Everyday Ways to Buy for Less

[Antwaun Sumpter]

If you aren’t quite ready to jump into foreclosures or the idea of going to an auction is just plain scary, there are other ways that you can chop down the price of a home.

Use Cash

Don’t forget that cash is always king. Cash speeds the buying process because it eliminates a lot of hassles. Also, in some cases, as with certain auctions, cash will be the only purchase option.

Find A Good Location

Buy in a neighborhood that is going through a bit of a transition. It may be up and coming, but still moderately priced. Residents around you may have just started moving in and fixing up places for themselves. If you buy at the right time and in the right location, you could get yourself a bargain deal that will increase in value as your neighborhood improves.

Search Online

The early bird gets the worm. Do a lot of online shopping when bargain hunting for homes. Sites such as Craigslist.com can prove to house a lot of great deals. Be the first one to find it and you can save yourself a pretty penny.

Apply For Grants

Some towns offer transitional and developing neighborhood homes at very steep discounts. You may have to agree to live in the house for a certain number of years or agree to do a good amount of repairs, however this is definitely a program to search for in the area you’re looking to buy.