Top Do’s and Don’ts that Homebuyers Need to Remember
Tuesday, 20 February 2018, 01:50:00 PM
Purchasing a home is a big investment; therefore, buyers need to take their time when searching for a new home. A common mistake can be costly in the long-run, so you want to avoid errors when possible. Go over the do’s and don’ts that you should consider when searching for your new home. Using these tips could help simplify the property search, and allow you to enjoy the buying process instead of stressing and over-thinking.
Do Take Your Time
Buying a house shouldn’t be a rushed process. You will likely live in this home for years to come, so you want to make sure you love the home and the community before you close the deal. It is a good idea to narrow down the neighbourhood that you want to live in before looking at the homes, especially if location is the most important factor to you and your family. Choose a couple of areas, in case the properties in one location are not within your price range or lack the features and local attractions that you desire. Studying the areas could help you determine:
If the location is safe and secure
How good the educational institutions are
Local rental and sales comparisons
Common features that the properties have
Visit at least five to six homes within the locations of your choice. This will help you get a better idea of what each property has to offer, and it could help you negotiate a good asking price. Be sure to visit your top three properties more than once, and take photos to compare the homes before making a choice.
Don’t Ignore Potential Costs and Fees
When you buy a home with your emotions, instead of using good judgment and a professional evaluation, you could end up making costly repairs in the future. Homebuyers should always have an evaluation done using a professional that they trust, instead of a company that the seller recommends. This may cost you a little more, but the money you save on the issues that lie beneath the walls and surfaces could be more expensive, so ideally, you are saving yourself time and money. In addition to potential repairs and other unforeseen costs, you should ask about fees pertaining to a homeowner’s association and other community programs. You want to be clear on what you are paying for prior to purchasing the home. Of course there will be minor costs in the future, but you want to avoid major repairs and hidden costs when possible.
Don’t Base your Decision on Décor
Many sellers will put a lot of work into the staging process, making the home too good to pass up. As a buyer, you have to look deeper than wall colours, fixtures, and staged furniture. Remember that those items and furnishings won’t be in the home once you move in, so look beyond the decorations and make sure the property can accommodate your personal belongings and your lifestyle. Some things to consider are:
Is the space large enough for your family to function in on a daily basis?
Are the colours acceptable or will you need to paint over them once you move in? Can the seller change the current wall colours to accommodate your furnishings?
Are the schools, grocery stores, hospitals, retail stores, and other necessities within a short driving or walking distance?
When you begin the search for a new home, be sure to remember these do’s and don’ts. You want to invest as much time and energy into this process as possible, and conduct research to avoid costly mistakes. Hiring an experienced sales representative could make the process go a lot smoother, and prevent you from making common errors.
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The information provided is for the clients' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties clients may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Greater Baton Rouge Assoc. of REALTORS® Last Updated: 3/17/2018 8:28:44 PM