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"

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. home buyer tips 2014

🏠 Buying in 2014: How to Navigate the Post-Recession Market 🏠 Buying in 2014: How to Navigate the

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 2. Don’t Fear the "Short Sale

Here are four essential tips to help you land the keys this year: 1. Get Your "Credit House" in Order