4 THINGS EVERY HOME BUYER MUST KNOW ABOUT HOME BUYING

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Your home is your solace, a place to make memories and escape from the world’s pressures. So, it is important to make the right choice. But it is not easy. In many markets, housing stocks are tight, making it difficult to find exactly the right place. If that is the case, just be patient! More supplies will eventually come. If you settle for a smaller house because you want to "time" the market, you will want to buy a larger house in just a few years, and might get stuck trying to sell the small house.

As someone browsing for a new home, you sometimes have an overwhelming amount of information. Floor plans, communities, interest rates, mortgages ~ there is thus much to check out, sift through and choose. It’s important to know what’s really important. So, here are four important things to keep in mind as a new home buyer.

1. Do not commit before being ready

Owning a home is a big commitment - and one more expensive than some homebuyers realize. Before buying a home, make sure you know exactly what you're getting into so you can decide whether you are financially and personally ready for that big commitment. In addition to your monthly mortgage payment, calculate how much you have to pay for property taxes, homeowners insurance, maintenance fees and other monthly costs of owning a home.

2. The school district will affect home value

Even if you have no children, it is worth reviewing the school district in a neighborhood before buying a house because living in an area with a coveted school system increases a property's resale value.

3. Consider both interior and external curb appeal

A house with a great exterior might draw you in, however the interior curb appeal can help resale in the short or long term. Here, you need a house with a good floor plan and a structure that makes living in it comfortable for your household.

4. If buying new, check out there the builder's reputation

If you’re shopping for a new home, you probably know where you would like to live, thus you’ll be evaluating home builders within that part of area. You’ll look for house designs that are attractive to you within a budget range you can afford.

The best way to check out the builder is to ring some doorbells and knock upon doors. Look at the communities where they build and ask property owners about their experiences. You should talk to at least 3 to 5 neighbors and acquire a consensus before you make one of the largest investments you will ever make.

http://info.searchsomehomes.com/home_buyers/

Jeffrey Nietupski

Real Estate Agent