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