In this post-recession era, things are challenging for most of the families. With shrunken finances, buying a house at this time may not be possible for many, but it is still a good time to invest in real estate. However, you should approach the process carefully to ensure that you save more. Here are four steps you must take if you are serious finding the right property at the best possible price.
1. Consider Your Needs
First consider the budget and the features you would require in a home where you คอนโดมือสอง กรุงเทพ plan to live for a long time. Some people want to live close to an area with more recreational and shopping facilities. Those who have children must look for areas with schools, day-care facilities, parks and hospitals.
2. Maximum Down-payment
Once you have confirmed a real estate deal, try to make maximum possible down-payment. Usually, competing offers are almost the same. However, the seller gives preference to the buyer that offers a higher payment upfront. A larger number of buyers don't know that this is one of the main reasons they lose good deals to other home buyers.
3. Look for Motivated Sellers
There are many homeowners who are eager to sell of their real estate immediately. A buyer can take advantage of such a situation by making the most out of their bargaining power. And bargaining may not just be limited to the asking price. Ask the seller if they are ready to offer some or most of the furniture and fixtures along.
There are many signs that could tell if the seller is in a hurry. Check how long the property has been on the market. If it has been so for many months and the seller has made many price reductions, it is a good sign for you. Another sign is that if you find the home to be empty. This means that the seller has moved and chances are they have a couple of mortgages.
However, there could be several other reasons why the seller is in a hurry. Take the help of your agent to find out what motivates the seller. Agents have instant access to the multiple listing service and they could find the listed price compared to the selling price of other matching homes in the location. They could also help you dig the information like the duration for which the real estate has been on the market and the price reductions.
4. Look for Foreclosures
The large number of foreclosures in the last few years has been big pain for a large number of homeowners. However, they also mean that other buyers have some good deals to grab hold of. Such real estate is usually available at high discounts. Therefore, it would be worthwhile checking these properties in the market.
Again, getting a good deal comes with a few challenges. Have an experienced agent beside you, because he/she can help in taking care of the legal concerns. Still the amount of money you could save from such a deal could be significant.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น