Once word circulates that you’re actively looking, it seems everyone and their cousin has tips for buying a house. You may feel adrift in unsolicited advice, brochures, business cards, and confusion. Never fear. Here are the four most common pitfalls buyers make, and how to avoid them.
Buying way too big. We’ve all seen it. Couples with vague future ideas of a child or two jumping into that five-bedroom, four-bath Victorian. The elderly couple buying a small cottage surrounded by acres of manicured lawn and plantings. Don’t let it happen to you. Buy a house to suit your needs now and for the next five years. Building on later is cheaper than paying to heat, decorate, and satisfy interest on wasted space. Your kids will not suffer emotional trauma by sharing a room, either. Honest.
Failing to investigate the neighbors. If you don’t mind your neighbors’ nude sunbathing, putrid garbage, or loud romantic interludes, then by all means view the property once and buy it. Seriously, insist on a day and night-time viewing. Drive by a few times throughout the week with your windows down and listen. Walk
When you need to sell your house fast, you need someone who comes with an offer we buy homes, unfortunately for many years the traditional Real estate agents have been the only hope for homeowners looking to sell their house. However, they only offer help in finding someone who is interested in buying a house, realtors are not direct house buyers. However, these Realtors help you in finding someone who can buy your house, an individual buyer. Such buyers mostly will be looking for a ready to move-in house, which means you need to spend money and time repairing and renovating the house so it is ready for the new owner.
However, ‘We buy Homes’ companies offer great relief for homeowners, as they do not require you to repair or renovate your house. They understand that when you looking to sell your house, you would not be interested in fixing the leaking roof, stains on the walls etc. Rather, they buy houses in an As Is condition and with their network on home remodelers, they repair and renovate the homes giving them a new, fresh, and up-to-date look. As the
With a robust real estate market, selling a residence isn’t particularly difficult. Here’s a primer on how to sell your own house.
How To Sell A Residence Without An Agent
First and foremost, you need to educate yourself on how real estate transactions happen. There are online guides and plenty of books on the subject at your local bookstore. When you decided to sell your own house, you are considered a FSBO seller [for sale by owner].
This FSBO market is growing like mad, which means you can find form contracts and agreements ready made for your particular state. A second thing to realize is real estate laws are generally governed by states, not the federal government. This means the particulars of real estate transactions in your state may be different from those in another state.
You should look for references related to your state, not nationwide advice. Nonetheless, here are a few universal pointers.
1. Determine the price of comparable homes in your neighborhood. This is going to give you a very good idea of what you can ask for your house when you put it on the market.
2. Objectively look at your home and make a list of things that need