Consider These Questions Before You Buy
The home buying process can be a difficult and challenging task for anyone. There are many steps and questions to consider. Below are just some of the most common questions home buyers have when starting the process.
What Is A Fair Price?
Negotiating a fair price is especially important in buying Real Estate. As a licensed Realtor, I can help ensure this by comparing the asking price of your desired home to others in the same neighborhood, as well as evaluating other variables that affect the price of the home.
Call me for all your Real Estate needs.
Sell First, And Then Buy Later?
It’s very hard to make a contingent sale work unless it’s with a new home builder. Most sellers either don’t want a contingent offer without still marketing the home hoping for another offer or, if they do take your offer, it probably won’t be for anything less than full price because they are waiting for you to sell your home.
In this case, you are more likely to be forced to take the “next” offer that comes or else you’ll lose the home you just bought. This offer might not net you what you wanted to get from your house.
Now you’ve paid full price for the home you’re buying and got less money than you thought from selling. This may end up costing you thousands.
Call me if you’d like to know what homes are going for in the area your looking to buy or sell in and I can help you through the decision making process.
Get Pre-Approved First?
Do you want to get the best house you can for the least amount of money?
Then make sure you are in the strongest negotiating position possible. Price is only one bargaining chip in the negotiations, and not necessarily the most important one.
Call me to find out how to get pre-approved and you’ll have the most powerful negotiating weapon on your side.
Can Buying A Home Cost You Nothing Extra?
Purchasing a home through a Real Estate professional generally costs you nothing, as most sellers pay the fee. That’s why it’s a win-win situation. The owner gets a buyer, and you get professional assistance at no cost to you.
Call me if you’d like to explore the home buying options available to you.
"For Sale By Owner" (FSBO) Also?
You as a buyer can be represented even on a FSBO. Just because the seller doesn’t want a licensed professional making sure the transaction goes smoothly, doesn’t mean you have to go through this transaction blindly, too.
Call me to discuss what options you have if you do find a FSBO you are interested in to make sure it is the right deal for you.
How To House Shop?
Before house hunting, make a list of the things you want in your home. Then make a list of the things you don’t want.
Each house you go to, make notes and give points to the ones that have the things you want and subtract points from the homes that have the things you don’t want.
Remember to prioritize the most important things. Also, keep in mind the things you can’t change (ie. location, floor plan, lot size, ect.) versus the things you can change (ie. wallpaper, window coverings, paint, carpet, etc.). Try to imagine each house as if it were vacant.
A Word Of Caution
Sometimes agents create ads to make the phone ring! Many of the homes have some drawbacks that are not mentioned in the ad. What’s not mentioned in the ad is usually more important than what is mentioned. Remember that the person writing the ad is representing the seller and not you!
The most important thing you can do is have someone on your side looking out for your best interests. Your own agent will critique the property with an eye towards how well it meets your needs and will point out any drawbacks you should know about.
So whether you decide to work with me or not, pick an agent you feel comfortable with and enlist the services of that agent as a buyer’s broker. Then you become a client with all the rights, benefits, and privileges created by the agency relationship, and you’re no longer just a shopper.
Sometimes homes are sold before the ad gets printed. These “great deals” go to those people who are committed to working with one agent who is looking for the right house for you every day. So to get the best buy on a property, I always recommend that you enlist the services of a licensed Realtor working for you.
Of course, I hope you feel confident in my ability and call me to discuss your home needs.
Call me or send me a note to ask your buying questions. I’m not a lawyer who charges by the hour.
No question is a dumb question – except an unasked question.
I’m looking forward to hearing from you!
– Cindy Ross