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Tips for Buying and Selling Houses

Buying and selling houses is no easy job. It cannot be carried out overnight, and has to be done with lots of thought and care. So here are some tips for buying and selling houses.   1. Make sure you know the present rate of your house. Don't rely solely on agents as they only think of their fees, and not much on fixing the right rate for your house.   2. Get ready to sell your house just when the market starts to build. This way, you will be able to quote and get the best rates for your house and also buy a new house in the right budget.   3. Some buyers are interested in throwing in some additional bonuses like a club membership or plasma TV with your house. Be ready for this by knowing how much you can offer to give them.   4. Whilst buying houses, make sure you negotiate with builders for concessions.   5. It's better to avoid hot spots, where rates have appreciated more than in other areas. Houses here usually don't give a better rate for you once the real estate market goes up again.   6. It's better to buy a modest, well-maintained house in a modest neighbourhood. It's worth your money and will not be stressful on your mind and pocket.   7. Get your home loan pre-approved for its maximum flexibility.   8. Buy a house within your budget. Too high mortgage loans can wreck havoc to your finances.

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