Knowledge is the Power for Your Freedom to a Worry Free Home!
First Time Homebuyers Across America, other market information to think about before you make a purchase offer.
Look for information about other factors than just the selling price of homes comparable to the one you may want to buy. Take time to look at the other homes that have sold in the neighborhood you and your family are going to buy a home in. What kind of condition is the outside of the home in, what about the yard ?
Does the home you and your family want to buy appear to be in better condition than the other homes?
Look way beyond the size and number of rooms in the home. This information can make a big difference in just how much you are willing to offer the seller's.
Also think about any extras the home you are looking at may have. Does the home have an addition that may include a expanded kitchen may be another bathroom ?
Is there a pool or does it have an extra large garage ?
Is the landscaping a part of its charm to you and your family?
Expanded living space of a home can influence the final price. Be careful not to be talked in to overestimate cosmetic additions, such as a swimming pool or that beautiful yard. That swimming pool in the back yard may be a deciding factor for you and your family. Remember pools are a lot of hard work to keep up. The pool could also be a big disadvantage if and when you may try to sell the home later. Just because a pool cost $40,000 does not add $40,000 to the value of a home.
This posting and the contents that are written here are the intellectual property of Baker Home Inspection and Consulting. All views and opinions expressed here by Baker Home Inspection and Consulting, and those that are kind enough to leave a comment are just that.
Baker Home Inspection and Consulting Blog is a part of the Active Rain Real Estate Network, which is a social community network made up mostly of Professionals in the Real Estate Industry.
Copyright 2008 All Rights Reserved
I hope you and your family always have a fun and safe day!
Link to Part 1 of First Time Homebuyers Across America
Link to Part 2 of First Time Homebuyers Across America
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Posted at: Localism.com/neighbor/bakerhome
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You said a mouth full in this little post my friend! Many people look at the wrong thing thinking it adds value. Congratulations on your new home... I think a post on the process would be very good for new home buyers. I can not wait to read it! Your Tennessee Friend Brenda :)
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Good information in that post Dale. Keep up the good work informing consumers.