Decorating the inside of your home with pillows, a new paint color or window treatments can be lots of fun. But sometimes it’s necessary to do a little work on your house before getting to that stage. To avoid possible pitfalls, the process definitely requires a little research. For those of us who enjoy watching home improvement shows, things like restoring an old fireplace or renovating a kitchen can seem like relatively easy, doable feats. The actual process, though, takes far more time, know-how and effort than a 30-minute show could ever display.
As a real estate agent, I am not going to show a home that is over priced. Why? Think about this. I’m the real estate agent and I would show any prospective buyer anything they want to see. Let me repeat that – I’ll show any prospective buyer anything they want to see. And there you have it. I don’t set the market value, buyers do and they know what they want to pay, period.
Visit the actual properties – this comes right after shortening your list. If you’ve chosen the top http://www.mnrealestatelocator.com companies in that particular area, it’s time for you to visit the actual properties that they offer. While checking the properties online is pretty convenient, visiting and seeing the actual property with your naked eye is still the best. This is where you can actually feel what the property offers. This is also the best way for you to inspect the house.
The bottom line is that the bank just simply wants to know that the person on the other end of the offer is in a position to buy the image source if they are able to get the contract approved.
Another great article by Jeff that I just had to include. Many people go into buying and selling their home blindfolded. This means that you have no clue what certain documents are. Chances are that you feel scared and don’t know whats going on. Jeff explains all the papers for us so you can hold your head high during that Real Estate Tips signing meeting.
Enlist the help of friends, contractors or an experienced Real estate agent who will view your house objectively and not refrain from pointing out problems and offering suggestions.
For examples, the B.E.R would be calculated by adding the total operating expenses of $120,000 to the debt service of $61,276 and then dividing this sum by the property’s gross income of $204,960. Take a moment to review the calculation.