Maybe you are single and buying your first home. Most likely, this isn’t going to be the home you raise kids in. We still encourage you to buy in a growing family neighborhood where schools are established or are in the phase of being built. This is the perfect investment scenario. A home where families are flocking and schools are growing is only going to go up in value. So buy that family home even if you don’t plan on staying in it for the long haul—your wallet will thank you in the end. Of course, realtors and sellers have a legal obligation to reveal pertinent things they know about the property. Things such as past floods, restorations, and future building proposals in the vicinity are all topics that should be revealed to a potential buyer. Wouldn’t we all like to know if a baseball field is proposed for construction across the street?
Do your research before meeting with an interior designer or decorator. Ask yourself what you want your space to become and what it will be used for. Figure out the extent of what you need help with, what your must-haves are and what your budget is. Interior design services can add up fast, so be up front with a potential design firm or individual from the beginning. Also, pick a home decorator that fits your style. Browse through the portfolios of different home design firms and decide if you would live in those houses. Just because you like something doesn’t mean you could live in it. There is a big difference!. The scales are already balanced against getting the best price (unless your realtor takes a flat fee no matter the selling price— and not many do). How do you fix this? You need to stay firm when it comes time to barter the price. Have a number in your head that you are willing to pay and stick to it. Don’t allow anyone to negotiate a price that you are uncomfortable with and be willing to walk away if you don’t get what you want. Keep emotions at bay and know there are always other houses on the market if you lose this one.
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