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When Buying, Know The
Area
One of the most important decisions a homebuyer must make is choosing
the right neighborhood. Click
here for a list of items to keep
in mind.
When Buying, Know the
Market
The asking prices of most properties that are for sale reflect present
market conditions and recent sale prices of similar homes in the
area. When homeowners price their homes they try to walk the fine
line between getting the highest price and ensuring the asking price
is competitive enough to attract serious offers. While most Selling
Agents advise their clients to realistically price their homes in
order to attract acceptable offers within a reasonable period of
time, some properties may not be properly priced and you should
know this before making an offer.
House Hunting Worksheet
We have provided a
house hunting worksheet for you
to take along on your next home viewing session. It is meant
to be downloaded and printed as many times as needed, and will allow
you to make note of the details of each home that you view.
Home Inspections
Few of us would consider buying a used car without first having
a mechanic look it over, or at least taking it out for a test drive.
Yet that is exactly what many buyers do when buying a resale home.
They often fail to have a professional home inspection performed
on the home they are interested in, even though it is probably the
largest and most important investment they will ever make.
Home Inspector's Top
10 Potential Problems
The majority of purchasers are not overly surprised by the findings
of their home inspection. Before getting this far, they have usually
had a very close look at the property. And yes, they already know
about the peeling paint and old furnace. They may even have noticed
the wet basement and taken that into account when making their offer.
The Buying Process
To give you an idea of what is involved in buying a home, click
here
to take a look at the
Home Buying Process. This
is a flowchart breaking down the steps typically used in buying
a home. Not every step is listed, and some steps may not apply
to your situation, but here you can learn the "big picture" of home
buying.
Common Errors to Avoid
When Buying
The selling and buying of a house can be a stressful and confusing
process. Not only is it very expensive to 'learn from your
mistakes' but very few people move often enough to gain the needed
experience.
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