatic impact on the overall cost. Recently, there are more people talking about the possibility that mortgage rates could begin to increase.

Read full blog post: http://www.kcmblog.com/2012/03/19/buying-a-home-the-cost-is-more-important-than-the-price/

Fifteen Questions to Ask Your Realtor Before Signing a Contract

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