23 Sep 2020
By RESCO Realty

The Pros and Cons of Paying Cash When You Buy Your Next Home

Home Buyer Tips, ,
With mortgage bubbles and real estate issues still in recent memory, one might feel that their best option is to buy their next home using cash instead of borrowing the necessary funds. In today's article we'll explore the pros and cons of paying cash for that next house or condo. The Pros Include A Feeling of Complete Ownership There’s a feeling of pride and joy that comes with owning a home outright. There are several other reasons for paying cash instead of signing on the dotted line and getting and being strapped to a 30-year mortgage. Perhaps the best reason…
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22 Jul 2020
By RESCO Realty

Lowballing 101: How to Avoid Insulting a Home Seller when Making a Low Offer for Their House or Condo

Home Buyer Tips, ,
Buying a home is a huge step for people who are ready to make an investment in their future. Getting a great deal on a home is just as important and knowing how much to offer could be confusing. It is important to make sure the home seller is not insulted by the lowball offer and is ready to negotiate to make sure everyone wins. Make a List of Necessary Improvements One of the best ways to validate a lowball offer on a home is to list improvements that need to be made to the property. If the home needs…
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15 Jul 2020
By RESCO Realty

Home Buying Tips: Three Items to Watch out for in a Purchase Agreement Contract

Home Buyer Tips, ,
The purchase agreement is a vitally important document that outlines the provisions, terms and conditions for the transfer of property. It should be read carefully and any ambiguities should be clarified prior to signing. It is a legally binding contract between the buyer and seller. The purchase agreement may vary depending on the location. Most real estate agents use a form that has been approved by a state Realtors® Association. The seller may have a different version that was drawn up by an attorney. It should not be assumed that they are all the same. Typically, the purchase agreement will include…
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