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Home > City Resources > Real Estate > Buying your dream house

Buying your dream house

Here are a few things to be kept in mind when you plan to buy your dream house.

  • Choose an experienced realtor with proven record.

  • Your Realtor should have recent sales in the areas you are considering.

  • Your Realtor should be able to explain agency disclosure laws and offer to represent you as a 'Buyer Broker' to negotiate strongly on your behalf.

  • Your Realtor should have access to all area home listings using the latest real estate technology.

  • Prequalify with a reputable lender, and shop for homes in your price range.

  • Prioritize those things you want and need in a home.

  • Specify your preferred location, neighborhoods, shopping and school districts

  • Identify the size, style, lot preference, and amenities you desire.

  • Itemize those features and amenities that you consider a necessity versus those on which you may be willing to compromise.

  • Whenever possible, visit homes when the owners are not present. You will feel more comfortable, you can openly discuss your thoughts, and you will gain a negotiating advantage.

  • As you view homes, take detailed notes and ask for or take pictures that may be referenced later during the final selection process. Don't be influenced by cosmetic features.

  • Visit the neighborhood of interest at different times of the day

  • Try your commute to work from that location

  • Feel confident that this is the right place for you.

  • Ask your Realtor to research area development plans that may impact the future value of your home.

  • When making an offer, ask for more than you expect, and be willing to compromise on items of least importance.

  • Your sale offer should be contingent upon a home inspection performed by a certified professional home inspector.

  • Always carry your Realtor's cards with you. You never know where or when you will find your dream home!

Tips
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