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Monday, September 11, 2006
3 TIPS FOR BUYERS
Follow these 3 tips when buying your Boca Raton home.
Don’t let the Asking Price Scare you Away
In the Boca Raton Home market, many sellers are remembering what homes sold for last year.In order to make sure you aren’t overpaying for a home, you need to research how many housesare for sale and how long they have been on the market. Once you find a home that you like, ask your realtor to provide you with a Comparative Market Analysis. It costs you nothing, and it can save you a lot of money. Without doing your research – you’ll never know if you are paying too much or if you’re getting a great deal.
Be Patient
Two years ago, Boca Raton Home buyers were making offers as soon as they walked out of a home they toured for 5 minutes. Since then, the Palm Beach County market has shifted. Although sellers still have the upper hand, most buyers have a little more time between viewing a home and making an offer. Take your time and do your homework. Researching your new community is very important. Make sure you look into the school system, zoning issues, jobs, and property taxes.
Once you’ve made your offer, make sure you have the home professionally inspected. Also, although a real estate attorney may seem like an unnecessary expense, it really can prove to be one of the most valuable professionals you can have on your side. There are a lot of different issues that can come up at the last minute, but with the proper representation, most issues will fizzle rather quickly.
Ask for Bonuses
Some sellers just won’t negotiate on their asking price, while others will. But, just because they won’t lower their price, doesn’t mean they aren’t willing to add other bonuses. With the market today, some sellers are willing to add in 1 year’s worth of massages, lawn care, pool maintenance, automobile cars, etc, etc. Although the added perks are great, don’t let a bonus cloud your thinking and overpay for your next home.
If you’re thinking about buying a home in the Boca Raton, Delray Beach, and Highland Beach area, we’d be happy to help provide information on the different communities in Palm Beach County to help you find your next home.
About Wendy and Elliot Koolik: Wendy and Elliot Koolik are a recognized leader in the Boca Raton luxury and country club real estate communities. While they are active in all of Palm Beach County, they focus on Boca Raton, Delray Beach and Highland Beach.
Wendy and Elliot Koolik are part of Koolik Group Realty, a family-owned and operated real estate company serving buyers and sellers since 1990. The real estate firm is known for its responsiveness to clients, knowledge of the neighborhoods they specialize in and, above all, for its boundless passion for the real estate business.
For more information, contact Wendy and Elliot Koolik by phone at 561.393.9997 x113, online at www.ElliotKoolik.com or by e-mail at EKoolik@Koolik.com.
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