January 12th, 2016 9:15 AM by Christopher Terry
Growing up, most of us imagined living in a home that we owned. A home that we could decorate to our perfection, and a place with a big enough backyard for the kids and dogs to run free in.
For many though, it is hard to take the leap and buy a home. That is why here at E Z Home Search Real Estate we want to give you a comprehensive buying guide so that you don’t feel alone when you start the search for your perfect home.
This is Part 2 in our guide to help you through the process. Below is a list of buying tips for when you purchase that dream home of yours!
Get Pre-Qualified-- Knowing what exactly you can afford is the first step to seriously considering buying a home. Sometimes though, it is nerve-wracking and overwhelming to think about how you should go about getting pre-qualified. That’s when we come in. Here at E Z Home Search we can get you in touch with professionals who will work with you to get pre-qualified!
Always Think Resale-- The average time spent in a home is 5 to 7 years, so you should consider what future buyer might be looking for if you do ever decide to sell your home. Even though you might not mind having a backyard against a busy street, future buyers may. Studies show that homes near busy streets and railroad tracks take longer to sell, so it is something to consider when purchasing your home.
The Little Things Can Be Changed-- Location, location, location. The home is in the perfect neighborhood but all of the lighting fixtures are from the 1980’s and there is still wallpaper on the walls. Guess what, though? Wallpaper can be changed, the neighborhood can not. So pick a home with good bones in a great location and deal with the little cosmetic things later!
Don’t Wait-- Yes, buying a home is a huge decision. But, all too often we see people lose their dream home because they wanted to sleep on it and they waited too long to put an offer in. Homes sell fast. Especially the homes that are in a good location with a great price. Chances are, if it is your dream home then it’s someone else’s dream home as well. So if you find that perfect place, don’t wait and let it slip away!
Compare Sales-- To see if the home you want to buy is a steal or a rip off you can look at the recent sales of similar homes, called “comparable sales. Comparable sales are recent sales of homes that compare closely to the one you are looking to purchase, usually sold in the past few months. Specifically, you want to compare prices of homes that are similar in square footage, garage spaces, number of bedrooms and baths, lot size, etc. Of course, if you need help with this, that is what we at E Z Home Search Real Estate are for!
Don't miss Part 3 of our Home Buyers Guide where we review questions you must ask your agent before you buy!
Do you have more tips from your home buying experience? Comment below and let us know!
Mariah Terry is passionate writer and blogger studying Journalism at Emerson College with a minor in Marketing. See her work at mariahjterry.wix.com/reblogs.