Thursday, December 27, 2007

Real Estate Hints and Thoughts....

If Buying or Selling Real Estate is on your mind and your are listening to the news....
Here are some thoughts to think about.

a) if you have some money for the down payment and a good income and good credit rating
this may be the perfect time for you to look for that first home....
b) when deciding on buying a condo, a townhouse or a single family home a variety of reasons may sway you one way or the other
and I will talk about them in my next blog
c) If you currently own a property and you would like to upgrade, either because you need a bigger home, you want a larger lot or you want
to move to a more expensive suburb or town, i.e. if you are selling a less expensive property and buying a more expensive property this is
also a good time for you to look and buy, since even though you will get less for your current home you will make up for it by also paying
much less for the new higher priced home - so by all means at least explore your options

d) If you are moving from one job to another and you have to sell either because your are moving to far away or even though you could
stay the commute will eat into your free time and commuting long distance is costly as well - So if you are moving to a much better
job, better income you may just doing the right thing to move anyway.

e) on the other hand, if you are selling your current home, because you want to retire whether you already have a retirement home
somewhere else or you will be buying a smaller property, like going from a single family home to a condo or townhouse, you may want
to wait a little for the market to change. So in that case if your health and style of your home does not indicate that you must move,
be patient and wait a little.

Markets always change - and connecting with a good Realtor you trust who provides you with listings of available properties so that you
keep informed and see regularly what is available would be to your advantage.

edithsellshomes@gmail.com

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