Dec. 4, 2014
6 Most Essential Home Buying Tips
A survey of 400 real estate professionals found that these are the most important tips for home buying.
#6 - Develop a Wish List
82.4% of agents say this is a very important tip.
0.27% of agents don’t recommend this tip.
The tip: Come up with a realistic wish list. Find out what you can afford in terms of house size, neighborhood and amenities.
#5 - Include Contingencies With Offer
83.0% of agents say this is a very important tip.
0.78% of agents don’t recommend this tip.
The tip: Include important contingencies, such as financing and property inspections, with your offer.
#4 - Put the Deal Into Writing
87.5% of agents say this is a very important tip.
0.83% of agents don’t recommend this tip.
The tip: Get the seller to put every component of the deal and any verbal agreement into writing.
#3 Communicate Through Your Agent
89.0% of agents say this is a very important tip.
0.27% of agents don’t recommend this tip.
The tip: When you want to ask or tell the seller something, always go through your real estate agent.
#2 - Get Preapproved for a Loan
89.0% of agents say this is a very important tip.
0.78% of agents don’t recommend this tip.
The tip: Before you start house hunting, get preapproved for a mortgage loan.
#1 - Get a Home Inspection
91.4% of agents say this is a very important tip.
0.54% of agents don’t recommend this tip.
The tip: Get a home inspection to evaluate the safety and overall condition of your new home, even if it appears flawless.
But here's the top priority for home buyers...
WORK WITH A REAL ESTATE AGENT!!
REAL ESTATE AGENTS ARE ...
PRICING EXPERTS
Agents will know if a house is overpriced or underpriced.
FINANCING WHIZZES
Agents can help you understand your many financing options.
MASTER NEGOTIATORS
Agents can get you the price, terms, and conditions you want.
SKILLED HOUSE HUNTERS
Agents know of unlisted home for sale and have personally visited many listings.
PAPERWORK-TACKLERS
Agents can easily tear through 100 pages of closing documents.
Your dedicated buyer's agent is no cost to you. Save money, time and headache.
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Sources: All data from Market Leader's "Top Home Buying Tips" survey