Real Estate Corner…
Q. How do I get the best home for the lowest price?
A. Price is only one of several factors to consider when you purchase a home.
- Preferences: Make two lists with one outlining your needs and the other a list of your wants. Compare lists with other members of your family so you are agree on what’s important before you start looking.
- Budget: Get pre-approved by a qualified loan officer before your search to find out what monthly mortgage payment is possible given your debt and income.
- Location: The “best” price is usually not the cheapest price. Desirable locations demand higher prices. But communities with higher prices also often retain their value the best.
- Negotiation: Inexperienced buyers sometimes want to “lowball” their initial offer. Too often they end up disappointed for a variety of reasons such as competition with other buyers, a negative reaction from the seller, and the need to start all over again if negotiations fail.
If you want to learn more, ask about my free consumer report titled,
“8 Secrets For Saving Thousands When Buying Your Next Home.” This guide will save you time and money even if you’re not planning to buy soon.
Do you have a real estate question you want answered? Feel free to call me at <<888-8888>>. Perhaps I’ll feature your question in my next issue!