What to Consider in Buying a Home
Posted by John Maruri on Friday, January 25, 2013
Under: Real Estate Blogs
Without a doubt, buying a home
for the first time is exciting. It’s easy to let your emotions do the
picking and buy just on impulse. Well don’t, there is much much more
to consider than just that very nice oak tree in the backyard that
reminds you of your childhood or that house that boasts of a gourmet
kitchen. Ask yourself, have you taken everything into consideration?
Finding a perfect home that will meet ALL your needs is hard to find.
Anyone that tells you differently is lying. The home buying process
can be stressful but the more informed and prepared you are the better.
Here are some things to consider before and during your purchase of a
home.
1. Understand how it all works. Home buying is a process. It’s
not just picking a house and paying for it. Knowing the process will get
you ready for all the other activities involved in obtaining your own
home.
2. Get a mortgage pre-approval through your lender. Know for
sure your capacity to pay not what you think you can afford. Set a price
range for the house you are looking for. This narrows down the list and
will help you prepare for the down payment and mortgage that there is
to come.
3. Checkout the neighborhood. Make sure you are considering
factors such as transportation convenience, schools, crime rate,
development, views, etc. The house itself is important but also check
the environment/community on which it is built.
4. If possible, interview the sellers about problems they had in
the house like leaking gas, flooding and if it’s a recurring
problem or has been solved already. Get a home inspection to check for
pests, lead paint, radon, other defects. This will better prepare
you for costs to fix problems or you can negotiate for a lower price.
5. Get a Real Estate Agent Professional. Good Real Estate
agents will add extra knowledge and value to your situation so that you
can make the right the decision when purchasing a home. Remember this
just maybe the biggest purchase of your life and small mistakes can cost
large.
Those were just a few things to consider, but there is a lot more,
trust me. If you have questions, need advice or would like to start
your journey on purchasing a home, call me or text me at 619.392.1550 or send me email at jmaruri@hlrusa.com. Your inquiries are much appreciated and I would be glad to assist you, it’s what I do!
In : Real Estate Blogs