Wednesday, 13 June 2012 23:06
are buying your first home or upgrading/downsizing to a new one, there’s a lot
that goes into home buying. Here are some basics to consider when purchasing a
even start looking for a new home, you need to know how much you are approved
to spend by your lender. Even with your preapproval amount, you’ll want to
determine your top dollar based on your personal budget and the amount you are
willing to spend on living expenses.
Select a realtor
can use the seller’s agent to purchase a home, your own realtor will function
in your best interest rather than the seller’s. They also have the resources to
help you find the home that meets all of your needs.
Begin a search
Make a list
of your “must-haves” and your “like-to-haves.” Of course you want the house to fulfill
every item on your check list, but by determining what the most important items
are, you will be able to select a home much more easily.
Make an offer
There are so
many factors to consider when making an offer, and that’s where a realtor’s
expertise comes into play. You don’t want to risk losing the house because a
higher offer came through, but you also don’t want to pay too much.