Ten home truths on buying and selling real estate | Julius Baer
With more inventory available, buyers are successfully negotiating for closing-cost contributions , home warranties, or rate buydowns where the seller pays to lower the buyer's interest rate. buying and selling real estate
Focus on saving for a down payment (typically 3.5% for FHA to 20% for conventional) and checking your credit score to secure the best possible mortgage rate. Ten home truths on buying and selling real
Do not skip the home inspection . Ensure the home is up to code and all permits are closed by checking with the local building department. Ensure the home is up to code and
Buyers are regaining some leverage, but strategic planning remains essential to navigate still-elevated costs.
Sellers must shift from the "pandemic-era" mindset of nearly unlimited leverage to a more competitive, market-driven approach.
National home prices are expected to grow modestly by 2% to 4% or even remain flat (0% growth) in some regions.