7 Steps for Success When Buying a Home (Step 5)
1. Establish your needs and wants.
2. Determine how much you can afford.
3. Get pre-qualified or pre-approved by a lender.
4. Find a good real estate agent to help you.
Today let me tell you about the fifth step and its importance in your home purchase plan.
STEP 5: FIND A HOME THAT MEETS YOUR NEEDS
To find a home that meets your needs, consider these tips for successful house hunting:
Keep an organized record of all your research data. Write down comments about the homes that you see. Keep track of your likes and dislikes.
Make sure that your agent is aware of your time schedule and your expectations. Do you like to look at one or two homes in a session? Four? Eight? Discuss all of this with your agent.
Tell your agent about any homes that perk your interest and those you'd like to know more about. Include those homes you discover as you explore the area yourself or those you see advertised in the newspaper.
If you want to spend time driving around looking at homes for yourself, ask your agent for a list of drive-by homes which you can consider first from the outside. Your agent can then make appointments to show you the interior of those that appeal to you.
Express your likes and dislikes to your agent after you see a home. Honest communication is essential. Some buyers are shy and hesitant to tell an agent what they really think of a house. They think the agent may take it personally. Remember, the homes don't belong to the agent! You must be straightforward about your likes and dislikes to enable the agent to do the best job for you.
Well, that takes care of Step 5. Just two more steps to go in the 7 Steps for Success When Buying a Home plan. Here are the last two steps:
- Make an offer to buy a home.
- Save as much as you can on your initial investment.