ALL >> Real-Estate-and-Foreclosure >> View Article
How To Buy A Home After Filing For Bankruptcy
Location is the one of the major factors that determines the resale value when buying a house. Buying a house with a pleasant view of a beach or the horizon often sell at a premium above similar homes without the view.
Even if you may place a considerable monetary value on the view, future buyers may not be so like-minded. It may take you longer period to find a buyer when it comes time to resell the house. Or you may end up slashing your price to more nearly match the prices of other homes in the neighborhood.
In short, if you are buying a home with a view, try to pay as little extra as possible. Otherwise, you might not get your money back.
Majority real homes today are usually concentrated on the building itself but the lot is important too. A house with a good resale value should have lots that are as level as possible.
Assuming the property is in a typical neighborhood, A lot should be rectangular with no odd shaped lots or oddly situated lots.
Courtyard sizes are smaller in modern homes than in older homes, but there should ...
... still be a decently sized front and back yard.
Don't buy an overly-landscaped property. You would normally pay a premium for that, that you may not be able to recover when you sell. You will get your best value if the house is under-landscaped for the area.
You can always perk up the landscaping during your ownership by humanizing the grass and adding bushes and trees. Just do not waste too much.
In any residential neighborhood, the homes will vary in size and rooms, but they should not be too different. If resale value is an important consideration, you mustn't buy the largest model in the neighborhood.
For determining market value, the homes nearest to yours are most important. If most of the nearby homes are smaller than your house, they can act as a drag on appreciation.
To read more on this topic visit findmeahomeloan.info
Add Comment
Real Estate and Foreclosure Articles
1. Chandak Highscape City: Symphony Of Luxury Living In ChemburAuthor: New Property Launch
2. Unleash Your Business Potential With Shared Office Space In Dubai
Author: Mutasil
3. Furnished Office Dubai: The Perfect Solution For Businesses Of All Sizes
Author: Mutasil
4. Brigade Icon: Modern Apartments In Chennai
Author: Alfredsprop
5. How To Sell Land Privately By Owner In Texas
Author: Ed Meadows
6. Unlocking Your Dream Home: How Mortgage Brokers Can Help Secure Your Mortgage In Surrey Bc
Author: Mortgage Wisdom Corporation
7. Sobha Altus - Redefining Luxury Living In Sector 106, Gurgaon
Author: Divya Singh
8. Get Your Probate Process Done - Find A Probate Attorney In Arizona
Author: Arizona Probate Partners
9. The Benefits Of Using Plaster Sand Over Regular Sand In Construction
Author: doctorsand
10. Plot For Sale In Berhampur - Urbancraft
Author: Urbancraft
11. The Rules Of Using Super To Invest In Property
Author: Rick Lopez
12. A Guide To The Lumina Grand Floor Plan – What Must You Know?
Author: newlaunchproperty
13. Your Perfect Space Awaits: 2 Bhk In Powai At Atlantis By Hiranandani
Author: Dishant
14. Flats For Sale In Trichy : Discover Your Dream Flat In Heart Of Tamilnadu
Author: Shiva Tech
15. Why Home Construction Loans Are Essential For Building Your Dream Home
Author: Adler Conway