Upgrading to a Larger Home
Few things say success like property ownership. Few things indicate prosperity like upgrading to a larger and more spacious residence. Yet we have all heard horror stories of money pits and unmanageable debt.
Few things say success like property ownership. Few things indicate prosperity like upgrading to a larger and more spacious residence. Yet we have all heard horror stories of money pits and unmanageable debt.
Author and Holocaust survivor Corrie Ten Boom once advised her readers: "Hold everything in your hands lightly, otherwise it hurts when God pries your fingers open." Good advice from someone who knew both abundance and poverty.
Among the most nail-biting periods during a home sale is the inspection. Needless to say, both parties to the transaction are a bit nervous: the seller, because the results may require costly repairs or price concessions; the buyer, if the dream house turns out to be more of a nightmare.
In fishing, as in life, purpose often determines what techniques and tools are employed. The same holds true in real estate conveyance. Some sellers would rather not wade through a sea of unacceptable offers to find the one they want.
Like many businesses, real estate experiences highs and lows, sellers' markets and buyers' markets. When the inventory of available homes for sale is modest but demand for them is high, sellers are often left with several attractive offers on the table.
The open house is an enormously fruitful technique in terms of generating interest in a home for sale. With advances in image creation and transmission technology, virtual tours are popular and becoming more so.
Owning some oceanfront property -- as a primary residence or vacation retreat -- is the dream of millions of landlocked homeowners. The cool ocean breezes, magnificent vistas and proximity to water-based recreation are universal in their appeal.
Most home sellers do not have the luxury of selling under optimal market conditions. When the time comes to sell, they list the house and make the best of it.
It is nice to have the luxury of time when selling a house. Owners can be more selective with the offers they consider. However, most people are under some pressure to convey the property within a relatively limited time frame.