A home’s square footage will be listed in a variety of documents. You can ask the homeowner to see documentation verifying square footage or bring a tape measure to measure rooms yourself to verify a home’s size. You need to make sure public records for square footage match the listing. If the discrepancy between the numbers is more than a hundred square feet, think twice about making an offer on this listing or start investigating why the discrepancy exists.
A good real estate agent is an advantage. The Internet and the Better Business Bureau are great places to search for reliable agents. Ask reliable friends and family to get an even better idea of who to trust.
When you are ready to make an offer on a home, ask the sellers to consider financial incentives such as help with any closing costs. One common incentive is to request that the seller “buy down” your loan’s interest rate for the first one to two years. By adding financial incentives to an offer, the seller is less likely to want to negotiate the price.
You should refrain from investing in a home that is situated directly on a busy road. While these homes are cheaper, there’s a cause for the lower price. You may not mind the noise from the road, though you will have a harder time trying to sell it in the future.
Uneducated buyers are likely to make mistakes leading to huge losses, poor decisions typically being the root cause of their problems. You, on the other hand, are smart enough to seek out information before you buy. Use the advice in this article, and you’ll be able to make smarter choices. Once you have the right information, it’s up to you to use it.
For help with Summerland Key Real Estate contact Abby Oglesbee