Buying a home

**David brown** · 05-20-2009, 06:31 AM

What should I look for when buying a home?

**JeremyMetz** · 05-20-2009, 06:57 AM

If you are purchasing a home to live in, figure out the number of bedrooms and bathrooms are necessary. Focus your search based on cities/communities you desire in the given price range. For resale value/investment purposes, pay attention to geographical orientation, as well as orientation to major roads, etc.

**REITrainingWhse** · 05-20-2009, 11:15 AM

Originally Posted by David brown

What should I look for when buying a home?

Depends on what you want... That question is a bit vague as to what you plan to do with the home... Primary Residence? Investment? "In-Laws" Quarters? Torture Room?

(Well, dungeons are rare these days.)

That is sort of like asking what to look for in buying a car, boat, pet, weapon, etc... It all depends on what you want it for, and what you expect the features should be.

Narrow it down a bit, and we'll try to steer you in some "right" direction.

Later!

**LVrealestateHELP** · 06-17-2009, 11:38 AM

I would suggest looking for a Realtor. There is no cost to you as the seller pays the commissions. Interview several of them until you find one that knows what they are talking about. good luck!

**REITrainingWhse** · 06-18-2009, 08:02 AM

Originally Posted by LVrealestateHELP

There is no cost to you as the seller pays the commissions.

Assuming that the sales proceeds exceed the amount owed...

Otherwise the seller needs to come to the tables with cash in hand...

(I've seen cases of this. The seller figured that it would cost them less to sell lower than owed, since they figured that it would cost them more in monthly payments holding out for the possibility of getting more.)

Hey wait... Lenders do this all the time, and call it discounting the note, or short selling...

Later!