October 26, 2007
First time buyer’s advice
It would appear that first time buyers have become very cautious about what estate agents and mortgage advisors tell them, this is probably due to the recent bad press, well not recent just constant bad press for as long as anyone can remember!
Instead the first timers are turning to family and friends for trusted advice. So just in case you are asked, it may be a good idea to get some knowledge to cover yourself. With this in mind here are a couple of tips that should help you and definitely help the first timers get the place and deal that they want.
Never pay the full price. This is the starting point only and should go done from what they are asking for.
Look for a property where value can easily be added. This is somewhere that can be modernised or extended, this will always give scope to enlarge and therefore increase the value.
Source [Lets Discuss Money]
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