Tips for Buying a Home in Rangeley Maine

 

Buying or selling a home is one of the most important decisions a person will make in their lifetime. This experience can be daunting unless you are working with a Realtor who understands the process. If you are thinking of buying or selling a home, I can help you.

 

Things Not To Do Before Buying a Home

  • When Income Grows and You Want to Buy “Stuff”
  • No Major Purchases of Any Kind
  • Don’t Move Money Around

The Business Cycle and Buying a Home

  • Recession and Expansion
  • Supply and Demand
  • Should You Try to “Time the Market”?
  • Why You Should Not Wait

Why Buying a Home is a Good Idea

  • The Best Investment
  • Income Tax Savings
  • Freedom and Individuality

Buying a Home With Resale Value

  • Location, Location, Location?
  • A Home With a View?
  • House Size
  • Bedrooms and Bathrooms
  • Closets, Garage & Laundry
  • Kitchen
  • Fireplaces

Factors Affecting Your Offer Price

  • Property Condition
  • Home Improvements
  • Market Conditions
  • Seller Motivation

Offering to Purchase Real Estate

  • Earnest Money Deposit
  • Contingencies in a Purchase Offer
  • The Closing Date
  • Transfer of Possession

Writing an Offer

  • Disclosures From the Seller
  • Condition of the Property Upon Transfer
  • Inspections You May Require
  • Final Walk-Through Inspection

How Financing Details Affect Your Offer

  • Down Payment
  • Interest Rate
  • Closing Costs and Financing Incentives
  • Seller Financing
  • Cash Offers
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