homebuying in the Quad Cities | Quad Cities Real Estate Blog
One of the forgotten topics of buying a home is often the location of the home being bought. Especially when money is an issue (and for the vast majority of us money will always be an issue), it can often feel as though the only thing that matters is finding home within our price range and then making an offer. Because of the way the financial system works in this country, things such as a home’s condition and a home’s location can fail to register among the important considerations in a homebuyer’s mind.
If you’re here because of our introductory article on home improvement, welcome back! If this is your first time visiting our blog, a warm welcome to you as well. Today we are jumping off of last time’s article and starting to look a little at some of the areas of care you might need to consider as you move forward in the homebuying process.
Making an offer is sort of like hurling a stone into a void and waiting to hear if it makes a splash. While different areas certainly afford different perspectives on just what the market will do, a fairly consistent trend within the country over the past decade has been that sellers are in the driver’s seat as far as negotiations are concerned. This means that the real estate market has seen more and more instances where a home is selling above its listed price, sometimes by tens of thousands of dollars.
After you understand your financial circumstances and have received a pre-approval letter, you are ready to begin searching for a home. Now is the time to begin identifying some of your primary wants and needs around a house. Truly, this is a question of wants and needs, and there is a big difference between the two.