Thinking About Buying or Selling Real Estate
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by Jamohl DeWald
- March 19, 2023
- Buying Real Estate, Mortgage, Real Estate, Selling Real Estate
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If you’ve got questions about buying, selling, or investing in real estate, we’ll help you understand the local market conditions and identify the best next steps for your specific situation!
#BetterCallADeWald 503.545.4945
If you are thinking about buying or selling real estate, there are several steps you should consider taking to make informed decisions:
- Determine your budget: Before you start looking at properties or putting your house on the market, it is essential to determine how much you can afford to spend or how much you need to earn. Consider your income, expenses, and savings to determine a realistic budget.
- Research the market: Do some research on the real estate market in the area where you plan to buy or sell. This will help you determine the going rates for properties and give you an idea of what you can expect to pay or earn.
- Hire a real estate agent: If you are buying or selling a property, consider hiring a licensed real estate agent. They can provide valuable guidance and expertise to help you navigate the process.
- Get pre-approved for a mortgage: If you are buying a property, get pre-approved for a mortgage. This will give you an idea of how much you can afford to spend and will make you a more attractive buyer.
- Prepare your property: If you are selling a property, make sure it is in good condition and presentable to potential buyers. Consider making any necessary repairs, decluttering, and staging the property to help it sell faster.
- Make an offer: If you find a property you want to buy, make an offer. Work with your real estate agent to determine a fair price and negotiate with the seller.
- Close the deal: Once your offer is accepted, work with your real estate agent and a lawyer to close the deal. This will involve signing contracts, arranging financing, and transferring ownership of the property.

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