Wichita Kansas Homes for Sale
    
Tips for Home Buyers

Things Not To Do Before Purchasing a Home
Buying a Home with Resale Value
Writing an Offer
Why Buying a Home is a Good Idea

Buying a Home with Resale Value

There are many things that should be considered when buying a home. Since most homebuyers expect to buy a bigger and better home someday in the future, resale value is an important factor in decision-making. You use the proceeds from selling one home to buy the next one.

While no one can guarantee that your home will grow in value, there are steps you can take that maximize your potential gain.

"Location, Location, Location"

"Location, location, location," is a common and almost hackneyed phrase in real estate literature. Your agent may even throw it at you when you ask for advice about buying a home. However, what does "location, location, location," actually mean? Why repeat it three times?

Mostly, "location" is repeated to emphasize that it is extremely important to the resale value of your home. The idea is to buy a house that will appeal to the largest number of potential future homebuyers. A careful choice of location can minimize potential negative influences on future resale value, and maximize positive influences.

Focusing on resale value requires you to make several different "location" choices. The first choice you have to make is "which community?" At the very least, you should narrow your choice down to just a few local communities.

copyright 2000 by Terry Light and RealEstate ABC

art busch

Art Busch
ABR, GRI
316-686-7121
316-990-7039

e-mail me

PLAZA REAL ESTATE, INC.
12221 E. Central
Wichita, KS 67206

 

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