Purchasing a property is both exciting and stressful. There are a number of factors that come into play, and it really does come down to being well-informed and prepared. Whether you are thinking of buying your very first piece of real estate or you have already been through the buying process at least once, it’s good to keep the following advice in mind.
Consider Your Needs and Wants
Before you begin searching, it is a good idea to make a list of everything you need and want. Your needs, preferences and deal breakers will be your guidelines throughout the process. Think of your financial situation, how much you can afford, and any features you cannot do without. For example, if you need three bedrooms, you won’t be looking at any homes with less than three because they won’t satisfy your needs.
Create a checklist
Just like making a list of what you want and what you don’t want, you should also make a checklist to ensure that you don’t overlook something during your inspection. Use a different checklist for each property so that you don’t forget to look for possible cracks, damages, and any other features that could affect your decision.
Do Your Own Research
People love to talk, but it’s up to you how much you listen. Instead of believing everything you hear, conduct some of you own research and investigate properly. Only you can satisfy your own curiosity.
Choose the Right Estate Agent
Choosing an estate agent is important of course. It is even more important to choose the right one! Your estate agent should know and understand what you are looking for. They should do everything in their power to fulfil your requests, and they should be in contact on a regular basis to advise you on new properties that have been listed. A good estate agent in an active one who never stops looking until the buyer’s needs are met, and all parties agree.
Visit Several Properties
At times, the first property you see is so impressive that you don’t want to look further. This means that you are closing the door to other (potentially better) opportunities. You never know until you try! Don’t be afraid to visit a few properties and take notes of all the positive and negative aspects. Once you have all of your lists, you can compare them to one another and make the best choice.
Don’t Delay
The best time to snap up a great property is when it is fresh on the market. Make sure that you watch the local listings and have your agent keep you informed about new properties too. Make sure that you are at least one of the first potential buyers to show an interest and make your offer sooner rather than later. There is a fine line between taking your time to consider your options and taking too long. If you fail to decide in time, somebody else might just snap up that prime piece of real estate!
Inspect the Neighborhood
When buying any real estate, it is not only important to inspect the property but also the surroundings. Map out the area and determine the property’s proximity to various services and facilities such as schools, hospitals, stores, and anything else that might be of interest to you. Take a look around during the day and night in order to establish the kind of neighborhood you are looking at. Remember that the area might seem pleasant during the day but could transform upon nightfall.
Call Marina Rigenco at 647-834-2292 today for expert real estate advice and to find the property of your dreams!