Foreclosed homes that are up for auction can be appealing to homebuyers who are working on a strict budget and seeking out more affordable properties. However, there may also be some caveats that come with buying a home that has been in foreclosure, so it's important that prospective buyers get all the information about the [...]
Real estate agents agree that one of the keys to buying and selling a home revolves around the price of a property. Sellers who price their homes too high are likely to turn away potential buyers, while individuals who bid too low for a home may be hurting their chances. However, a recent Coldwell Banker survey of real estate [...]
By doing your homework before you buy, you’ll feel more content about your new home. 1. Decide how much home you can afford Generally, you can afford a home priced 2 to 3 times your gross income. Remember to consider costs every homeowner must cover: property taxes, insurance, maintenance, utilities, and community association fees, if [...]
