November 21, 2012 5:30 am
1. Getting Help = Good. Getting Free Help = Great!
Before you go any further with your house-hunting efforts, consider hiring a buyer's agent. A buyer's agent is a well-trained, licensed real estate sales agent whose sole mission is to advise you on the best path to take when deciding which community and/or home is right for you.
2. Walk the Walk Before You Talk the Talk
This tip's a pretty simple one to overlook: get to know the neighborhood you're considering before you see any homes on the block. Do a drive-by in the afternoon. Walk around in the evening. Check out the local shops and restaurants. Talk to the neighbors. The time you spend checking out the neighborhood will pay off for you when you do find "the" house to go see.
3. Don't Time the Market
When's a good time to buy a house? There's an easy answer to that: When you want to. Too many homebuyers waste time waiting for better interest rates or for home prices to hit bottom. While springtime has historically been the peak of the home-buying season, the truth is that homeowners sell all throughout the year. Right now interest rates are lower-than-low; there's less traffic at open houses (read: less competition); and sellers are eager to negotiate with.
4. Spot Your Favorite Room
If you're a homebody, you're bound to hang out in one special spot in your current home. Maybe it's in your home office. Perhaps it's next to the picture window in the living room. Kitchen anyone? There's always a spot or two in your home that you spend the most time just doing nada. So it's all the more important to try to visualize where that new favorite spot might be in the homes you go look at. Visualize how you'll use the house in order to ensure that you'll actually enjoy the house.
5. Measure Twice, Cut Once
This do-it-yourselfer's adage applies to home-buying as well. See the homes you like on the first pass at least one more time. In order to ensure happiness, meet at the home to sign the contract. Follow your gut when finding your dream home, but there's something to be said about impulse control. Don't rush to judgment when making the biggest purchase in your life.
Source: Michael A. Pallares, REALTOR®, ABR
Published with permission from RISMedia.