| Buyer Tips
Choosing your real estate professional is, perhaps, the most important decision you will make when buying property. You need an agent you can trust and who will work hard to get you the best home for the best price. However, no matter whom you choose, these simple tips will help you find and purchase the right home more quickly and with less stress for you. If you're a first-time buyer you can find more information here.
Before you shop:
Be a smart consumer. Learn the financing basics. Know how to shop for a home loan that's right for you.
Get pre-approved. This is a very easy step towards finding the right home. You need to know the right price range to focus your search on.
Know what you want. I want you to be happy with your new home for many years. Do you want a single level home? Do you want want more space for family, pets or hobbies? Is a newer home important to you? Are you able to handle repairs yourself and might want a fixer?
Keep your debt load to a minimum. While you are shopping for your home it is important to remember that your credit will be examined during the buying process. Avoid making new purchases. Also, don't let anyone other than your lender run your credit during the home buying process, as this can affect your score in a negative way.
Be prepared to view new properties quickly. A good deal will not last long. If you are prepared, you will have the confidance to make a strong offer.
Have instant access to your agent. Your agent is your contact to escrow and the sellers. Good communication is essential.
Before you buy:
Submit a strong competitive offer. Include an earnest money deposit. Offers must include a deposit to hold the property. In the Eugene Real Estate market roughly 1% of the puchase price is the current average.
Try to minimize the number of contingencies. Fewer contingencies will make your offer more attractive to a seller.
Hire an inspector. A professional building inspector or appraiser will make sure that you know what condition the home you are buying is in. select an inspector who is licensed and a member of a professional inspectors organization .
Check zoning regulations and covenants. Make sure to check the title with your agent so that you are aware of any restrictions that may exist.
Request an updated property survey. Fence lines may not reflect the accurate boundries.
Get agreements in writing. Real Estate contracts and any agreements, must be in writing to be enforced. Make sure any agreements for personal property such as appliances or furnishings are added to your contract.
|