Introduction
With the housing market in the shape it is in now, it is easier than ever to find a great deal on a house. In fact, there are so many great deals on housing that it may take you a while to choose from all the houses that are available. When wanting to find a great deal you will need to be patient, look at a lot of houses, and be ready to negotiate.
Step 1
If you are new to buying a house, then it is best to get a knowledgeable realtor to help you with finding the right housing for you. You can tell your realtor what you are hoping to find and then they can go from there, get a list ready for you and you can go look at the housing one by one.
Step 2
Make a list of what you know you want in a house and a list you know you do not want. This will help you to mark some housing off the list right away so you don't waste your time with a house that doesn't meet your guidelines to begin with.
Step 3
If you are good with carpentry or good with handyman work then you can find a great deal on housing. You can buy a house that needs fixed up for a cheap price. You will save a lot of money by doing the work yourself. This often times is the best way to go when wanting to find a great deal.
Step 4
Try to find a house that is in foreclosure. It is very easy finding housing that is in foreclosure. Times are tough for many and they have unfortunately had to let their house go. This is good for you and others that are looking for housing. There are many foreclosures to choose from. Keep in mind though that buying a house in foreclosure usually takes longer to finalize the sale.
Step 5
Housing located out in the country our a house that isn't too close to a major city is another way to find a great deal. It may be an inconvenience to drive farther to get to work or to do some grocery shopping but you will save some money when opting to buy a house out in the boon docks. At the same time it is nice to have your own privacy and away from all of the hustle and bustle. If you enjoy nature then this is the housing type for you and better on the pocket book.
Tips
Look for housing that needs fixed up.
A house in foreclosure will have a lower price tag.
Buying housing in rural areas may be cheaper.
You can find the best deals if you are paying cash for a house.
Be patient and take your time looking.
The greatest deal on housing is if you do all of the above. Buy a house out in the country that is in foreclosure and pay with cash. The bank likes to know they already have their money and will not have to worry about the property going into foreclosure again.
Sources and Citations
http://foreclosures.gov-auctions.org/
