Home Buying Tips
If you’re considering buying a home you probably have a lot of questions. Is buying a foreclosed home the right fit for me? What options are there for relocating? What is the average sales price? What is the current interest rate? Should I have a home inspection? How does the appraisal process work? Just to name a few.
Any home purchase is a big step, regardless of if you’re a seasoned investor, a first-time home buyer, or you are considering moving from one home to another within the same real estate market. Fortunately, I can help. And by finding a real estate agent you can trust to help you make the right decisions, you’re already well on your way to locating and making an offer on that perfect home.
Buy a house you can afford. If there’s one thing the real estate market teaches us, it’s that overextending your finances to buy a bigger house isn’t always the best long-term plan. By getting pre-qualified for a mortgage or using a mortgage calculator to determine how much house you can afford, you can get a good idea what price range you’ll be most comfortable in. This will give your real estate agent a great jumping off point for finding a list of houses to show you.
Know what you want, but remain flexible. Many prospective homebuyers make a list of needs, wants, and deal-breakers when it comes to buying a house. Needs are those items you can’t do without. Deal-breakers are a definite no-no when it comes to the house of your dreams. And wants are simply those things that appeal to you as a consumer. Remember, though, that no house is going to be perfect, and you may have to sacrifice a few of the things you want for a house that will fit both your budget and your lifestyle.
When you find that perfect home for sale, stop looking. One thing almost all consumers do when searching for a new home is imagine that something even better lies just around the corner. One home might have all the features you’ve been looking for and come at a reasonable price, but you may still have doubts. What if there’s a bigger house you just haven’t found yet? What if a foreclosed home comes on the market next week, and you’ve already made an offer on this one? This can be a difficult mindset to overcome, but if your gut instinct tells you that this home is the one, your gut is probably right. Delaying the purchase might only result in you losing your chance to make a reasonable offer.
If you’re ready to start your real estate search, we welcome you to contact us today. It doesn’t matter if you’re still gathering information, or if you have your loan approved and are ready to start looking –We can help you realize your property owning dreams and get you safely into your new home.