subject: 10 Tips for Buying and Selling a House in the Carolinas [print this page] 10 Tips for Buying and Selling a House in the Carolinas
For many people, buying and maintaining a home is a big part of our adult financial existence.
From an early age most Americans know their home is one of their most important financial assets.
For most of us our house also constitutes a major part of our overall net worth so its important in these trying economic times to put things in perspective.
The current downturn in housing has been deep and persistent and although there have been some rays of light out there from incredibly low interest rates to the recent $8000 home buyer tax credit we have a long way to go before home prices recover and the real estate market returns to more normal trends.
Right now we're in a buyers market so for many of us wanting to relocate or retire and actively seeking our best place to live in South Carolina or North Carolina, there are a lot of great deals awaiting..
At the same time, some of you also need to sell your current home before you can relocate or retire to your best place in the Carolinas.
Now... that's not cause to get discouraged, it just means that the process may be a little rockier than in the past and you need to keep an eye on the big picture.
In fact, in tough times like these it's good to keep in mind certain fundamental principles of buying or selling real estate.
Let me offer 10 Tips to help you whether you are buying or selling a house.
1. What is your dream?: Ask yourself why you've waded into the real estate market and what you hope to accomplish. What do you need to make your dream a success and find your best place to live? Compile a list if you need to.
2. Find a real estate agent: An experienced realtor can make all the difference. Someone licensed and in tune with the local housing market can provide you with a lot of options when buying and much needed advice about what is selling or the little things to attract a potential buyer.
3. Do your homework: Few people buy anything without having a look at it, especially housing. Look into everything from local home sales prices to even the smallest details about your potential new best place to live neighborhood.
Sellers want to know what buyers are looking for and what other homes have sold for in their area.
4. Find your price: Even with all the great deals, think about what you can afford to pay for your new home once you've decided on your best place to live in South Carolina or North Carolina.
Sellers, in a buyers market you're going to have to price your home to sell, which right now means lowering your price.
5. Get your finances in order: Lenders are pretty stingy these days so having solid finances can make all the difference at getting a decent loan.
Having your finances in order also makes it easier to plan and successfully move to South Carolina or North Carolina your next step after selling your home.
6. Communicate: Buying and selling a home is about being able to communicate what you will and won't do.
Given the financial investment this is very important. Pursuing good lines of communication with realtors, banks, buyers, sellers, spouses, etc. can only help you.
Remember this is your best place to live we're talking about. The time of your life you have been planning for a while now.
7. Inspect the property: Whether buying or selling, having a home inspection done is a good precaution. You don't want to be surprised by a major problem and it can only help you when negotiating your price.
8. The Offer: Take all you've learned and prepare for the back and forth of making or entertaining an offer on your home or the home you've decided you've just got to have in the Carolinas.
Think of ways that might enhance your chances (ex: cash offer, covering closing costs) as the process moves forward.
9. Be flexible: Keep things in perspective and be opportunistic when it come to what you will and won't do when either buying or selling.
10. Be patient: Don't worry how long it takes to find your best place to retire or relocate to, or sell your home and buy your dream home.
Just know that in time you will find what you want. You'll find your best place to live, your dream home in the Carolinas!
Remember, things might not go the way you have planned especially in the beginning. As with any journey there may be bumps along the way but hang in there. This is your dream we're talking about.
For more tips on relocating and retiring to your Best Place to Live in North Carolina and South Carolina visit www.PlacesOfValue.com. Read more articles on how to find your best affordable places to relocate or retire to in North Carolina and South Carolina.
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