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Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
David Stanley Redfern - Find Your Dream Property Now
1. David Stanley Redfern - Find Your Dream Property Now
Always do some research about a property before buying. There are a few critical points which
you should use to evaluate any potential piece of rental property. Durability is the first concern.
Is the condition of the property good now? Are there potential problems that could increase the
maintenance required? The second key feature to consider is the location of the property.
Location is a paramount consideration for rental properties. Tenants are just like anyone else;
they want rentals that are in good neighborhoods and close to amenities. Another thing to look
for is what the average income is for the neighborhood. An area with higher income is preferable
to those with a lower, average income. Location is less of a problem in areas with a higher rent
than in neighborhoods with lower rents.
You may find that the sellers may work with you in order to ensure that you are able to buy the
house, even if either of you needs to make some sacrifices. The seller might be willing to do
some repairs or cover the closing costs, in order to make the sale possible.
Buy insurance prior to moving in even a stick of furniture, or having your loved ones set one foot
across the threshold of your new home. Without homeowner’s insurance, your home is not
protected in the event of a fire, theft, or natural disaster.
It’s imperative that you are pre-qualified for a home loan before searching for a house. You don’t
want to end up coming across the house of your dreams to be told that you can’t get a large
enough loan to buy it. In addition, the process of finalizing a loan can end up being tedious and
long, so getting a head start will only be of benefit to you as you progress.
If you have a car and you are looking to buy a home, make sure there is significant parking in the
area. This should be an important consideration in the house you choose, especially if you are not
offered an attached garage or driveway. If you choose a location with little parking, you may find
yourself having to hike long distances each evening from parking spots well out of your way.
Do a quantitative analysis of your area’s housing market. You need to check with certain
websites that can tell you about the average prices of foreclosed homes, listings, and backlogs as
well. Other things you may want to investigate are local unemployment rates, income levels and
schools. In some cases, having the perfect location can override other factors.
As you embark on your home buying adventure, you’ll probably appreciate the guidance of
David Stanley Redfern a good real estate agent. Interview a few agents to find a trustworthy one
who understands your needs. An agent that has a proven track record will lead you in the right
direction. It is in your best interest to take the time to look for someone you can rely on.
If you have an interest in real estate investments, find a good broker or real estate agent to help
you. These people have a lot of resources that you might not be able to get. One of the useful
tools brokers work with is special software that sorts through MLS listings based on various
types of criteria. The MLS tools accessible to professionals are more detailed than those
available to consumers, and they’ll be able to advise you with greater insight.
2. If you are considering purchasing a house that has a view, avoid paying high premiums for view
lots. Not all potential buyers perceive a nice view as highly, so if you pay too much, it might be
hard to resell at that price. Therefore, do not over pay for a home simply because you are
entranced with the view.
You need to know what resources and information is available, and what the actual buying
process entails, so use these tips when you plan on buying. If you want to be more comfortable
and confident in buying real estate, you have to understand what you are getting into in the
process.