10 Home Buying Tips

Below you will find some tips that we have compiled to help you with the home buying process.

1. Mortgage, Mortgage, Mortgage. Pre-Qualify for a Mortgage. The 1st thing every home buyer needs to do is find out how much you can afford. It doesn't make any sense to go out and look at homes with no idea of what your mortgage payment would be. You can Apply for a Home Loan on the following link and one of Team Aguilar's mortgage specialists will be happy to assist you with you home mortgage.

2. You should find a good neighborhood, it is important to know the school districts. Even if you don't have kids, you should still realize the importance of buying in a good school district because of the resale value should you ever sell your home. Other then schools, the neighborhood will tell you a lot about future appreciation. Are shopping centers near by? Is the home located next to vacant land that could be developed into something less favorable later?

3. Take notes. It sounds funny, but after looking at several homes you may find that it will help you to have notes on all of the homes you have looked at. Start by writing down everything you need to have in a home and after looking at each home, make a few notes about what you liked and disliked about the home. Drawing a simple sketch of the home may help you remember after you have looked at a few properties.

4. More then just a mortgage payment. How many other expenses will you have other then the mortgage payment? Take utilities into consideration because this number may surprise you. Not only the mortgage payment and the utilities, you will need to consider the additional items such as repairs and maintenance you may have to deal with because you now own the home you live in.

5. Don't pick the first house you look at. You should look at several homes and make sure you see everything available and know exactly what you want. Remember, taking notes will help you remember all of the homes you looked at.

6. Found a home you love? Not so quick, make sure you hire and pay for a property inspection before you jump the gun and make a offer. If you do make an offer you will have a period of time to conduct an inspection prior to having to purchase the home. The physical inspection will allow you to negotiate and make a strong case for offering the sales price you offer.

7. Begin negotiating. With your physical inspection, make sure you have a strong Realtor to help you with the offer process. Make sure that everything is in writing, I can't stress how important this is.

8. Ready to move? Give yourself extra time to make your move go smoothly. Make sure you have plenty of time between getting out of your old home and moving into your new home.

9. Did someone say insurance? Make sure you consider this early on so you have plenty of time to shop around and find a good policy. Consider your auto insurance company because you may be able to get a discount.

10. Did some say Realtor? Yes, having a solid realtor is important. Team Aguilar would be happy to assist you with all of your real estate needs. Contact us today so we can start helping you with all of your real estate needs.

 
 

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