THE REGAL GROUP
Real Estate Home Buying Tips
When you are planning to buy or build a home the following Home Buying Tips, from a Realtor's perspective, can ensure that your real estate transaction should go very smoothly.
Nothing Is Perfect
When considering a new home keep in mind that, if the home is 90% of all of
your expectations and needs, make an offer! Many people make the fatal
mistake thinking that the perfect home has to be out there. This costs you,
the buyer, time and money. Even when building from the ground up, after
you've moved in there is always something that you wish you had done
differently.
Consider Your Location
Is your new address so far away from your means of paying the mortgage that
you never enjoy it? Don't spend all your valuable time driving just to save
$20 or $30 a month. You spend it in the end on gas anyway.
Don't Let $20,000 Stand in Your Way
Do you realize that over a 30-year mortgage $20,000 will increase your
payment by an average of only $75 to $100 a month? This could mean the
difference between driving time and your children's education.
Always Speak To A Lender Before Starting Your Search
Your Realtor can give you lender information and set up a ten minute
telephone conversation that lets you know how much home you can afford:
payments, down payment, closing costs and what fits your budget.
Never Be Married To Your New Address
Don't stretch yourself financially so you can only pay the mortgage. An
occasional night on the town helps the attitude.
Always Ask For A Home Inspection
Whether it is brand new or slightly used you need to know if problems exist
and have them corrected by the seller before moving in.
Be Up Front and Honest With Your Realtor
The only way that any Realtor can do their job correctly is to have honesty
from the buyer. In return for that you should receive up front information
and honesty from your Realtor.
Stop Looking For The Deal Of The Century
Remember above all else:
You get what you pay for!
The Regal Group LLC "Striving for Real Estate Excellence"
