Real Estate 101: Your Buyer Checklist

Mortgage AustinPurchasing a home is one of the most exciting times in anyone’s life. Not only does homeownership symbolize the achievement of the American Dream, but you are also making a significant investment when you make a house purchase. Whether interested in Bethesda homes for sale or a home in Austin, it is essential that you take the necessary steps to ensure you make a solid investment in a home that will last for years. By keeping this buyer checklist in mind, you will be sure to make the right decision for you and your personal needs.
 

Choose the Right Real Estate Agent

The first step toward getting your home sold is to hire an experienced and reputable real estate agent to help you with the process. The best way to find an agent is to ask your friends and family about real estate agents that they may have worked with. If you do not know someone who has recently purchased a home, you will have to do a bit of research to find the right agent. Ideally, you should select an agent who has experience buying and selling homes in the neighborhood where you wish to purchase the home. This way, you can be sure the agent will have the knowledge and expertise necessary to advise you about the neighborhood, its amenities and its features.
 

Create a List of Wants and Needs

To help the agent narrow down your options on your behalf, it is important for you to create a list of your wants and needs. On this list, you should prioritize all of the things that are absolutely essential as well as those things that you hope to have in a home. By sharing this list with your agent and sharing your wants and needs with your agent, he or she will be better capable of finding those houses that are the most likely to suit your budget and lifestyle needs.
 

Determine How You Will Finance the Home

Of course, you will never be able to purchase the home of your dreams if you do not find the necessary financing first. Therefore, before you even start looking for homes, you should meet with a bank or other lending institution to learn more about the financing options that are available to you. Not only will this help you have a clear idea of where your finances stand, but it will also help you further narrow down your choices according to housing prices. Furthermore, if you get pre-qualified for a loan, you will enjoy greater negotiating power when it comes time to make an offer.
 
About The Author – Kevin Koitz specializes in Montgomery County real estate as a licensed Maryland Realtor and Washington DC native.

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