When you are looking to buy a home, there are many resources and tips to help you during the search and home-buying selection process. Here are three tips to help you maximize your time searching for the right home, important details to look for, and how to keep track of your search results.
Tip #1 Use a Realtor
Hiring a professional and licensed real estate agent is a smart way to improve your chances of buying the right property at a good price. Your realtor will be able to help you narrow down your search criteria for a home, to find only specific homes with the inclusions you want. This includes looking in specific neighborhoods, or if you have school-age children, in a specific school district. You can also search a specific radius area around your work place.
A realtor will also be experienced in researching and negotiating a fair price for the home of your choice. Using their online database of property listings, they can look at data of recent home sales for similar properties in the same area as your intended property, to calculate a fair price for the home. Your agent will have experience and knowledge to help you make an offer to buy the home of your choice.
Tip #2 Check for Working Systems
When you view each property, make sure to check several systems in the home, to make sure there are no problems. For example, a dishonest home renovator may install the shower fixtures, including a shower head and knobs in a shower, without installing the plumbing in the wall in order to make the home look move-in ready.
Turn on the water, flush the toilets, turn on lights, and turn on the furnace or AC, to make sure they are all working. If you decide to make an offer on a home in this type of situation, these items will eventually be discovered in a home inspection, but you will have wasted time and energy on going forward with the purchase.
Tip #3 Make a Record of Each Home Tour
When you begin to look at many different new homes for sale through the search process, it can be common and easy for you to begin to forget specific details about a home, or to confuse one home's specifications with another home. To help you differentiate each home, keep good records of any homes you are interested in by taking notes in a notebook. If you get a home listing detail sheet from the seller's agent, include this with the notebook.
In your notebook, write down specifics, such as the type of bathroom tile you like in a home, what level the laundry room is on, and the backyard setup the home has. Take photos of a feature you want to remember that may not be on a photo tour.