Excitement abounds, for the day has come for you to fulfill your dream of owning your own home! This is a wonderful time but it can also be a very stressful time in your life. It’s easy to get overwhelmed and confused in the tumultuous sea of paperwork, hidden details, and legalese that is the process of buying a home. Fortunately, there are professionals particularly real estate agents, to help you through this process. Here’s a quick and dirty guide to getting yourself ready for buying a home.
First and foremost, take your time. A lot of home buyers will spot a home they like and feel like they have to make an offer right away. Do not fall into this trap! This is a major, life-changing decision and probably the biggest financial investment you’ll ever make in your entire life. Sit down, lean back, relax, and take your time. Shop around, look at other houses, look at mortgages and homeowner’s insurance. Never make any hasty decision when it comes to real estate.
Secondly, be aware of what you need in your home. Take a moment and make a list. Take stock of the things you need now, the things you will need later, and what things you really don’t need. Buying a single family home, you’ll need to remember to leave a little room to grow to accommodate the growing family. If you have or want pets, particularly a dog, consider a fenced-in yard. If you have a cat, a yard’s not so important, unless it’s something you want for yourself. Write up a list and really get into the nitty-gritty of what you really need your home to have, not just right now, but in five years or so.
One of the most important aspects of buying a home, however, is doing your homework. Remember that this is one of the biggest decisions you’ll ever make in your life, so it pays to do your due diligence. Never take anything at face value, no matter how nice the seller might be or how clean the house looks. The seller might not even be aware of some problems lurking within the house, so don’t be suspicious that they’re trying to cheat you. It’s not an “us versus them” situation, it’s just good sense to get all the information you can about the house. As such, always hire a professional house inspector and get a full report on the home. If any problems are discovered, you can bring them to the seller. Most of the time, the seller will offer to have the problems fixed before closing, or will knock the price down accordingly.