Looking at Homes for Sale in Greensboro, NC? It Pays to Ask Questions
Owning a home is a dream shared by many. If you are among the fortunate ones who are financially ready to buy your own home, you should do a lot of research, and ask yourself these questions while looking at homes for sale in Greensboro, NC.
Is it within my budget?
This question is a simple one that needs a definitive answer. It’s easy to fall in love with a spacious, cozy house, but before you take out your check book for the down payment, you have to determine if you have the right financial resources for the property. Budgeting is the first step you need to do in home buying. Consider your monthly paycheck and decide if this is sufficient and stable enough to pay the mortgage in the long term. If not, it’s better to look for another house that’s realistically within your financial means.
One of the tools that can help is mortgage pre-approval. By knowing how much money you can get from a loan, you can look for a suitable property. If you find one that costs more than the pre-approved amount, you need to determine if you can afford to pay the extra amount.
Deciding Between Two House – Which One To Buy?
As you find yourself heavily immersed in house-hunting mode, you may encounter a situation in which you’re torn between two houses. Perhaps you and your spouse each have a favorite, or perhaps you both like two houses equally – or think you do.
Making a final decision and determining which Greensboro area home to make an offer on shouldn’t be taken lightly. The decision should be made rationally and not guided by emotion.
Of course, you may not have the luxury of taking your time on deciding which house you’d like to pursue. You may be looking in a community in which homes in your price range get snatched up as quickly as they go on the market, perhaps even attracting multiple offers. (more…)
What Home Buyers Want – Selling Your Home
What do home buyers in Greensboro want? Whether you are marketing your Greensboro home to first-time home buyers, young families or empty nesters, all of them are looking for some of the same characteristics in a home, along with a few special preferences that meet their specific needs.
Of course, home buyers are individuals, too, so the feature in your Greensboro home that most appeals to one buyer, such as an extensive backyard with space for gardening, could have zero appeal for another buyer. Researchers at Smith Marketing in Greensboro spend a lot of time profiling buyers to find out how to market existing homes and how to design new homes to appeal to a broad market.
As a seller, there are some things you may not be able to change easily about your home, but the more you know about what attracts home buyers, the more you can emphasize those features in your marketing materials and by staging your home. (more…)