Business and Real Estate in Oakland

1. make sure you can pay for housing
sounds obvious, but not the first time someone makes an offer on a house and then can not afford it. therefore, by placing a bid on the table, you must be very, very sure you can afford it, this means you have the money, you’ve sold your old house or the mortgage is specifically

2. Is it an investment or your primary residence?
if the purchase is purely for investment only have to think in terms of profitability per rental (trying to get and possible rise in house prices. well, you should be aggressive in the final price, without sentimentality. On the contrary, if the home is to live there for 10 years or more, you can be a little more flexible if it is the home of your dreams, but always ask yourself if you really handle all the housing costs, especially if is a big jump from your previous home

3. Do not buy until you have your house sold almost
until you have sold your house, do not know how much you get for it. therefore, it is better not to go bidding during this period. in fact, some real estate homes refuses to enrage people in these circumstances. and that despite the widespread fall in prices, there are still people who do not accept that their house has fallen in price, but are bidding down tremendously to the property they are interested

4. weigh what you want from property
Is the price the only thing you care about the floor? now more than ever you should think about what interests you and choose a home. previously only recommended to follow the rule of three l (location, location and location), but now in recession speaks of the three p (location, price and perfection). More houses have gone down are not necessarily the best price they have. although there is always room for negotiation, the best properties have lost less value. therefore have to choose what we want (transport, services …)

5. investigates how far you can lower the price
the best way to make an offer is not it. must be hinting that we will, but we will take a while to let the realtor excited. Meanwhile, find out more about the property and the landlord of interest. the time it takes in the market, the level of desperation of the seller, how many bids have been received and how many have been rejected … have to be funny without being rude to make an offer adjusted downwards, is likely to be rejected, but if it is realistic can be a touchstone from which to start negotiating

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