Don't panic. All these factors will not affect every property.
Our point is that buyers should find out which, if any, of these issues could significantly affect their new home, its market value, and their life at that location before they buy.
- Concentrating too heavily on interior decor and not on relevant listed issues above, may leave buyers vulnerable to unpleasant realities after moving in.
- What could buyers do about surprises like those listed above after they move in?
- Would issues like these affect what buyers are prepared to pay for that real estate in the first place?
Who can possibly know all these details about a property?
- The property owner, or at least the smart ones, keep up on what is going on at or near their location because all of this affects property value and enjoyment.
- Neighors know a lot —maybe more than sellers realize.
- Local real estate professionals know this and more because local knowledge and market value are what their work centers on. Listing professionals spend time with sellers to explore the history of the property and the area. Between them they know what's going on locally and how that property will be affected.
- The local real estate professional or buyer's agent who assists you in finding the right real estate for your needs and budget has access to the owner's knowledge and that of the listing professional through the Multiple Listing Service. This plus their own local knowledge should help you understand the listed factors relative to the real estate you are considering.
No comments:
Post a Comment