When you buy a home, you’re likely to run into a number of real estate terms. Let’s look at one. Down Payment. A down payment is made by the buyer at the beginning of a home purchase to show commitment to the transaction. It’s usually a percentage of the total price of the home, and paid through a wire transfer. This payment is immediately applied to the buyer’s equity position in the property.
Before you put your home on the market be sure to remove personal photographs and pack up family heirlooms. You want buyers to imagine their own photos on display, and they can’t do that if yours are there. Follow these tips to stage your home easily and inexpensively.
Finding the perfect home can be quite an undertaking, but don’t feel rushed into making a decision without first considering all of your options. According to Industry Research, the majority of home buyers saw fewer than 11 houses. In fact, people who saw thirty or more houses only counted for five percent of all sales.
When it comes time to sell your home remember this: buyers DO judge a book by its cover. Check on your home’s curb appeal before buyers see it. Does your house look warm and inviting? Or does it look like the Musters live there? These tips will help show your house in a grand light.
According to research, homes in good to excellent condition sold sixteen days faster than other homes. They also sold for more money with fewer price reductions.