Thinking about buying a home? Be prepared by keeping this survival guide with you for quick and reference. The following items will help you avoid the pitfalls that could keep your home buying experience from being an enjoyable one.
A tour guide
Be sure to find someone that knows the terrain. A professional guide can help you navigate all the peaks and valleys associated with the home purchase. A successful full time real estate expert is more than qualified to lead you successfully through the most complex real estate peaks and valleys.
A financial compass
It is important to have your financing direction plotted out before beginning your first step to home ownership. There is nothing more disappointing than thinking you have bought your first home, only to find weeks into the process that financing has been denied. Determine which financial direction is best for you. Getting pre-approved for a home loan and knowing what your closing cost, pre-paids and down payment will be are essential.
A home inspection shovel
The ability to dig down deep into the condition of your potential new home to look for any unknown defects is a must if you want to survive long after your home purchase. Make sure you hire a home inspection professional to do the "shoveling".
The home warranty tent
Don’t get caught out in the cold (if the heater breaks) or suffer in the heat (if the air conditioner fails). Make sure your real estate agent negotiates a one-year home warranty for you. This will protect you against the elements of surprise that may occur during your first year of home ownership.
A back pack of patience
The home buying process will often last several weeks and involves numerous calls, e-mails, and faxes. Mortgage documents to be reviewed and signed, title policies to acknowledge, inspection reports to be studied and addressed and page after page of legal contract forms to be signed and initialed. Keeping a cool head will help others not lose theirs.
Related Florida real estate views:
Don’t get scammed buying land in Florida
Orlando real estate - Selling your home tip #1.
Don't forget the kitchen sink when buying a home.
- Greg Staker - Watson Realty Corp. - 407-304-0255
No comments:
Post a Comment