Buying A Home 101!

Posted by Admirals Cove Homes on Apr 9, 2014 in #Buyingahome101, #homebuyingadvice, Home, Real Estate | 0 comments

Buying a home can be a very difficult and stressful experience and at times it can be extremely hard to keep your emotions out of it. All too often potential buyers get emotionally involved in a home or an aspect of a home and wind up with a home that either doesn’t fit them or that they simply just can not afford. However, there are many tips and tricks to the home buying experience that will ensure you wind up with a home that you can afford and that fits you perfectly.

1.)   Check The Utility Bills: It is important for you to ask your sellers for past utility bills but be sure to get them for various times throughout the year. Because as we all know different utilities spike at different times during the year.

2.)   Research Taxes: You need to research the property taxes of your potential homes but you should look at several recent tax bills. Because some areas re-appraise their homes frequently which can have property taxes skyrocketing year after year.

3.)   Explore The Surrounding Area: If you don’t know much about the local area or only know what you have read online it is important that you get out there and really explore the surrounding area. You may think that a certain area has a lot to offer but its best to know for sure either way.

4.)   Get Your Own Home Inspection: It is very rare that you will find a home with absolutely no issues or quirks so it is extremely important that you have your own home inspection done. Also knowing about any needed repairs or potential issues can help you negotiate a better price. A home inspection can also give you the information needed to walk away from a bad investment.

5.)   Ask The Right Questions: You need to prepare yourself to ask the seller the right questions. Not only is it important to ask the seller the right questions, you should also try and have some questions prepared for the neighbors. Sometimes the neighbors can be the best source of information on not only the home but the neighborhood as well.

6.)   Check It Out At Various Times: It is important that you take the time to check out your potential homes at various times throughout the day. This is so you can check out the neighborhoods activity at different times. During the day the noise level might be tolerable but after school or at night it might to much for you to handle.