Top Ten Home Buying Tips!

TopTenList

  1. Do not ask everyone’s opinion about the house, it’s not your mom’s house or your BFF’s, it’s going to be your home and you’re going to be living in it.
  2. Do ask everyone who will be living there for their opinion, such as your children.
  3. Do not negotiate yourself out of a great house by pinching every dollar out of the sales price. A few thousand dollars will be insignificant when added to the mortgage payment.
  4. Understand how your mortgage works and by adding to the monthly payment you can dramatically affect the length of the mortgage and the interest you will pay.
  5. Location, Location. Location
  6. Do your due diligence with regard to schools even if you do not have children. Quality schools will add thousands to re-sale.
  7. Use a professional full time realtor that is well versed in the area you want to live in.
  8. Always take into consideration the age of the house and what routine maintenance items will it be necessary to replace in the next 5 to 10 years, like the roof, water heater, furnace, etc.
  9. Familiarize yourself with all the players in the home buying game, such as home inspector, realtor, Title Company, etc.
  10. Spend time educating yourself about the entire home buying process, talk to others who have just purchased their home, what did they do right and what would they do differently. Attend a home buying seminar, you will always learn something.

 
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