Lisa Westerman's Blog
If you intend to buy a house, you may want to employ a home inspector. In fact, there are many reasons why a buyer may hire a house inspector, such as:
1. You want to identify any underlying home problems.
Although you may have walked through a house a few times before you submitted an offer to purchase, a house inspection allows you to receive comprehensive insights into a residence. Once you have a home inspection report in hand, you can assess any underlying house problems and plan accordingly.
A home inspection is conducted by a property expert who will analyze all areas of a house. Plus, you can attend an inspection and walk through a house with an inspector to obtain firsthand insights into a residence's condition. As a result, you can use an inspection to identify any underlying house problems before you finalize a home purchase.
2. You want to determine if you should follow through with your original offer to purchase.
A home inspection may reveal both minor and major issues with a house. Meanwhile, as a buyer, you will need to determine if you want to continue with your home purchase after an inspection. On the other hand, you may want to modify your initial offer to purchase or rescind your homebuying proposal following an inspection.
Ultimately, a home inspection provides insights into a home that you otherwise may have struggled to obtain on your own. You also can ask a home inspector to address any concerns or questions about a house following an inspection. And when you have a home inspection report in hand, you can review the results of this report to determine if a house is right for you.
3. You want to make the best-possible homebuying decision.
A home purchase likely is one of the biggest transactions you will complete in your lifetime. Thus, there is no need to cut corners as you try to accelerate the homebuying journey. Because if you forgo a home inspection, you could suffer the consequences of this decision in the near future.
When it comes to purchasing a home, it helps to gain as much information about a residence as you can. Thanks to a home inspection, you can use a wide array of information to analyze a house. With this information at your disposal, you can make the best-possible homebuying decision based on your individual needs.
As you navigate the homebuying journey, you may want to employ a real estate agent, too. In addition to helping you find your dream residence, a real estate agent will guide you through the home inspection process. He or she first will help you find a qualified inspector to analyze a house you want to buy. Furthermore, a real estate agent will attend a home inspection with you and help you assess the results of a house inspection report.
Ready to complete a successful home purchase? Conduct an inspection prior to completing a home purchase, and you can obtain the insights you need to make an informed homebuying decision.
Buying a home is a life-changing event. As such, the decision to purchase a residence should not be taken lightly.
For homebuyers, it is paramount to get as much help as possible so you can discover a terrific house at a price that matches your budget. With support from an expert real estate agent, you should have no trouble acquiring a residence that meets or surpasses your expectations.
But what does it take to find the right real estate agent to assist you during your search for the perfect home? Here are three tips that every homebuyer needs to know.
1. Ask Family Members and Friends for Guidance
If a family member or friend recently bought a home, he or she may be able to provide real estate agent recommendations. Family members and friends are trusted sources, and their real estate agent recommendations may help you speed up the process of finding your dream house.
Your neighbors also may be able to real estate agent suggestions. They should be able to provide details about what it was like to work with a particular real estate agent so you can plan accordingly.
Of course, you should still perform plenty of research into a real estate professional's background and expertise before you hire this individual. Be diligent during your search for a real estate agent, and you can employ a real estate professional who will go the extra mile to help you discover a great house.
2. Search the Web
A simple web search of a real estate agent's name may enable you to learn a lot about this individual. In fact, a web search often provides a great way to find out about local real estate agents quickly.
Although a web search may help you examine a variety of real estate agents in your city or town, it is essential to fully evaluate a real estate professional's credentials.
If possible, search for client feedback about a real estate agent. This may help you determine whether to move forward with a particular real estate agent or shy away from this housing market professional altogether.
3. Meet Directly with Several Real Estate Agents
When it comes to finding the right real estate agent, nothing beats a one-on-one meeting.
Set up meetings with several local real estate agents. By doing so, you can get a better idea about whether a real estate agent can help you accomplish your homebuying goals.
It often helps to make a list of questions to ask a real estate agent before you meet with him or her. That way, you can gain the insights you need to make an informed decision.
If you feel comfortable with a real estate agent after a face-to-face meeting, don't hesitate to hire this professional. Remember, the sooner you start working with an expert real estate agent, the sooner you may be able to purchase your dream house.
Use these tips, and you can hire a first-rate real estate agent to guide you along the homebuying journey.
Completing a successful homebuying journey may be difficult, especially for those who do not plan ahead. In fact, high-pressure situations may arise that lead you to make rash homebuying decisions. And if you make the wrong choices, you risk paying an exorbitant price to acquire your dream residence.
There is no reason to let high-pressure situations cause you to make poor decisions throughout the homebuying journey. Now, let's take a look at three tips to help you map out your homebuying journey so you know exactly how to handle any high-pressure situations that come your way.
1. Maintain Flexibility
A high-pressure homebuying situation may make you feel like you are backed into a corner. However, it is important to remember that options are always available. And if you take a deep breath and step back and review a high-pressure homebuying situation closely, you can determine the best course of action.
Those who maintain flexibility as they try to acquire their dream home may be better equipped than others to handle high-pressure homebuying situations. Because if you maintain flexibility throughout the homebuying journey, you can take an objective view of the options at your disposal and proceed accordingly.
2. Establish a Budget
A budget generally is helpful, particularly for those who want to acquire a terrific home as quickly as possible. If you have a budget in hand, you'll know exactly how much you can spend on a home. Then, if you face pressure to increase your offer to purchase your dream residence, you'll know whether you have the financing available to do so.
