Choosing your real estate professional is one of the most important
decisions you will make when buying property.
The more you look around, the more you will see the value of
working with us.
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 Financing Basics . Know how to shop
for a home loan that’s right for you.
- Get pre-approved. 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 income. Your total monthly house costs should not exceed 28 percent of your gross monthly
- Be prepared to view new properties quickly. Sometimes
homes sell quickly, so be ready to make fast decisions. Be accessible to change the
- 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 satisfactory condition.
- 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.