Tips for First Time Home Buyers- Making an Offer
Good tips for first time home buyers. I especially like the one where you can't pull a number our of a hat. I though some may find this information helpful.
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Tips for First Time Home Buyers- Making an Offer
- When you're house shopping, you can't pull a number out of a hat. Find out what other homes in the area have sold for, how long ago the sale was and what amenities they have.
- It's the market that determines the value of a house.
- When figuring out the price of a property, sometimes it makes more sense to look at the price of a house in terms of monthly payments instead of focusing on that big number.
- When a renovated house is priced low, it is a good indication that the owners are looking for a bidding war -- they want to get as much money as possible out of the sale.
- Sometimes people think that by starting really low they'll end up with a better price on a house, but actually it usually works the opposite way.
- The three most important matters when it comes to negotiation are information, preparation and realism.
- When you buy a property, you should always have a home inspector come through. You never know what they're going to uncover.
- If the home inspector should find something, then you can use it to your advantage to renegotiate the deal. Or you might have to walk away.
- The key to success when buying a home is to trust the experts.
Both top producers within their company and within the Palos Verdes Board of Realtors, Frank and Heidi provide a real estate background of excellence to their clients. Contact us today to get started.
Visit Palos Verdes Homes and Real Estate for more information about us and search current listings in the South Bay area.
Frank Fountain
DRE # 01193674
Phone: 310.990.9652
Heidi Mackenbach
DRE #1071319
Phone: 310.971.0970
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