Call or Text Kelly Vandever | 770.597.1108 | REALTOR® | License # 391485

It Is What It Is – 5 Home Factors to Consider Carefully When Buying a House that Will Impact Your Home Value When You Sell

I work with both home buyers and home sellers, so I hear the conversation about

houses from both the home buying and home selling perspectives.

 

When it comes to purchasing a home, it’s important to think not just about the house

and how you’ll use that home yourself.

 

It’s also worth considering characteristics of the house that won’t change and how those factors will impact the home value when it comes time to sell.

 

5 Factors that Impact Property Value When You Sell

The 5 factors below will decrease the number of home buyers interested in the house just because they exist.

The only way to overcome these negative characteristics is to price the house below

other similar properties and make buying the house such a bargain that the future home buyer can’t resist.

Chances are, it was a lower price is what drew you to that house in the first place. So, expect the same will happen when you go to sell.

 

Factor 1 – A Steep Driveway

If the home buyer can’t bring themselves...

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Planning Ahead to Buy Your First House

How much money do you need to buy a house?  I find that many first time home buyers are aware that they need a down payment to buy a house.  But they aren't familiar with the other expenses of buying a house.  
 
Here's a list that you'll need to plan for when buying a house and about how much it will cost in the state of Georgia:
 

1.  Down Payment 

The amount you need as a down payment can vary.  There are first time homebuyer programs that allow you to put down as little at 3.5% or 5% of the sales price of the home.  
 
For qualified veterans, the VA has a 0% down program.
 
Talk to your favorite real estate agent to get a list of their most trusted lenders who can help you find what program(s) you qualify for.
 
 

2.  Earnest Money

Earnest money* is an amount that you provide when you go under contract when you get an offer accepted to purchase a property.  That money will be applied to the down payment, but I like to let clients know that they will need to be able to ...
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