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Are you ready to buy a home? Here are some essential real estate facts to help you get started:
Make a Must-Have List
Create a comprehensive list of features that are nonnegotiable for your new home, as well as those that would be desirable but not essential. This will help you prioritize your needs and ensure your family’s comfort.
Work with a Local Expert
Real estate agents are invaluable resources with extensive knowledge of contracts and negotiations. Partnering with a local expert will guide you through the buying process and protect you from costly mistakes.
Get Preapproved
Before you start house hunting, it’s wise to get preapproved for a mortgage. This will provide clarity on your affordability and demonstrate your seriousness to sellers.
Get a Buyer’s Agent
Remember, a seller’s agent represents the seller’s interests exclusively. It’s crucial to have your own agent who will prioritize your needs and guide you through the buying process.
Negotiate Your Home’s Price
Rely on your agent to provide comparable home prices in your desired neighborhood. This will empower you to make a competitive offer based on the market value of the property.
Conduct a Home Inspection
Once you’ve agreed on a price, don’t forget to have a thorough home inspection before finalizing the contract. Your agent will include an inspection contingency, allowing you to negotiate repairs, price reductions, or even cancel the purchase if necessary.
Do a Final Walk-Through
Before the closing, perform a final walk-through of the property to ensure that all agreed-upon contingencies have been met and nothing has been removed that should have remained.
Ready to buy? Contact me to help you find your dream home.
