Looking to buy a home? Here are five essential tips for making the process as smooth as possible. www.xsellrealty.net
Get your finances in order.
Start by getting a full picture of your credit. Find a suitable lender and get pre-approved for a loan. Xsell Agents have preferred lenders we work with ask them for a list of good Lenders in the area to get with. This will put you in a better position to make a serious offer when you do find the right house.
Find a house you can afford.
When you work with one of our preferred lenders they will help you to come up with a price you are comfortable with. Don’t forget, too, that there are lots of considerations beyond the sticker price, including property taxes, energy costs. Also some loan programs have limits on the types of home you can purchase such as a house they may need some repairs. Xsell agents are trained in the process so they can really help in this area.
Hire a professional.
While the Internet gives buyers unprecedented access to home listings and resources, many aspects of the buying process require a level of expertise you can’t pick up from surfing the web. That’s why using a Xsell agent is a must they know the process very well. An Xsell exclusive buyer agent, will have your interests at heart and can help you with strategies during the bidding process.
Do your homework.
Before making a bid, do some research to determine the state of the market at large. Is it more favorable for sellers or buyers? Next, look at sales trends of similar homes in the area or neighborhood. Look at prices for the last few months. Come up with an asking price that’s competitive, but also realistic. Otherwise, you may end up ticking off your seller. your Xsell agent has access to all these type of reports for you.
Think long term.
Obviously, you shouldn’t buy unless you’re sure you’ll be staying put for at least a few years. Beyond that, you should buy in a neighborhood with good schools. Whether you have children or not, this will have an impact on your new home’s resale value down the line. When it comes to the house itself, you should hire your own home inspector, who can point out potential problems that could require costly repairs in the future.