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By: Brain Loi

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Tuesday, 25-Dec-2012 11:01 Email | Share | | Bookmark
Tips To Help You Get The Best Deal For Your Real Estate Investme

You might think that you have to be in the right place at the right time in order to buy the home you want at the price you want, but the tips in this article show you that you just need some shrewd real estate advice. Knowing the right thing to do can make all the difference - it's not all about chance.

Research the area as well as the property. Try to find out as much as you can about natural disasters that may have occurred over the years as well as the local crime rate. Find out about what local highway access so you can map out your route to work, school or shopping.

Having a house that is surrounded by land that is good for hunting or investing in undeveloped real estate that is good for hunting can be a way to make money off one's land. By renting the property to use for hunting during scheduled times the owner can make money off their Greer SC real estate.

If you are having trouble coming up with the down payment for the home that you want, you may want to consider asking your lender about an 80/20 loan. You will be able to get a loan to cover the down payment and another to cover the cost of the home.

The more you let your agent know about yourself, the better suited they are to finding the property that is right for you. Your Greenville SC realtors goal is to know what your exact needs are so they can search for you and not waste your time showing you properties that are not right for you. So give them everything they need to do their job, which will save you aggravation and time.

Return favors. One of the things that many new investors do not realize is that if you help out those in your network with referrals, they are more likely to help you in the future. A good example would be someone who comes to you and asks you to buy their property, with you realizing that they would be better off getting a refinance loan than selling. At that point, you could them point them to your refinance contact. In the future, that same contact might send potential properties your way in return.

If you have your heart set on a house in a certain neighborhood, but can't afford to buy there right now, consider purchasing a lot. A piece of land will cost significantly less than a built home. This will also allow you to build the house you want, in the time frame you want, and within budget.

Before you start house-hunting, make a list of criteria that you want your future home to have, and rank this list in order of priority. If you take this list with you when you view homes, you may remind yourself of important features. If the home seems perfect, but is missing your top criterion, then it's not perfect for you.

Be realistic and fair in the amount you offer a seller when buying property. The average seller knows what their property is worth before you come to them. If your offer is unreasonably low, the seller may become annoyed or offended. If the seller feels you are wasting their time, they may not want to spend further time negotiating with you.

For families who have children, it is important to know how many sex offenders live in your potential new neighborhood, and where they live in proximity to your home. You do not want these people around your kids. In many areas of the country, agents do not have to legally tell you this information. You can always ask your local sheriff's office for this information.

When looking to buy a home, be careful when choosing your Greer SC real estate agent and inspector. When you are buying a home, it is one the the most important purchases that you will make. You should try to locate an agent and inspector who has good credentials, references, and a recent performance history. Have an interview of a few options before actually choosing one.

As you can see from the practical advice in the tips above, you can save time and money if you know the right approach. It is not a matter of chance at all. Knowing how you should go about buying your new home can make all the difference.

For more information please visit: Sell Your Home Greenville SC

Monday, 17-Dec-2012 08:43 Email | Share | | Bookmark
Lenders Are Now Giving Home Loans To Borrowers With Poor Credit

Are you at the stage in your life when you want to start looking at buying a house of your own, but can't even think of where to begin? Well look no further because this article can help you with your problems buying Greer SC real estate property and offers easy solutions!

Are you looking at buying a home? If so, it is important that you get a professional inspection done on the home. There are many things that can be wrong with a home that you may not be able to see with the naked eye, including structural damage and mold.

If you are not feeling great about a property right away, and you have more than a few reservations about the property, then it is best to look somewhere else. Nobody wants to purchase a home and then have buyer's remorse set in later. That would be a total waste of time and money.

An 80/20 loan may be the solution to your problem if you cannot seem to come up with the money for a down payment on a home. This is when you take out a mortgage to pay for 80 percent of the home and an additional loan to cover the other 20 percent.

