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Justin Harrell, Real Estate Agent, Broker, Owner

House Hunting - An Easter Activity for Grown-Ups

Spring has sprung, and Easter is right around the corner. Think back to when you were seven-years-old: You were wide-eyed and grinning from ear to ear with an empty wicker basket, ready to hunt some eggs. You were determined to find that prize-winning egg because it had something special inside, just for you.

House hunting isn't much different.

Buying a home is no doubt one of the biggest and most important decisions of your life, but don't worry because a RealtorĀ© can help every step along the way. It doesn't have to be "every man for himself" like Easter egg hunting. With the right agent, you can find your dream home AND have a positive experience through purchasing it.

Here are some tips for house-hunting:

1. LOCATION, LOCATION, LOCATION.

You know that old real estate joke about "location, location, location"? It really does matter. Think about how far you are willing to commute for work and school. What will be next door, a vacant lot or a commercial property? If it's an undesirable location, it can be a bad choice, especially if you anticipate reselling the home in the future.

2. MAKE A LIST OF FEAUTURES YOU WANT AND NEED.

You'll do yourself a favor if you make a list ahead of time. Start your list by thinking about what you like and dislike about your current home, and then focus on the features you must have, would like to have, definitely don't want, and would prefer not to have. Your goal is to find the right home without settling or falling in love with something that isn't suited for your needs.

3. GET EDUCATED.

Today, consumers have access to information about market trends, neighborhood statistics, recent home sales prices, homes on the market, and the home-buying process. Do your homework. Use your RealtorĀ©.

4. PRE-APPROVAL FOR A MORTGAGE, ANYONE?

Your top-dollar home price is a reflection of several things, including your household income, your creditworthiness, and how much in-hand cash you have for the down payment and closing costs. Rather than estimating what you can afford, ask a mortgage broker or lender to give you a full assessment with a letter stating how much you're qualified to borrow. It could be much more or less than you thought.

5. TAKE NOTES WHEN YOU VISIT HOUSES.

Touring multiple homes can be confusing, especially when features begin to blur together. It's a good idea to take notes about the homes you visit with your handy-dandy list of features mentioned in Tip #2. Use it to match the features of each home to those you desire.

6. BE COMFORTABLE.

Like Easter egg hunting, house-hunting can be tiring. When you tour homes, wear comfortable clothing and supportive footwear, especially if you want to see many homes in one day or you're relocating to a distant community.

7. PREPARE TO MAKE AN OFFER.

House-hunting can be frustrating. During the process, you might realize you're not ready financially or emotionally to buy a home. If you're not ready, listen to your gut and come back when you're ready. If you are ready, ask your RealtorĀ© about a blank purchase contract ahead of time. It can help you with what to expect and the decisions you'll make with your offer.

8. DON'T STRESS.
House-hunting isn't worth losing your sanity or adding on unnecessary stress. Save some time at the end of your house-hunting journey to relax so you can calm your thoughts and emotions. Keep the whole experience in perspective.

http://www.realtor.com/basics/buy/looking/hunting.asp?source=web

 

 

remax real estate franklin north carolian

Justin J. Harrell - ReMax Elite Realty
1296 East Main Street Franklin, NC 28734
Phone: 828-421-0095 or 866-981-4600

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