Tips for Sellers and Buyers Sellers - Underprice a little -more traffic,more offers, quicker sales, more leverage in closing date. -Stage your home -make it such as buyers would want to live in it right now. -Fix up kitchens and bathrooms first and be original and creative overall in updating both inside and outside your home Buyers- -Get pre-approved !!! - Lock in your mortgage rate for as long as possible- gives you time to scope out many possible buys. - Use a mortgage broker to shop around and get the best rate from all lenders. -Don't max out your mortgage-underspend the approved amount when buying. -Think about a fixed rate, prime rate will likely double over next several years - Buy soon,interest rates and house prices going up .The early bird gets the worm ! |