Charles Burt Realtors Blog

Part 2 How to reduce the stress of buying a home!

November 19th, 2015 11:34 AM by

Tips on how to reduce the stress of buying a home part 2;
5). Once you have narrowed your home search down, be sure you drive through the neighborhood at various times of the day.  You want to get an idea of what the neighborhood activity is like throughout the day,and night.  

6).  Whether your offer on a home is written or verbal, it should be based on two things;
a).  What you can afford, b). What you believe the home is actually worth.  A professional Realtor representing you as a buyer's agent can do a Comparable Market Analysis on the home.  The Realtor will have knowledge of market conditions and recent sales, etc.

7).  Get a home inspection!  A home inspector's sole responsibility is to provide you with detailed information regarding the home.

8).  Once you have obtained your credit score, been pre-approved for a home loan, DO NOT MAKE any major purchases before closing on your new home.  Too many times a home buyer will obtain a signed and accepted contract on a home and before closing make a large purchase or even two before closing on the home.  REMEMBER, lenders will recheck your credit score before your scheduled home closing.  If you have made a large enough purchase before closing on your home.   It could have a major effect on your credit score and possibly keep you from closing on your home.
Posted by on November 19th, 2015 11:34 AM

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