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March, 2010 How to Win a Bidding War For Your Dream House In this article I want to discuss several tips, tricks, and tactics that you can use to win a bidding war for your dream house... The first thing you can do is put down more money as a binder. Typically binders start around $1,000 but if you put down $5,000 or even $10,000 then it immediately shows that you are much more serious than other bidders... The Perks of Living in a Condo One type of property that is gaining popularity is the condo. There are several amazing reasons that so many people are starting to purchase condos instead of more traditional types of properties...The main reason so many people like condos is because they don't have to worry about the day to day maintenance that you would have to take care of if you had purchased a house...FULL STORY->
The term short sale has been brought up more and more in the real estate world as the property market has corrected to a more sustainable growth level. Depreciation of home values over the last few years has led to homes that are worth less than the mortgages that were used to finance the purchase. This situation coupled with a nationwide recession that has created the need for people to sell their homes despite being "underwater" has led to the recent popularity of short sales. FULL STORY-> |
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