We've listed a series of articles on buying and selling homes and properties in Lynchburg. Browse below to find articles that interest you.
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Making a mistake in selling a home can cost you hundreds or thousands
of dollars in lost profit. Often home sellers make the same mistakes
over and over. Avoiding these mistakes is easy and takes little time
and effort on your part. Take the time with your home sale and follow
the guidelines in this report.
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Income. Debt. Down Payment. Closing Costs. Two Years Income Tax
Returns. Assets. Liabilities. IRAs. You want WHAT? Just what can I
afford? Buying
a home in today’s marketplace is a bit intimidating. And your new home
purchase is likely to be one of the most important decisions you’ve
ever had to make. Usually it’s one of the single most valuable assets
you’ll own.
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Selling your home can be an exhausting experience. Last minute walk
throughs, inconvenient calls, price adjustment and the possibility of
being stuck with two mortgages are real concerns. If you are not
completely prepared you could end up losing hundreds, even thousands,
of dollars in profit.
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Why People Are Afraid To Buy From You!
Many homeowners believe that to maximize their profit on a home sale they should sell it themselves. At first glance, they feel selling a home is simple and why should they pay a broker fees for something they could do themselves? In fact, close to 25% of all the homes sold last year were sold for sale by owner (FSBO).
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Less is more
If
you're new to investing or real estate and don't know the first thing
about interest rates, here's a good tip: the higher the interest rate,
the more expensive it's going to be. High interest rates mean you will
have to pay back more on the money you borrow. Another good rule of
thumb is that affordability increases if you use an adjustable rate
mortgage (it's easier to qualify this way). Of course, there will be a
wide range of prices that you can choose from, depending on what kind
of financing you choose..
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