Choosing your real estate professional
This is perhaps, the most important decision you will make when buying property. I believe the more you look around, the more you will see the value of working with me. However, no matter whom you choose, these simple tips will help you find and purchase the home of your dreams more quickly and efficiently.
Before you Shop:
Be a smart consumer
Learn the financing basics. Know how to shop for a home loan that's right for you.
This takes very little time and lets you know the price range that fits your lifestyle.
Know what you want
The last thing you need is to close a deal and realize you bought a house you don't want.
Ask yourself what you're looking for in a home, before you shop.
Think about size, commute time and necessary repairs.
Keep your debt load to a minimum
Don't make major purchases or incur any additional debt until after your purchase.
Pay down credit cards and don't apply for new ones.
Remember, financial institutions evaluate your financial situation on your gross monthly
Your total monthly house costs should not exceed 28 percent of your gross monthly income.
Be prepared to view new properties quickly
Sometimes homes sell quickly, so be ready to make fast decisions. Be accessible to change
Have instant access to your agent
Instant communication can mean the difference in purchasing the property of your choice.
Before you Buy:
Submit a strong competitive offer
Include a substantial earnest money deposit
Sometimes offers are accepted based on the amount of the deposit.
Try to minimize the number of contingencies
Fewer contingencies mean a stronger offer.
Hire an inspector
A professional building inspector or appraiser will make sure the house of your choice is in
Check zoning regulations and covenants
Good residential neighborhoods will be zoned to keep out commercial and industrial users.
Read any restrictive covenants and make sure they fit your lifestyle.
Request an updated property survey
Be sure it clearly marks boundaries. Check for problems.
Make sure you know what stays or goes
Your contract should be very specific about which items (appliances, etc) are included in the
Get agreements in writing
Make certain verbal agreements are written into the final contract to avoid any stressful and
expensive issues later.
Realtor meeting with buyers to sell real estate