Buying a house is a fun, exciting experience. What happens next?
Home Maintenance and Repairs
Experts say that you should budget at least 1% of sales price of your home for upkeep each year.
If your home cost $300,000, then plan on spending at least $3000 per year for upkeep.
When is the best time to sell?
The best times to sell your home are when you
- Need more space
- Need less space
- Appreciated value over 20% of the original purchase price
- During Spring and Summer
When is a good time to think about buying more properties?
The best time to consider investing in real estate is when you are able to pay your expenses and save significantly. Owning rental properties helps to hedge against inflation. Historically real estate out performs market variable investments.
Staying in contact with your real estate agent
It is important to stay connected to your realtor because they are resourceful. The best realtors service their clients long after the home closing. You will have many questions as time progresses about upgrades, repairs and equity. Your realtor should be able to refer you to home related services that will save you time and money.
Our firm specializes in helping buyers and investors of all types. We are happy to share our knowledge and expertise with every client. Regardless of what is needed or desired we will find a way to help you create the optimal solutions for you.
For more information contact us at 888-362-1706