RE/MAX CEO, Margaret Kelly and Chairman/Co-Founder Dave Liniger present the RE/MAX Hall Of Fame Award to local Rapid City Real Estate Agent Jim Whittaker.
Rapid City Real Estate Agent
Your Rapid City real estate agent should be able to give you information on any area. You are here looking for information on purchasing real estate and want it in a simple to read format. If that’s the case, the article below is a great fit for you. We’ll provide tips that are easy to understand.
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If you can, stay away from buying property that is facing or backs into a busy road. While these homes are cheaper, there’s a cause for the lower price. You might be fine with the noise that comes with this, however, it will make it hard for you to sell the house once the time comes.
When making an offer on the home you’re interested in, ask the seller about financial incentives and closing costs. For example, it may be to your advantage to ask for an interest rate “buy down.” If adding financial incentives to an offer, the seller may not negotiate your selling price, though.
A home should only have a fireplace located in the family room unless the property is located in a particularly chilly climate. It may be hard to keep up to cleaning multiple fireplace considering that they are barely used anyway.
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The market crashed, and prices as well as interest rates are extremely low right now. That means that it’s the perfect time to make that move into the affordable home of your dreams. In time the market will correct itself, and the value of your investment will appreciate.
Rapid City Real Estate Agent
Always have extra funds for unexpected costs when buying a property. Closing costs will include down payments and taxes. Very often, closing costs also include some items that pertain to the area in which you are buying, such as improvement bonds, school taxes, and so on.
When you are considering purchasing a building for business use, do your research on the surrounding neighborhood to ensure it is a safe and stable area. Starting a new business in an area of high crime and dilapidated buildings will not win you many customers. Check with local real estate agents to learn the best location for setting up a business.
Go online and search the sex offender registry in the area of any home you are thinking about buying. Almost all states have public sex offender registries, but a Rapid City real estate agent and individual sellers probably won’t highlight the fact that sex offenders live nearby. Make sure you learn as much as you can, do your due diligence.
In conclusion, we have provided you some of the most crucial aspects regarding buying real estate. We hope that you not only were able to learn something, but that you also will be able to successfully apply it. Follow our advice and you will be one step closer to being an expert in this subject.
Buying a home is a major investment, get a Rapid City real estate agent because need all the help you can get, and in most cases, their service is free to the home buyer. Make the process fun and easy, get the information you need here with the “FREE Home Buyers Guide To Success”
As always to your health wealth and happiness.