|
|||||||
|
|
|||||||
Pottsboro Real Estate Guide / Help for Buyers and SellersPottsboro HOME BUYING PITFALLS TO AVOIDSellers usually rely on sales of Pottsboro homes of comparable value to determine a fair and realistic price to set for their home but many sellers feel their home is worth much more and price their home accordingly. Buyers must also be tuned into sales for comparable homes in Pottsboro in order to judge the price of any home that is under consideration. Being “House Poor” gets to be “Old New” real fast. A large and beautiful home with little or no furniture tends to be empty and cold. A life where almost every dime of income goes to the support of the Pottsboro house wears thin very quickly and is a frequent cause of family stress. Pushing yourself right up to your limit leaves you highly exposed when the inevitable changes to the national or your personal economy occurs. Guidelines for Buying PottsboroThe Internet is great but nothing really substitutes for your personal inspection of homes that are for sale in the Pottsboro. When you have visited plenty of homes online and in person when the right property comes along you will know it. It is perfectly normal for buyers to have a general idea of what they want in a home without a great deal of specificity. Research, both online and in person will help you define your Pottsboro needs but you can and should know your financial needs before you even start looking. I recommend that buyers go through the process of prequalifying with a lender or at least with a real estate agent in order to narrow the search among homes that are a possibility. Many agents refuse to show homes to prospective buyers who have not been pre-qualified. Pottsboro. How Much Should You Offer?Comparable sales figures is a good guide for homeowners who are pricing their Pottsboro and a good guide for prospective buyers. Make sure you compare homes that are similar to the one your are considering...the same neighborhood, the same size, the same condition. Also, make sure you compare sales within the past six months. Ask your REALTOR for a comparison of the list price and sales price of comparable Pottsboro sales. This information may give you a trend and a guideline for your offer. For example, maybe homes in the area have consistently listed for more than they actually sold for. If that is the case, find out what percentage of reduction occurred. Use this information as a basis for your offer. Choosing Your Pottsboro NeighborhoodThe fact is that much of the value of Pottsboro and real estate in general rests in its surrounding economic and social environment, which means it’s neighborhood. In addition to being located in the right neighborhood, the Pottsboro that you buy must not clash with its surroundings. To picture what we mean here, visualize the most expensive home you can imagine and then place it in the middle of a run down neighborhood. Not so desirable is it? To sum up, the Pottsboro that you buy gets its value from a combination of the home’s location and its size, style, age and amenities. You can change the home’s size, style and amenities but you are stuck with the location. Does Your Pottsboro Have Curb Appeal?Good curb appeal is definitely an advantage to home sellers when prospective buyers visit your Pottsboro and can be an advantage in advertising in the newspaper and on the Internet. However, it is important to note that even a home with great curb appeal can look bad in an advertisement if the photographer did a bad job with the camera. A photograph of a Pottsboro home on a dreary day will look quite different from a photo of the same home when the sun is shining. Sometimes it is better to take a picture of a home from an angle rather than a straight on shot that may turn out to be more about the garage door than about the house itself. Pottsboro BENEFITSA benefit is an advantage or something that promotes or enhances well-being. A Pottsboro benefit might be its location, its home styles, its diversity and/or its proximity to major highways, employment, education and shopping. Whether or not any of these factors are or are not a benefit depends entirely on the point of view of the potential buyer. For example, being close to a major airport might be important for someone who flies a lot and an annoyance to someone who never flies and dislikes the noise of airplanes flying overhead. |
|||||||
|
