Friday, April 25, 2008

Buyers Have to Think Like Sellers

Whether you are buying a home because you want to flip it quickly or live in it for a while, in today’s world buyers have to consider selling even as they buy. People are much more mobile and many are not buying homes with the thought of staying in them for the rest of their lives.

At the same time, cities and neighborhoods change, so you cannot always predict what your area will be like when you are ready to sell. What you can do is do a good amount of research and make sure that you are comfortable with the resale prospects for the home you want to purchase.

If a home you are considering is near a highway, city dump or some other less than desirable structure, you have to know that this will affect your resale value. Unless you are certain that the city plans to move the highway or dump in the near future, you have to consider this. When you are ready to sell, a buyer is likely to be turned off by the same things that made you think twice about a purchase.

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