Buying real estate is a big investment and a decision that should be made with careful consideration and planning. Oakstrand Realty is here to help you make the best home buying decisions with our top tips. Read on to learn the best strategies for buying real estate with confidence.
Be sure to do your due diligence when hiring a home inspector. Get recommendations from friends and family, and consider hiring your own inspector, even if the seller offers to have it inspected. Don't settle for the first inspector you find - take the time to call and interview at least three to ensure you're confident in your choice.
Don't let minor cosmetic issues or decor keep you from buying your dream home. Simple home improvements like repainting, changing (or just cleaning) carpeting, or upgrading fittings and tiling can make a world of difference and turn something you find ugly into something that feels custom-built just for you.
Shop around for the best prices to make sure you're getting the most out of your money. Foreclosed homes can be found for attractive prices, but may require additional investments. Other homes may cost more upfront, but may require less money invested in the long run.
To avoid committing to more than you can handle, it is advisable to have an appraiser take a look at any properties you intend to purchase, especially fixer-uppers or foreclosed homes. This can save you from purchasing a house that has non-visible damage, such as a problematic foundation or a HVAC system that requires replacing.
Don't rule out smaller houses when looking to purchase. Smaller houses have the advantage of lower upkeep costs. A smaller home also means you'll be able to make upgrades to plumbing, wiring, and other items for less, due to the smaller space that will need to be worked on.
When looking for a new home builder, do your research. Look online and find builders in your area, and ask your friends and family for names of reputable builders. The National Association of Homebuilders can also help refer you to a builder.
Before you commit to a purchase, be sure to inspect the property yourself. Look for any potential issues that may arise, such as hills in the yard that would be difficult to mow, sunken areas in concrete steps, or trees in danger of falling. All of these things, whether large or small, may influence your decision on the home you choose to purchase.
When making your real estate purchase, ask yourself a lot of questions. Know what style house best fits your needs, and get a good grasp on how much home you can actually afford. Narrowing down your search will point you in the right direction and help you find the home of your dreams, much faster.
To make sure you get everything you want out of your real estate purchase, put it in writing. Studies have shown that buyers who write down their goals have a higher chance of reaching them. Writing down details about each home you see will keep them fresh in your mind, and will allow you to evaluate them more objectively.
Follow these tips to make your real estate dreams a reality. Oakstrand Realty is here to help you make the best home buying decisions and provide you with the confidence to