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Windermere Exclusive Properties
355 Carlsbad Blvd.
Carlsbad, CA 92008
Phone: (619) 997-3339
Buying San Diego Real Estate
Buying a Home With Resale Value
© copyright by RealEstate ABC
There are many things that should be considered when buying a home. Since most homebuyers expect to buy a bigger and better home someday in the future, resale value is an important factor in decision-making. You use the proceeds from selling one home to buy the next one.
While no one can guarantee that your home will grow in value, there are steps you can take that maximize your potential gain.
"Location, Location, Location"
"Location, location, location," is a common and almost hackneyed phrase in real estate literature. Your agent may even throw it at you when you ask for advice about buying a home. However, what does "location, location, location," actually mean? Why repeat it three times?
Mostly, "location" is repeated to emphasize that it is extremely important to the resale value of your home. The idea is to buy a house that will appeal to the largest number of potential future homebuyers. A careful choice of location can minimize potential negative influences on future resale value, and maximize positive influences.
Focusing on resale value requires you to make several different "location" choices. The first choice you have to make is "which community?" At the very least, you should narrow your choice down to just a few local communities.
Buying a home is probably the most important investments you'll make. Don't leave it to chance. Review our buyer resources below and then contact us for a better understanding of the local market and homes for sale in the area.
Step-by-Step Home Buying
- Don't Buy a Car - or Did You Already?
- Things Not To Do Before Buying a Home
- Reasons to Delay Buying a Home
- Are you Buying a House? Or a Home?
- Why Buying a Home is a Good Idea
- The Business Cycle and Buying a Home
- Why Search for A Realtor?
- Looking Ahead - Buyer's Remorse
- Comparable Sales and Your Offer Price
- Factors Affecting Your Offer Price
- Offering to Purchase Real Estate- the Basics
- Writing Offers - Property Safeguards
- How Financing Affects Your Offer
- How FHA and VA Affects Your Offer
- Agreeing with the Seller on Some Services
- Buying a Home for Resale Value - Location
- Buying a Home for Resale Value - the House
- Did You Make a Huge Mistake?
Buying Tips & Insights
- When Your Home's Value is Less Than the Mortgage
- Should You Buy a Home in Today's Market?
- The Home "Wealth" Effect
- Closing at the End of the Month.
- What is the Multiple Listing Service?
- How the Lockbox Helps Buyers and Sellers
- Location, Location, Location - Means...what?
- When Market Value Outpaces Appraised Value
- What Goes With the Home When You Sell or Buy?
- Negotiating Contingencies in Real Estate Contracts
- If you bought cars the way you bought houses
- Asking the Seller to Pay Your Closing Costs
- Where is an Agent's "True Value"..?
- The Earnest Money Deposit
We recommend that you get familiar with the Local Area by taking a look at the current properties available on the San Diego Multiple Listing Service (MLS).
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