Buying Tips

  1. If you have to resell soon, don’t buy an unusual home.

  2. Even if the quality of a school district doesn’t matter to you now, remember it might someday to another buyer.

  3. Expect lower maintenance costs with a brand-new home.

  4. Never tell a seller’s broker how much you’ll raise your offer for a particular house.

  5. When interest rates are low opt for a fixed mortgage.

  6. Pay attention to floor plans. Changing layouts of rooms later can be costly.

  7. You can deduct on that year’s tax return points paid by either party on the purchase of your own residence.

  8. If the present owner has a title insurance policy less than 3 years old, you could have substantial savings by buying a reissue of that policy rather than a completely new one.