Lisa Hill Realtor
'Information is power' when buying or selling property, this is one phrase that you simply cannot afford to ignore. It is your responsibility to undertake as much research as possible before making any decisions, failure to which you could end up with a bunch of regrets not too long after a transaction. You can always get some help from real estate agencies like gran alacant properties. The following are a few important tips you can use when buying or selling property.
Consider the Location
Where you choose to buy a property will determine whether you'll be happy or depressed 5 to 10 years down the line. Don't buy a property simply because it is affordable or downright cheap take time to understand the location. Are all the important amenities close by? Is the security situation good? Is the area developing? If the answer to all these questions is no then you really have no business purchasing a property in that location. Simply put, if you get the location right, the value of your property will appreciate considerably over the years.
Condition of the Property (Buying)
Whether you are thinking of buying or selling a property its condition will, to a large extent, determine whether the entire process is successful or not. As a buyer, you obviously wouldn't want to spend your hard earned money on a rundown property i.e. one with busted pipes, faulty wiring, broken windows and a leaky roof etc. Chances are that you will be looking for a home where you can settle in immediately without worrying about extensive repairs. Before committing to anything, therefore, bring in a professional property inspector. These people have trained eyes and are, therefore, able to detect defects that the average person wouldn't.
When it comes to selling, it is up to you to do everything possible to attract buyers and one of the most effective ways of doing this is by improving the condition of your property. In the weeks or months leading up to the listing of your property call in a plumber, electrician, roofing contractor etc and have them assess the condition of your home. If there are any defects, have them taken care of. You might also want to repaint the property and probably even do a bit of landscaping. By doing all this, you will be able to add to the value of your property.
Home prices are rarely ever fixed -- if at all -- and so it would be a good idea to master the art of bargaining. It is, however, important that you do not make an offer that seems insulting i.e. too low. Again the issue of research will come in here because in order for you to know what is reasonable, you will need to have reviewed a number of other properties. Some of the most common bargaining points include location, repairs and the existence of similar properties with lower price tags. It is worth noting that the agentseller may not entirely agree with your offer and so in some cases you might have to cede some ground and meet somewhere at the middle.