Americans have been skittish about buying new houses since the collapse of the real estate bubble. But they remain committed to the idea of home ownership, even if it's unclear how or when demand will pick up and drive a market recovery.
A recent survey published by the real-estate site Trulia shows that 70 percent of Americans still consider home ownership a central part of the "American Dream"
Choosing a home to buy for the first time is a scary thing. There are literally so many homes on the market and for the inexperienced buyer there is virtually too much information and options to consider. This is why realtors exist. A good realtor will be able to ask the questions and come up with the features that will be most important to you. If however, you seem to be working with a realtor who seems to be doing less than her fair share of work here are some things to think about when choosing a home.
Buying a house is a very difficult decision – there are large sums of money involved, the transaction costs and hassle of moving mean that you can’t just buy another house if you don’t like the one you end up with, and you don’t have enough information to make a completely informed decision. The best you can do is try to educate yourself in all aspects of the house hunt, keep a clear head and buy a house that fits your situation.
Here are some things for house buyers to be aware of when looking for a new home.
1) Location 2) Budget 3) Know your market 4) Don’t trust your real estate agent 5) Don’t end up house poor 6) Take your time 7) Make a decision 8)Don’t worry about the down payment 9) Don’t blow your budget on renovations and furniture 10) Be careful of flip properties inspection notes. Better yet, just don’t buy one. 11) Don’t buy the perfect house
Choosing a home to buy for the first time is a scary thing. There are literally so many homes on the market and for the inexperienced buyer there is virtually too much information and options to consider. This is why realtors exist. A good realtor will be able to ask the questions and come up with the features that will be most important to you. If however, you seem to be working with a realtor who seems to be doing less than her fair share of work here are some things to think about when choosing a home.
ReplyDeleteDontaye Glenn
Buying a house is a very difficult decision – there are large sums of money involved, the transaction costs and hassle of moving mean that you can’t just buy another house if you don’t like the one you end up with, and you don’t have enough information to make a completely informed decision. The best you can do is try to educate yourself in all aspects of the house hunt, keep a clear head and buy a house that fits your situation.
ReplyDeleteHere are some things for house buyers to be aware of when looking for a new home.
1) Location
2) Budget
3) Know your market
4) Don’t trust your real estate agent
5) Don’t end up house poor
6) Take your time
7) Make a decision
8)Don’t worry about the down payment
9) Don’t blow your budget on renovations and furniture
10) Be careful of flip properties
inspection notes. Better yet, just don’t buy one.
11) Don’t buy the perfect house