Experts advise home buyers to get prepared with key skills and resources before entering today's competitive and complex real estate market.
New and savvy home buyers need two essential skills give buyers the edge in hot real estate markets, according to Bradley K. Tuttle's Real Estate Update. The two key skills are validation of the true-value of a home and revved-up decision making.
Skill 1 – True-Value Validation
Today, million dollar homes are no big deal. Unlike a decade ago, the steady rise in real estate prices has resulted in seven figure price tags seeming commonplace. Much of the home price appreciation is due to supply and demand, and the ability to get low interest mortgages.
The home itself typically has not changed – it…