Top Tip When Shopping Tallahassee Homes For Sale
I have noticed a common error being made by newcomers and experienced homebuyers alike when searching Tallahassee homes for sale, and I want to suggest a solution that will save many of you from heartache and financial loss.
You see, the housing market made a turn in 2008 to a place where no current buyers or real estate agents had ever been. This new market, where distressed properties were no longer a tiny niche but rather a main staple of the houses available, made the process of determining value a rather complicated affair.
There have been many homebuyers in the past few years that paid too much for a home, because they did not have a solid grasp for what the home was worth when they made an offer. My tip will show you how to be a smarter buyer when you shop Tallahassee homes for sale.
How To Value Tallahassee Homes For Sale
When most properties on the market are being sold "arms length," it is fairly easy for anybody to determine home values if they take the time to really study and evaluate the current list of homes for sale in Tallahassee, Florida. But what do you do when 30% of the inventory is short sales, foreclosures, and bank owned properties?
The key is to recognize the discount between the two across similar homes, and make sure that any property acquired includes compensation (to you as the homebuyer) for any work or added effort to purchase a home that is in less than "ready to sell" condition. And here is where my top tip comes in.
My top tip is to either work with a real estate agent that you know is a true expert in home values, or become one yourself through diligent study of the current housing market.
And here's why.
If you would like to meet with a real estate buyers agent who will protect you and help you get the best deal possible when shopping Tallahassee homes for sale, simply drop me a note and we can get you started on a fun and fulfilling process.