1. Tip 1: Get Your Financing Figured Out
2. Tip 2: Use a Real Estate Agent
3. Tip 3: Start Early
4. Tip 4: Move Up in the Down Market
5. Tip 5: Know Your Criteria
6. Tip 6: Understand DOM and $/SF
7. Tip 7: Know Where to Find the Best Deals in the Raleigh Area
8. Tip 8: Understand Short Sales and Foreclosures
9. Tip 9: Understand How to Determine the True Value of a Property
10. Tip 10: Ask Two Key Questions in a Competitive Situation
11. Tip 11: Walk the Neighborhood Before Making an Offer

Tip #5
Tip 5: Know Your Criteria

Here is a list of criteria for you to think about:

• Price range
• Detached/Townhome/Condo
• Number of bedrooms
• Living area square footage
• Master down (Y/N)
• Number of bathrooms
• Geographic area
• School district(s)
• Acreage
• Age of home
• One story (Y/N)
• Lot type (corner/cul-de-sac)
• Flat lot (Y/N)
• Basement (Y/N)
• Number of garage bays
• Commute time to work
• Screened porch (Y/N)
• Fireplace (wood/gas)

 

• Fenced yard (Y/N)
• Exterior (brick/vinyl/etc)
• Community pool (Y/N)
• Golf course community (Y/N)
• Direction house faces
• Short-sale/foreclosure (Y/N)
• “Fixer-upper” (Y/N)
• Deck (Y/N)
• Pool (Y/N)
• Storage shed (Y/N)
• Private lot (Y/N)
• Storage space
• Water supply
• Waste services
• Extra parking (Y/N)
• County/City
• HOA Dues

 

Tell your real estate broker everything you want in your next home. If your search results in too many homes to choose from, you can add to your criteria. If not enough homes match your criteria, you can make your criteria less specific.

Recent News

Three New Agents Join Regan & Company

Regan & Company continues to be one of the fastest-growing real estate firms

Multiple Offers Produce FULL PRICE for TWO Sellers

The first two Regan & Company sales of 2010 resulted in full-price contracts

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