I am not a big fan of things stated in the negative, so I will translate each point to a positive Do.
1. Do understand the local real estate market to determine pricing and location options – go to open houses, look at Zillow & Trulia for ideas on prices and what you get;
2. Narrow your search to what is available in your price range – having said that, it is best to get a pre-approval upfront so you know what you qualify to purchase and what your monthly payment will be. Give me a call if you would like a reference for some great lenders;
3. Do obtain a proper home inspection to identify problem areas that could prove expensive – everything is negotiable until you remove contingencies, know what you are buying;
4. Do identify all available financing options based on your monetary situation – the lending environment has loosened up ever so slightly and you can now get a conventional loan for as little as 3% down. Know your options;
5. Look for the best home for your family’s needs – The “perfect” home does not really exist. If your agent has not sat down with you to discuss what you are looking for in lifestyle, commute, future and top 3 most important features, then it may take you longer to sort that stuff out. A good agent helps navigate that process;
6. Familiarizing yourself with local schools, shops and other neighborhood amenities – school borders can be tricky, consult your agent and ask where you can verify the information. I have seen out of area agents note a home is in the Walnut Creek School District when it isn’t, but they make the assumption because the house is in Walnut Creek;
7. Consult your lender before making a major purchase or changing jobs – moving money around or purchasing a new car could affect your credit rating or ability to purchase the home; &
8. Do buy with resale in mind.
Call or email me to learn more about how I can help you with a home purchase.