The Hidden Factors That Could Hurt Your Home's Future Resale Value
One of the biggest mistakes I see buyers make is focusing so much on getting a great deal that they overlook the things that could impact their home's value down the road. In a buyer's market, there are absolutely opportunities to negotiate and find a bargain. But there's another dynamic that people don't always consider. Sellers who don't need to sell often decide to wait for better market conditions, which means you can end up with plenty of inventory but not necessarily a lot of great homes to choose from. If you're buying a starter home that you expect to sell within the next five to ten years, there are three things I'd pay particularly close attention to. Because the things you can't change about a house today could end up costing you equity tomorrow.