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“If” Buyers Can Keep Their Heads…

In the midst of uncertain times, watch out for what you react to, if you’re serious about buying a home.

This is an especially important caution if you are a first-time or a first-time-in-a-long-time home buyer. We live in a “quicksand” time of shifting realities and emerging uncertainties. The pandemic overlay adds an unsettling craziness about environmental, political, financial, and personal crises.

First-time buyers are nervous enough about spending all their savings and becoming deeply in debt for decades. Add pandemic angst, inflation fervor, supply-chain shortages, holiday hype, and even the most confident home buyer may feel they are on shaky ground.

Buyers can work themselves into a frenzy of insecurity and self-doubt as they frantically search for THE ANSWER or for that perfect list of “10 Things Home Buyers Must Do.” Too often, they learn nothing new.

Stop and think.

Read more: “If” Buyers Can Keep Their Heads…

4 Things People Say About Selling a Home Today That Aren’t True

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You’ve heard the stories: Maybe your neighbors sold their fixer-upper as is for $100,000 over asking price. Or your friends were deluged with crazed homebuyers engaged in a bidding war within 24 hours of putting their house on the market.

It’s no secret that today’s seller’s market is wilder and more competitive than it’s been in years, fueling sellers’ hopes of major profits if they list their own home, too. All of which could be true—but only if you gauge your market carefully, and handle your sale with care.

Read more: 4 Things People Say About Selling a Home Today That Aren’t True

How to Buy Your First Real Estate Investment

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Being a real estate investor sounds like a lofty goal, but it may be more within your reach than you realize. Real estate investing doesn’t have to mean you have a massive portfolio, although maybe someday that’s the goal.

Buying your first investment property is enormous and likely pretty intimidating as well.

The following are general things to keep in mind that can apply universally regardless of your budget.

Determine Your Goal

Read more: How to Buy Your First Real Estate Investment

Tips for Selling a Fixer-Upper

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Selling a house that needs work as-is is a challenge, but certainly not impossible. What helps when you’re selling a house that’s perhaps less-than-perfect is to research and understand your target market.

Be Realistic About the Situation

If you’re debating whether or not to sell your home as-is, you need to be realistic about your specific situation. A fixer-upper can be a house that’s generally in great shape but needs cosmetic updates to modernize it. On the opposite end of that spectrum, a home may have serious issues. For example, it might have plumbing, electrical, or foundation issues.

Read more: Tips for Selling a Fixer-Upper

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