Keep in mind that the costs associated with purchasing a home extend beyond the price of a house itself, too. As you establish a budget, you'll need to account for closing, appraisal and inspection expenses and various other fees in addition to the cost of a house itself.
3. Work with a Real Estate Agent
A real estate agent can take the guesswork out of buying a house. He or she also will go above and beyond the call of duty to alleviate stress and ensure you can proceed with confidence as you pursue your ideal residence.
Let's not forget about the guidance that a real estate agent provides when you're ready to submit an offer to purchase your dream home, either. At this point, a real estate agent will help you craft a competitive offer to purchase your ideal house. He or she next will submit this offer to a seller on your behalf and negotiate with the seller as needed. If you and a seller come to terms on a home purchase agreement, a real estate agent will help you close on your dream home as well.
For those who want to simplify the homebuying journey, it helps to prepare. Thanks to the aforementioned tips, you can get ready for high-pressure homebuying situations and speed up the process of acquiring your dream residence.
Since there are so many things to keep in mind when searching for the right home, it can be very helpful to create a priority list. If you're at the beginning of the house-hunting process, one of the best ways to clarify your thoughts is by organizing them in a notebook or on a computer screen.
As is the case with creating any kind of plan, you need to start with the basics and then branch out from there. While a house-hunting plan can and should change as you proceed forward, once you start visiting listings, your insights will begin to deepen. If you happen to be working with an experienced real estate agent, they will help you refine your search and zero-in on listings that are the best match to your needs.
Although you probably already know how many bedrooms and bathrooms you want, it may be time to come up with a more specific picture of what you're looking for, in terms of square footage, lot size, neighborhood walkability, and distance from neighbors.
As you revise your list of requirements, you may decide to rank the importance of items like a screened-in porch, a backyard patio, a wood-burning fireplace, yard size, the age of the house, and whether you'd like a finished basement or attic.
Many people prioritize the size, layout, and functionality of the kitchen, too, so take into consideration your decorating tastes, the size of your family -- both today and five years from now -- and how often you expect to be entertaining guests. Perusing kitchen layouts and remodeling ideas online can help you clarify the type of counters, flooring, appliances, and cabinets that would please you the most.
Other features that will determine your level of satisfaction with a new home may include the architectural style of the house, the quality of the school district, and various convenience factors, such as nearby grocery stores, public parks, and medical/dental services. Commuting time to your job or business can also have a huge impact on your lifestyle, as well as your weekly budget and personal stress level! When choosing a neighborhood in which you'll feel comfortable, you'll also want to pay attention to first impressions, the amount of traffic on the street, and miscellaneous noises you hear while visiting the neighborhood.
Above all, try to avoid making snap decisions based on emotional factors, time constraints, or the fear of not being able to find "anything better." Although there may be days in which the prospects seem slim, it's essential that you maintain a positive outlook and be confident that new listings and fresh possibilities are always cropping up. Working with a seasoned buyer's agent who's familiar with the local market and is responsive to your needs will also help immeasurably in your search for the perfect new home!
Confidence can play a major role in the homebuying journey. If a homebuyer is confident in his or her ability to evaluate a house, this individual may be better equipped than others to complete a successful home purchase. Conversely, a homebuyer who lacks confidence may struggle to identify his or her ideal residence, resulting in a long, arduous homebuying journey.
Becoming a confident homebuyer may be easier than you think. In fact, there are several key attributes of successful homebuyers, and these traits include:
A confident homebuyer makes the most of the time and resources at his or her disposal. By doing so, this buyer can identify housing market patterns and trends and map out a successful homebuying journey.
Typically, a confident homebuyer performs deep real estate market data analysis. By obtaining comprehensive housing market insights, this buyer can take an informed approach to purchasing a residence.
A confident homebuyer is willing to do what it takes to acquire a home. As such, he or she will take a conscientious approach to the homebuying journey, as well as ensures that both a buyer and seller can achieve the optimal results.
For example, a confident homebuyer may be willing to negotiate with a seller to determine a price that works for both sides. This buyer also may make sacrifices along the way to guarantee a home sale is a seamless transaction for all parties involved.
A confident homebuyer has a no-quit attitude and will go above and beyond the call of duty to purchase a terrific house at a price that fits within his or her budget. Therefore, this buyer displays persistence throughout the homebuying journey.
With a persistent attitude, a homebuyer can boost the likelihood of discovering his or her dream house. This buyer will keep track of new houses in cities and towns where he or she would like to live. And if the right home becomes available, this buyer won't hesitate to submit a competitive offer on it, either.
When it comes to buying a house, it helps to enter the real estate market with plenty of confidence. If you consult with a real estate agent, you can build your homebuying confidence in no time at all.
Oftentimes, a real estate agent will meet with a homebuyer and learn about this individual's goals. A real estate agent then will help a buyer plan for the homebuying cycle, ensuring he or she is fully supported at each stage of this process.
A real estate agent also is an expert resource to a homebuyer. And if a homebuyer has any questions throughout the homebuying journey, a real estate agent is happy to provide responses.
For those who are ready to pursue their dream home, it helps to become a confident homebuyer. If you collaborate with a real estate agent, you can enter the real estate market with the confidence that you need to thrive.