Real Estate Wisdom, Advice & Experience…….
Well where to start…
For Buyers First
Lets see, I’m going to talk to you as if you were my son or daughter.
For starters decide how you are going to look at your home, What I mean is it an investment or a home to raise a family?
This is very important because it will determine how you go about buying your next home. If its strictly to make money long term, look for the worst home in the best location. Find a fixer if your handy with your hands. Look for things you can improve about the home that will bring about a positive return over time.
Don’t get in over your head and verify everything that is told to you. Take nothing at face value, because you will have none to blame but yourself if you buy the wrong home.
Now if its to be a home to raise a family and make memories in, then thats a whole different approach. Yes still look for the best value, but now your focus is more on long term factors of the area, the schools, the amenities and so on. Look for an area that has parks, a good planning and zoning department. Look for good infrastructure in the area.
Do you want a neighborhood with a long standing history for being well maintained or do you want to be on some acreage without restrictions.
This is just a start but I believe the most important part. You have to define the expected term of ownership in that particular home and os answering the question is it for money or memories that I”m buying this particular home.
For me until I started my family every home was just another commodity a means to make money. There are many tax benefits to real estate and wealth building that you have to take into consideration. I have done well rolling out of one home and into another every two years like clockwork.
I can help you with many more aspects of buying home, just give me a call and I will be happy to help.
Now For Sellers
Well this is where people don’t always want to hear the truth. In our current market, if your underwater on your home make a decision, either walk away and deal with the credit consequences or sell it and move on with your life.
What ever money or equity you had when the prices were higher is just that HAD, you don’t have it anymore so accept that and move on.
What most people don’t realize is that, yes you will be selling for less the what you could have just a few short years ago, but hey you will also be buying at lower prices than you could have just a few short years ago. Way lower.
So look at both sides of the deal and not just the one that shows what you may have lost, because you have a lot to gain on the new home as well.
There is a lot more to selling a home in any market, but for now this seems to be the biggest hurdle people are having, to let go of the past.
Hopefully we have all learned a lesson here, one in the hand is worth more than two in the bush. So next time sell when the prices are high and then wait for them to come down again and then buy again.
Give me a call if your thinking of selling and I’ll put my SEO Listing Expertise to work for you.
If anyone can get your home sold faster and for more money it will be ME or another SEO Listing Expert, but I haven’t trained any yet so, there is only one other one i know of and he is my best friend and I’ve shown home, so if you don’t like me, I’ll send you his way.
In fact I work in this manner…If you and I do not click or we won’t be a good match for each other I will help you find someone would be a good match for you, because your happiness is more important than a few thousand dollars in my book.
I don’t have to have every one be my customer, so give me a call and I’ll get you taken care of one way or another.
look forward to hearing from you.