What to Look for When Buying a House

What to Look for When Buying a House

It’s easy to get emotionally attached to a new home when you think you’ve found ‘the one’. But while it might appear perfect at first glance, the tint of those rose-coloured glasses might cause you to overlook significant problems with a property. When you’re buying real estate, it’s best to take an investment approach and consider the property’s value, keeping in mind the resale value of the house. These tips on what to look for when buying a house will help you determine whether a property is worth pursuing. These tips are meant to help you determine which properties are worth your time in the early stages of buying a home. But even if a home has passed all of your own tests and you want to move forward, you should still have a professional home inspection done. This will catch anything you didn’t and ensure that you’re able to get what you need from the seller to make repairs thrown into the deal – otherwise, it’s probably in your best interests to walk away. It’s also important to work with a licensed Realtor® when you’re house hunting. That way, you can ask them any questions about the home while you’re doing the walkthrough. You are paying for their expertise and guidance, and there’s no such thing as asking too many questions. They can help guide you and point out potential issues that your home inspection should focus on. 1. Roof Take a look at the roof from the outside of the property. Does it look new? Is it straight or sagging? Are there any holes or missing shingles?...
The Three Most Common Seller Mistakes

The Three Most Common Seller Mistakes

Chances are if you’re selling your home, you want to get it done as fast as possible and for the highest price. But getting the results you want comes down to much more than just listing your home for sale and crossing your fingers. Selling a home is a complex process that requires the expertise and know-how to get it done properly. Here are the three most common mistakes that sellers make when trying to sell their home (and how to avoid them!) 1. Condition In order for your home to sell within a good time frame and at the best possible price, it needs to be in good condition. When buyers walk into your home for the first time, you want to give them the impression that your property has been well-cared for and is mostly move-in ready. This includes things like fixing interior and exterior paint; patching any holes, cracks, and dents; tending to any landscaping that needs to be done; and ensuring your home is clean and tidy. Some buyers don’t mind taking on small cosmetic repairs or updates, but will expect a price reduction to cover the cost of taking care of them post-move. The larger and more serious the repairs needed, the lower you will need to price your property. In some cases, it may make sense to take care of repairs before listing your property to attract more buyers at a higher price. On the other hand, some updates can be left to the buyer so that it is tailored to their tastes. Talking to a Realtor® can help you determine the costs...