Any time you buy property, it's usually best to work with a buyer's agent so you have someone watching your back. It's especially important to have the help of an agent when you buy a condo. When you buy a condo, you buy more than a home. You're buying into a lifestyle and you also have to consider how well the condo association is run. Here are some things you want to look into when viewing condos with your agent.
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After viewing numerous homes for sale, you might sit down and narrow down the list to one that seems to be ideal for you. When you do this, your real estate agent might talk to you about adding an escalation clause in your offer. This type of clause is not extremely popular in real estate, yet there are many times when buyers use these to help them win the bidding on homes.
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Purchasing the right home when you intend on living in it for a long time has a lot to do with considering your future needs. Instead of rushing into choosing just any home that would be a good match, it's a good idea to think about how your family will grow over the years. Consider some of the following tips when you have a lot of different options for homes and want to find one that could be a good match for you.
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As you proceed with making an offer on a house to buy, you might come across a seller that asks to rent back the property from you in the deal. This is called seller rent-back, and it is something that happens from time to time. If you have never encountered this, here are several things you should know, as the buyer, before you agree to allow seller rent-back.
What is seller rent-back?
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When you look at single-family homes for sale, you may expect them to be easily accessible from the street, driveway, or garage. But you will not have the same experience with every condo, because some buildings and communities make it a bit trickier to gain access to the units.
If you are interested in buying a condo and want to avoid complications or tricky routes, you should follow several tips that will help you make a purchase that satisfies your needs.
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