Tip 1- Buying a home offers the tax incentives of homeownership and is typically one of the best investments a person can make.
Tip 2- Make sure to purchase a home that will only increase in value as the years go by. If you plan on selling the home, you will want the value to have gone up when it is placed back on the market.
Tip 3- Use a buyer’s agent that will be contracted by you and has the responsibility to represent your best interests.
Tip 4- Choose a real estate agent that has knowledge of the neighborhood you are seeking to purchase property in and has experience working with buyers.
Tip 5- Make sure to buy or sell your home when interest rates are at their lowest. Though a particular asking price may sound expensive, with the right interest rates, it may be affordable.
Tip 6- Always hire a professional home inspector to inspect the house beforehand and provide you with a written report of any possible repair costs.
Tip 7- There can be the potential for mutually beneficial opportunities available with the seller, so learn as much as you can about them.
Tip 8- Research the available mortgage options at your disposal before making any offers.
Tip 9- Make sure you are prepared to negotiate and negotiate well. You are ultimately the person who will be making the last financial decisions, and it is important to note how much you are willing to spend.
Tip 10- Keep up to date on negotiating techniques, home buying trends and the neighborhoods that will fit your needs. Additionally, keep copies of any written paperwork.
If you’re interested in any other advice on Stephenville area real estate, please don’t hesitate to contact us.