Tuesday, November 3, 2015

Do's and Don'ts of Real Estate

Three Essential Buyer's Tips for a Smooth and Successful Close


Buying a home can be an emotional process, and having a plan that includes respect, patience and good communication can help ease those highly charged emotions and ultimately help you accomplish your goal of home ownership.


Here are three quick buyer’s tips that are proven to keep your transaction as smooth as possible:


1.  Be Respectful of Time


Selling a home isn’t easy and it’s important as a buyer to be respectful of the stress that selling a home can put on a family. Do your best to always be on time to showings, inspections, walk-throughs etc.


Quick Tip: Putting yourself in the seller’s shoes throughout the process is a good way to help keep emotions calm, cool and collected.


2.  Keep Your Eye on the Prize 


Home ownership can be a huge step towards financial stability, and finding the right home in the right community can help to provide a great life for you and your family. Once you’ve found “the” home, it’s important to keep your eye on the prize and not let the little things come between you and those new keys.


Time and time again I’ve seen buyers make the mistake of getting too emotionally charged over inconsequential things (i.e. “I will blow this whole thing up if the sellers don’t clean out the gutters.”).  Staying focused on the big picture to help you accomplish your ultimate goal.


Quick Tip:  A good real estate broker should be there for you throughout the entire process. It’s his or her job to help you get through the emotional times and keep you focused on the end goal. Do your research and pick a broker who can stay calm under pressure. 


3.  Do Your Research and Form a Great Team


You will want to hire an experienced broker who has a firm grip on the current market and how to put you in the best position to compete against other buyers. Do your research and ask tons of questions. Choosing the right broker can help you accomplish your goals on time, all while helping to make a stressful transaction a smooth one.
 
You will also want to hire a local and experienced lender, one who knows how to position you financially when it comes to purchasing a home in this competitive market. A good lender will also take the time to sit down and discuss all the available lending options, helping you make the best decision for your financial future.

Lastly, you will need a reputable home inspector to give you peace of mind that you’re purchasing a well-built, safe home. Search for reviews on line and/or ask your broker for recommendations.  

Quick Tip:  Cheapest is not always the best when it comes to choosing the best inspector. Remember, this is one of the biggest investments you will make in your lifetime.

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