Need a quick list of things to look for when buying a home? Here are the top 5 tips we think you should keep in mind…
Buying a home can be a big and exciting step towards living out the American dream. But, the process can also be daunting, to say the least. In order to help offer some guidance and tips on how to ease the process, keep reading!
Home Buying Tip # 1: Make sure you are financially ready. Think about if you are going to be able to afford a down payment and mortgage payments on a new home. If you don’t have a stable job, or if your income fluctuates, maybe right now isn’t the best time to be putting down a significant amount of money on a down payment.
Home Buying Tip # 2: If you’re confident you are financially ready to buy a home,research is extremely important to making sure you buy the best home for you. Researching neighborhoods should be a priority, and it’s important to make sure you know if the amenities you are looking for are in the neighborhood and what schools are nearby if you plan on starting a family.
Home Buying Tip # 3: You should be prepared to shop around for a mortgage deal so that you can get the best bang for your buck. Figure out what mortgage terms you can afford and what mortgage terms you can get from lenders. And, remember to read the fine print!
Home Buying Tip # 4: Be sure you have an inspection of the home completed. Sure, the exterior and interior may look clean and freshly painted, but there may be other problems that lurk beneath and are more difficult to detect with a naked eye. Structural defects and pests can be hidden flaws that can end up costing you in the end.
Home Buying Tip # 5: Spend some time thinking about what you should offer when you’re sure you want to purchase a home. Figuring out how much you can afford and taking into account the seller’s position (for example, do they have multiple offers already? are they willing to include the washer and dryer?) can help you get into a better bargaining position.
Although there are many other factors to consider when buying a home, if you keep these top 5 tips in mind… you should be in your new home in no time!
If you’re looking for more information about Louisville and it’s wonderful neighborhoods, make sure to visit The Oatley Team – Top Louisville Realtors.
via:http://moving2louisville.com/5-quick-tips-buying-home/
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