Buying Your New Condo
Get started on buying your new home
Congratulations! You have decided to purchase a Condo, or are thinking about buying one. You'll be joining the ranks of millions of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family. When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours. Over time, your home will increase in value.
Motivation: Buyers must be motivated to compete successfully. Our agents urge their buyers in this market to be clear about both their “motivating why" and their criteria for the property itself (size, location, condition, floor plan, etc.)
Location: Contrary to the rumors, prime buying opportunities exist in almost every neighborhood and price range.
Condition: Buyers should understand that repair costs are not necessarily large. The Agency’s Distressed Property Buying Survey shows the average cost to repair to be $5,000—that’s less than 3 percent of the median purchase price in the U.S. today.
Expert Help: Finally, smart buyers know they need to be even smarter—they become a team with a local expert agent who knows local property, pricing, lenders, and the best Buyers agents. A strong Buyers agent can be a critical advantage in seeing a distressed property through from contract to close. Call Todd Riley today 818.538.6331 or email - simply click on the below: