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Ten things to know before you buy a house
Ten things to know before you buy a house 洛杉磯
By   Interner
  • 城市報
  • Buy a house
  • Preparing to buy a house
  • Things to do before you buy a house
Abstract: Buying a house is not something that can be decided immediately. Before buying a house we have to do a lot of information collation and work preparation.

Buying your first home is an exciting event, and all those plans you've been thinking about for a long time, even years, will come to mind at the same time.

In order to get the keys to a home, you will need to compile a lot of information and take a lot of action, here are ten things for you to do when buying a home.


You need to find the right team, the right real estate team can help you close deals beyond your wildest dreams.

You need a trusted professional to help you on your own, find an agent or broker who knows your area like the back of their hand, is experienced in the business and moves quickly.

This professional will advise you when you visit the home, prepare you for an offer, and guide you through the escrow process, and you should also make sure you have a good lender on your real estate team.


Get your finances in order before visiting the property.

Your chances of finding your dream home increase if you have your finances in order before you even look at the property.

Talk to the lender and figure out how much you can borrow, how much you need to borrow, and how much you need to take out at closing.

Obtain a prior loan approval certificate from the mortgage administration, which will detail the terms of the loan.

Next you can find a house that fits your financial situation and be prepared to move whenever the opportunity comes.

The focus is on what to look for in a house.

The house you visit may be different in appearance from the house you want to live in, so when the real estate team shows you the house, you can skip the paint colors, countertops, appliances, and even the flooring.

You should observe if the skeleton of the house is solid, and also consider the overall structure of the house and the possibility of turning it into your ideal home.

Also, take note of the areas in the house that can be added or altered so that you can make adjustments after you purchase the property.


Consider the future buyers of the house.

You may not have children and have no plans to have children, but the person to whom your future property is transferred may have children or want children.

When looking for a home, think about how long you may live there, and if you choose to sell for some reason, it may be wise to consider the school district in which the home you intend to buy is located.

Families view the school district as the most important factor when buying a property. Therefore, if you think you may be moving, you should make sure that the property you plan to buy is attractive to other parents and prospective parents.


Keep a pragmatic approach.

When you are looking for a new home, you can immerse yourself in the wonderful vision you want your house to achieve.

You may want your first property to include acres of land where you can live out your farmer's dream of being self-sufficient and enjoying a life of isolation.

Maybe you crave fast-paced city life and you want to live in the perfect downtown loft-style house close to all the top stores and restaurants.

However, you should also keep your feet on the ground and consider your current lifestyle, as well as the various limitations that a specific house may present, including lack of resources or lack of transportation.


Pay attention to your budget after you buy a home.

Not only do you need to sort out your finances before you buy your first property, but you also need to make sure you know what will happen after the deal closes. Take into account the costs associated with utilities, maintenance, renovations, transportation, taxes and insurance.

Think about what you are doing when you move.

Plan what you should do if you have to move later or if you want to move.

If you are planning to buy a condo or townhouse and you have considered moving, you should make sure the condo or townhouse can be rented out, as some homeowners associations may restrict rentals or even tenants.


Attend home buying seminars.

When you are looking for a home or planning to buy a property, attending a home buying seminar may make you feel that everything will go more smoothly.

Once you enter the transaction process, it may be helpful to have some real estate terminology and understand options, especially mortgage options.


Consider buying an investment property.

When interest rates drop and you're interested in getting into the real estate market, first consider whether it's necessary for you to move into a new home.

You can buy a new home and rent it out. Choosing an investment property when buying your first home is a move many homebuyers make when they first enter the real estate market, but not when they want to move into a new home.


Be prepared for a quick move.

Whether you're buying your first property to build your dream home or renting it out, your chances of achieving your goals go up when you're ready to move quickly.

Sure, you'll want to take some time to seriously consider offers on a particular property. But, if you wait too long, another buyer may beat you to it.


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Ten things to know before you buy a house
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