Home Buyer Tips 2014 -

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Inventory is still tight in hot markets like Austin, Denver, and Seattle. Work with an agent who has deep local roots—they often know about homes hitting the market before they ever show up on Zillow or the MLS. In 2014, being first often beats being the highest bidder. home buyer tips 2014

Lenders are still feeling the sting of the 2008 crash. In 2014, "good" credit isn't enough; you want credit to snag those sub-4.5% mortgage rates. Before you visit an open house, pull your report and clear up any lingering errors. 2. Don’t Fear the "Short Sale," But Bring Your Patience AI responses may include mistakes

Distressed properties (foreclosures and short sales) are still a significant part of the market this year. They offer incredible value, but they aren't for the faint of heart. Be prepared for a closing process that can take 6 months or more—the "bank-owned" discount requires a lot of waiting. 3. Think "Lifestyle," Not Just "Investment" Work with an agent who has deep local

We’ve moved past the era of "flipping for a fast buck." In 2014, the best advice is to buy a home you actually want to live in for at least 5 to 7 years. Look for emerging neighborhoods with new infrastructure or transit links to ensure steady long-term appreciation. 4. Master the "Pocket Listing"

The "For Sale" signs are back, but the rules have changed. Whether you’re a first-time buyer or looking to upgrade, 2014 is the year of the Prices are rising, but inventory is finally stabilizing.