It’s good to know when looking for a home

 

  1. Find a good realtor. To represent you in the search and negotiation process should be: friendly, open, worried, relaxed, confident and capable. Learn what rates, methods, experience and training of the staff are. Looking for a real estate agent who lives in your town, working full time, treatment closure of at least several properties a year and has a reputation of being a worker. You can find more information in the article How to choose a real estate agent.
  • Real estate agents usually work for marketers, but that’s not necessarily a bad thing. The job of a real estate agent is to connect people who want to buy and sell a particular house. For this reason, a real estate agent has an interest in selling homes. A very good real estate agent will use his experience to sell the “proper” home buyer “appropriate”, i.e. you.
  • When you find your agent, give exhaustive in describing what you want in a house (number of bathrooms and bedrooms, attached garage, land and all that can be important, as good lighting or yard space for children) details.
  1. Subscribe to a Multiple Listing Service (MLS) or alert service to search for properties in your area. A MLS will give you an idea of the properties on the market that are within your means. Your agent can do it for you.
  • If you sign up through a real estate agent, it is shameful to call the listing agent directly to see a house. Do not ask an agent to do things for you, unless you want to represent you (they are not paid until a customer buys a house and it is not fair to ask them to work for free, knowing that “You shall not make use of their services to buy home”).
  1. Start looking for homes within your price range. Let your agent to start working on your place, but you should know what fits within your budget. The general rule is that you can buy a house that is 2.5 times your annual household salary. [4] For example, if your combined annual salary is US $ 85,000, you might be able to pay at least US mortgage $ 210,000 and possibly slightly more.
  • Use online mortgage calculators to start working with numbers and recalls finding mortgages that previously did. Keep these numbers in mind as you prepare to find the home of your dreams.
  1. Start thinking about what you really want in a home. You probably already have a general idea, but the important thing is in the details. There are a couple of specific things you and your family should think about:
  • What need you and your family in several years? [5] are perhaps only two right now, but plan to have children in the future? A house that two people could fit comfortably be torture for three or four.
  • What sacrifices are you willing to do? In other words, what are your priorities? Although we like to believe that buying a home can be something simple, often it is a complex experience in which we are forced to make concessions. Do you care more about a safe neighborhood and good schools that big a backyard? Need a large kitchen and practice rather than a large bedroom luxury? What are you willing to sacrifice when the moment of truth arrives?
  • Do you expect your income to increase in the coming years? If your income has increased by 3% for several consecutive years and have a secure job in a safe industry, is likely to buy an expensive but reasonable mortgage is something feasible. Many buyers purchase these relatively expensive mortgages and absorb them after a year or two.
  1. Visit some open houses to check what’s on the market and see firsthand what you want houses. Pay attention to the overall layout, number of bedrooms and bathrooms, kitchen facilities and warehouse. Visit properties in which you are really interested at various times of day to see the traffic and congestion, available parking, noise levels and general activities. What may seem a quiet neighborhood at lunch you can become a loud shortcut during peak hours and you’ll never know if you have not run your car over there sometime.
  2. Look similar homes in the neighborhood. If you’re not sure with respect to the price, make a local appraiser Value the house (also check other similar houses). At assess a house, appraisers look for other homes in the village with the same characteristics, a similar size, etc. If the house is more expensive than those with which compared or if the appraiser has to find similar homes in a different subdivision or more than 0.8 km (1/2 mile) away, beware! Never buy the most expensive house in the neighborhood. Your bank may resist your finance and probably the value of the house does not grow much. If you can, you buy the cheapest house in a neighborhood, as others will sell for more money and the value of your home will increase.