How to Buy a Big House For a Small-House Price

If you are considering buying a house within the next two or three years but are waiting until you can afford the house of your dreams, you may want to reconsider.

With housing prices going up as much as 10 percent per year in some areas, the longer you wait, the farther that perfect house can move out of your reach.

Along with the hike in house prices, interest rates are starting to creep up as well. This is even more of an incentive to buy a house now, rather than later.

How can you get a big house for a small-house price? The following tips will reveal the secrets to getting a great deal on your dream house.

1. Get to know house values. Before you get started, look at the areas in which you want to purchase a house. Monitor the prices of houses in that area until you are fairly comfortable with those values. Your goal is to know the value of homes so well that a great deal will be obvious to you.

2. Make low offers. Start by making offers that are as low as 65 percent to 70 percent of the asking price. Rather than making only one offer at a time, make five or 10 offers each week. Make sure you write "To be deposited only upon acceptance of this offer" on your earnest deposit check.

3. Expect most of your offers to be rejected. You'll know you are on the right path when your real estate agent complains that your offers are too low.

4. Wait for a great deal. If a seller accepts your offer, or counters with an offer at 80 percent or less of the home's value, you've probably found a great deal. You will be able to live in a bigger house than other buyers who

didn't take the extra time to find a seller willing to sell for less.

This strategy will test the patience of both you and your real estate agent. You will be tempted to think that no one will ever accept one of your low offers. However, when a good offer finally comes along, the extra space you get to enjoy in your new house will make it all worthwhile.



Posted by Tony Williams on December 13, 2008 at 12:00 AM

About Tony Williams
Tony Williams is affliated with REMAX Realty Group, which is located in Marietta, GA. For further assistance please use the contact information located on the right.



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Local Information for Marietta, GA

Latitude: 33.953353 -- Longitude: -84.540614


ZIP Codes for Marietta, Georgia 30006  30007  30008  30060  30061  30062  30063  30064  30065  30066  30067  30068  30069  30090 
Area Code for Marietta, Georgia 770
Time zone for Marietta, Georgia EST



Other Area Cities:   Atlanta, GA  Douglasville, GA  Marietta, GA  Acworth, GA  Austell, GA  Kennesaw, GA  Lithia Springs, GA  Mableton, GA  Powder Springs, GA  Smyrna, GA  Woodstock, GA  Roswell, GA  Sandy Springs, GA  Fair Oaks, GA  East Marietta, GA 

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Marietta is located in Cobb County, about 15 miles Northwest of Atlanta and is just south of the North Georgia mountains. It was founded in 1834 and today it is a thriving, charming city with old world charm but modern amenities. It has a beautiful downtown square with antique shops and elegant boutiques, restaurants, with Glover Park the center of fun. Marietta has a first-class education system which provides an atmosphere of learning for all citizens at all levels of education, including vocational schools and colleges. From Civil War battlefields to museums and amusement parks, Marietta is host to a number of attractions geared to a wide variety of interests. Most of these attractions are open year-round, many at no charge. One not to be missed is the “Marietta Gone With The Wind Museum: Scarlett on the Square”. -- Source: Wikipedia.com




Georgia 2000 Census Population Profile Map

Marietta Georgia United States
Population 58,748 8,186,453 281,421,906
Median age 30 33.4 35.3
Median age for Male 29 32.1 34
Median age for Female 31.2 34.6 36.5
Households 23,895 3,006,369 105,480,101
Household population 57,187 7,952,631 273,643,273
Average household size 2.39 2.65 2.59
Families 13,020 2,111,647 71,787,347
Average family size 3.05 3.14 3.14
Housing units 25,227 3,281,737 115,904,641
Occupied units 23,895 3,006,369 105,480,101
Vacant units 1,332 275,368 10,424,540

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Tony Williams - REMAX Realty Group
Tony Williams
REMAX Realty Group


2615 Sandy Plains Road
Marietta, GA 30066

VOICE: 770-973-5000

FAX: 770-578-9112

TOLL FREE:
800-263-9764



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