Buying a home is an exciting and rewarding experience, but it can also be a complex and costly process. Whether you are a first-time homebuyer or a seasoned veteran, it's important to be aware of potential pitfalls and take steps to avoid them. In this blog, we'll share some helpful tips to guide you in finding your perfect home.
One of the keys to success in real estate is maintaining strong relationships with past clients. As a real estate agent for Oakstrand Realty, we understand the importance of staying in touch with our customers. That's why we make it a priority to reach out to our clients on the anniversary of their home purchase and during the holiday season. By showing our appreciation and reminding them of our referral-based business model, we hope to earn their trust and referrals to their friends and family.
If you're in the market for a brand-new home, consider searching during the fall season. This is when builders tend to offer discounts to clear out their inventory before the start of the new year. Take advantage of these deals before prices go up again in the spring.
Before making a final decision, be sure to schedule a second viewing of your top two or three home choices. This will give you a chance to get a better understanding of the property and identify any potential issues that may have been missed during the first showing.
Don't forget to consider your furry friends when evaluating a potential home purchase. Some properties, including private homes, may have restrictions or regulations that could affect your pets. It's important to ensure that your beloved companions will feel just as welcome in your new home as you do.
When looking at a home, it's crucial to confirm that all renovations and additions were done with proper permits. This will save you from any potential headaches or financial responsibilities in the future. Make sure to double check the square footage and compare it to the records on file with the tax assessor. If there are any discrepancies, have your agent look into any permits that may have been taken out for the property.
Many buyers are put off by a property's decor, furniture, or wall color that may not align with their personal taste. However, these are all things that can easily be changed. Instead, focus on features that are difficult or impossible to change, such as the size, layout, and location of the property.
When determining your budget for a home, be sure to factor in the cost of maintenance. This is often overlooked by first-time homebuyers, but it can be a significant expense. As a homeowner, you are responsible for any repairs or maintenance that may arise, so it's important to save money for these situations.
If you are on a tight budget, consider a lease-to-buy or rent-to-buy agreement. This allows you to put a portion of your rent towards the down payment of the property. While the monthly rent may be higher, this can be a viable option for serious homebuyers who may not have enough cash on hand for a traditional down payment.
As with any major decision, buying a home can be both exciting and challenging. By following the tips in this blog, you can avoid common mistakes and find the home of your dreams. At Oakstrand Realty, we are dedicated to helping you navigate the real estate market and make the best decision for your future. Contact us today to begin your home buying journey.