Perhaps it’s easy to say that house hunting is an exciting part of every home buying journey. This is where you decide what type of house fits your needs and what is well within your budget.
Before all that, it’s ideal to get pre-qualified for a loan first. Through this, you will get an idea as to how much you could afford on a house. Other than that, knowing that you are pre-qualified for a loan gives a good impression toward sellers.
But when looking for a house to buy, it’s quite easy to get carried away with all the fun that comes with it. So it’s always important to be particular with every detail and with every step of the way. Also, it pays to determine what you want first before you begin looking for a house.
1. TAKE ADVANTAGE OF HOME INSPECTION
A thorough home inspection gives you a clearer picture of the property you are eyeing on. Sure, this move would cost you a pretty penny but if you understand the condition of a house it helps when you negotiate for a price. This protects you from buying an overpriced home. In the end, it’s for your own good.
2. FAMILIARIZE THE SPACE
While you’re house hunting, get to know its features very well. Check every room and try to picture yourself living in that house. Ask yourself if you can see yourself residing in this space for a long time.
3. THE SMALL THINGS COUNT
Make sure everything is in good condition. Check the water system, furniture, and fixtures. See if there’s any improvement or repair that needs to be done. Know if the property’s foundation is sturdy enough, too. Usually, this would let you know how much expense you’re willing to shell out for repairs if there’s any. If you want to check the property on different times.
Have questions? Our lenders can answer them for you.
4. LOCATION STILL MATTERS
Be familiar with the neighborhood. See if it’s an ideal neighborhood for you. If you’re starting a family, it’s nice to see if the neighborhood around you is safe for a child. Take note of your accessibility. Nearby grocery stores, restaurants, parks, and recreation areas would usually be a factor in your decision as well. Compare how the property and its surroundings are like at daytime and nighttime.
5. SAFETY FIRST!
Be wary of elements in a house that could compromise your safety. Make sure that the electrical wirings pass quality standards. Check the floor and ceiling and make sure everything is properly installed.
After looking into different properties, it’s time to compare one after the other. Keep track of the features in every house. It makes deciding a little easier. If you want, you can list it all down in a chart and make a checklist of your own.
7. PREPARE POST HOME BUYING COSTS
Along with your house hunting journey, keep in mind that there are other costs that are beyond the price of the house you’re eyeing on. These could either be possible repair and renovations costs, furniture, and other design costs. How much are you willing to spend on those? Being prepared will always be the key.
Ultimately, it pays to be particular with choosing which property you should make your home. These things would go a long way, especially for first-time homebuyers, in helping you make a decision.