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buyer tip: Home Buyer Tip - "Be Prepared For Competition" - 09/07/09 10:48 AM
Not long ago, a prospective home buyer who had no property to sell and who was financially-qualified was in the driver's seat. They had numerous properties from which to choose and most sellers were highly motivated.
No longer. Now when a nice property comes on the market, especially if it is not a short sale or bank-owned, there are frequently multiple offers and it often sells above the asking price.
If you want to purchase a home, you need anticipate that other buyers may be interested in the same property that you are. So how can you compete?
First, you should … (2 comments)
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buyer tip: Frequently Asked Questions About Home Inspections - 09/02/08 03:41 PM
When buying a home, one of the first things that you need to do after your purchase offer is accepted is a home inspection. Here are answers to common questions regarding home inspections.
When Should The Inspection Be Done? In California, unless a different timeframe was negotiated, you have 17 days from offer acceptance to complete any and all inspections and to notify the seller in writing of any conditions with the property that you disapprove. Since you will need some time to negotiate repairs, you should schedule your inspection as early as possible.
What Inspections Should I Do? You should … (1 comments)
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buyer tip: Buy Up In A Down Real Estate Market - 01/12/07 05:12 PM
Have you considered moving up to a larger home? If so, now may be the perfect time to go for it.
There is an old adage in real estate that says, "Buy Up In A Down Market". So what does this mean? Let me demonstrate with an example.
The average move-up buyer purchases a new property that is 50% higher in price than their current home.
So, let's assume that the property you now own was worth $600,000 in 2004 at the top of the real estate market. And the home you would like to move up to was worth $900,000 in 2004.
Prices in the past two … (1 comments)
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This blog is about the wonderful community of Rancho Bernardo, California and will provide tips for home buyers and sellers.
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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