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Real Estate Buying & Selling Tips Galore
August 30, 2007 on 4:17 am | In First Time Home Buyer, Real Estate Tips | 2 CommentsCruising around the web today I ran across two sites offering you tips on various aspects of buying and selling real estate.
A blog entitled Oppertunity Land (not my spelling!) has a posted a list of excellent tips for home buyers. An interesting read, and the author promises to add to the list in the future. You should definitely check out all the tips offered, which you would use throughout the buying process, but the first one stands out to me, as it’s something I find myself telling people all of the time:
1) Know Your Budget Sounds obvious but there are buyers out there today who have no idea how much it is likely to cost them to buy a home, or what they can afford. Work out what you have coming in, and what you can afford to spend each month including all the household bills.
Seriously, it’s disturbing how many people simply don’t get what they can and can’t afford, and that’s exactly why we’re facing the current mortgage crisis. Whether it’s a home or supersizing your fast food - 1. Do you need it? 2. Can you really afford it? A Big Mac might not sound like much, but it adds up… no self made rich person will tell you they got their with stupid spending habits.
The bottom line is that people need to take responsibility and ask themselves “can I afford this?”, and when you screw up, don’t ask the government to bail you out… because now you’re hurting the rest of us! If you find yourself in trouble, you’d be better off checking out these tips on avoiding foreclosure.
The OC Coastal Real Estate Blog is also offering up a list of 10 tips relating to real estate buying, selling, and investing. It appears they had some formatting issues, as the post isn’t broken down in to paragraphs, but it’s worth a read because there are a few nuggets you could take away from it.
Tags: home selling tips, home buying tips, home for sale tips, real estate tips, home buyer tips, first time home buyer tips, first time home buyer
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