Seven Tips to Buying a House

January 15, 2013

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Luxury home for sale in the Miami area, Pinecrest real estate

 ·      Choose the Right Realtor® Your Realtor® is your financial advisor for what will most likely be the largest transaction of your life. Make sure you choose wisely.

·      Location You can re-model, re-design and landscape, but you can’t change the location. Where you buy a home is just as important as the home itself, if you’ve got appreciation of value in mind.
·      Home Inspections A licensed home inspector will check structural, mechanical, electrical, plumbing and heating as well as a/c systems, they check for defects the home owner may not be aware of and can help you make a decision on whether to buy or not.

Related: The secret to buying a new luxury home
 

·      Your Lender and Your Loan Choose your lender wisely; make sure the loan program you apply for is appropriate for your needs and long-term goals. For example, if you know you’re going to be in the home for less than five years before you move, why pay closing fees up front? A good lender will take the time to find the loan that’s best for you.
·      Buy a Home You Can Afford Using a lender’s guidelines, decide how much house you can afford. You want to get the most house for your money, but don’t want to overextend yourself either. Be careful: if you are forced to sell, most of the times it generates a loss to the homeowner.
·      Buy a Home You Like No matter how well intentioned friends and family members are, no one but you should be deciding which home you choose to buy. You’re the final word.
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