Jeffrey A. Campbell CPA - September 2021

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TIPS FOR BUYING A HOME In an Extreme Seller’s Market

For the past year and a half, America has been experiencing a housing crisis. There has been a shortage of inventory caused by a lack of new construction for the past few years, but the COVID-19 pandemic has exacerbated these trends,

causing house prices to skyrocket in many

American cities.

If you’re trying to buy a home in this market, you might be wondering how to put your best foot forward in all the craziness and ensure you’ve got a place to live when the dust settles. Well, while nothing is guaranteed in the current market, there are a few things you can do to ensure that you find a house that you (mostly) like and can afford. GET PREAPPROVED FOR A MORTGAGE This lets sellers know that a lender has verified your finances and credit history and can attest that in your current situation, you’re able to own a home. It will make you a much more favorable potential buyer. SEARCH UNDER YOUR BUDGET While this is just a good money-saving tip in general, in a hot market, the likelihood of getting outbid by other potential buyers is high. If you start your offers low, it gives you more room to bid up on a house that you like, if you have to. MAKE COMPELLING OFFERS BEYOND JUST A HIGHER BID Sometimes, the best offer on a house isn’t always the higher offer. Depending on the seller’s priorities, they might choose to sell to the buyer who offered a higher down payment or to close the sale earlier. Sellers might find an earlier closing especially compelling if the buyers also offer a rent-back so the sellers have time to find a new home themselves. HIRE A GOOD REAL ESTATE AGENT Real estate agents are an essential element of any successful home purchase. Their industry knowledge, negotiation skills, and network connections make them more than worth hiring when you’re just starting out your search. Even though the market seems crazy right now, don’t worry -— with the right tools and a little patience, you’ll find a home you’ll love.

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The History of the Mystery Spot

American mystery spot destinations have a strange foothold history in U.S. culture. The most famous mystery spot, with its own paranormal and physics-based oddities, is in Santa Cruz, California, but it has cousins in Oregon, West Virginia, and Michigan. Each one has phenomena that are not easily explained — drawing thousands of people every year to come and witness the strange happenings (for a fee, of course). “Roadside attractions” of all kinds have been all the rage since people began to tour America by car. That’s why many of them have updated over the years to suit changing tastes — such as the Michigan St. Ignace Mystery Spot’s addition of zip lines and other attractions.

Today, mystery spots continue to draw attention. The best way to decide, of course, is to visit one of these mystery spots for yourself!

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