Sleep on your decisions. Don't tour a property and then decide you love it and want to put in an offer immediately. Always take a day or two to think about it. Once you are sure, go and look at the property again through fresh eyes to make certain.

If you plan or hope to have children in the future, research the area of the home you're interested in buying. Look for highly rated schools, but low crime rates. Moving out may not be easy by the time you do have children.

Make "you love it" the number one reason for your purchase of a new home. Ultimately, your home needs to be a comfortable and a safe place to live. Most homes appreciate in value over time around the rate of 5.4 percent. If you take care of your home and make improvements, an increased appraisal value is likely to follow, so don't factor appreciation too much into your decision. If you love a home, make an offer!

If you are not able to secure traditional financing in order to purchase a home, you may consider looking for Greer SC real estate property that has owner financing. Owner financing allows the seller to sell you the property on their own terms and collect a payment from you each month. They get not only the purchase price, but the interest as well.

When purchasing your first home you should try to think about resale value when you are making a decision on where to live. Properties that are located near hospitals, schools, and downtown areas normally have the most amount of buyers interested in them and they sell much faster than other homes.

When considering a piece of real estate you feel you may want to buy, talk to the owners of neighboring properties if you can. Greenville SC Realtors, mortgage providers, and sellers have their own interests and biases when they tell you about the neighborhood. The people who live and work right next to your potential property have first-hand experience with the area. Pick their brains if you can.

As you can see, buying a home is easy when you know what to expect. Using what you've learned today by reading this article, you should have no trouble going forward with your plans to buy a house and start building equity in your very own home. We hope you enjoyed this article on buying real estate!

For more information please visit: Greenville SC Real Estate

Saturday, 1-Dec-2012 07:53 Email | Share | | Bookmark
Conduct a Home Inspectionbefore Selling Your Home in Greer SC

There are quite a lot of things that you need to consider when selling your home property.One of these is to hire a reliable home inspection services. Home inspection is actually in the advantage of the buyer and this is considered a seller’s legal obligation. Buyers would often ask for a certificate of home inspection before they decide to push through with buying your home property. So before you decide to put your home property on the list of Greer SC homes for sale, there are some parts of your home that you need to have inspected. The process is a bit meticulous and below is a list of home inspection that you need to abide to.

Attics and Similar Spaces

When checking for damages on the attics and on similar spaces, start by checking any unsightly spots on the walls and in the floors. You can do the inspection on your own, but take note that there are actually some parts that you might not notice yourself. In this case, you need to ask help from a professional who offers home inspection services. A well-experienced home inspector knows the ins and outs of home inspection and they are well aware of the things that the buyers would often ask while viewing your home property. Before purchasing a property, the buyer as well as the Greer SC Real Estate agent would often ask about the drainage as well as other safety concerns in relation to the attics and similar spaces.

Living Spaces

The living space is one of the most exhausting areas to inspect. This part of the house is often being featured by the seller when putting their house up for sale. Buyers and real estate agents would never forget to ask about the condition of the living spaces when viewing the home property. The home inspectors would check each and every nook of the living area in your house in order to detect any imperfections. They would include every system as well as other built-in facilities to see if there are any worn out elements, misdirection and hideous stains on the living room walls.

Home Exterior

The exterior of your home must be inspected before you place your home property in the list of Greer SC homes for sale. As you know, it is the exterior portion of your house that buyers would first see when they come for a visit. The home inspector will check the landscape, the walls, doors, windows and decks. They will also examine the gutters to see if there are clogs and leaks and check the walls for any cracks or damages. After this, the inspector will check for safety hazards and they might recommend a new paint if they notice that the paint on the walls or gates a re peeling off.

You might think that conducting home inspection is just unnecessary. But if you want your home to be sold easily, then you have to consider hiring a home inspector. In fact, Greer SC Real Estate agents would recommend home inspection in order to have a smooth process whenselling your home property.

For more information on Greenville please visit: Greenville South Carolina Homes


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