Buyer Resources
Getting Ready To Buy
Purchasing a property is probably one of the biggest financial decisions you will ever make. Regardless of whether you are a first time home buyer or experienced investor, you must make careful decisions throughout the buying process. Below are some things to consider before you buy.
Why Are You Buying?Are you tired of paying expensive rent or simply outgrown your current home? Are you looking for an investment property? Having a clear sense of your “why” behind a new purchase will help you evaluate the right factors and choose the best property.
Are You Ready to Invest?Property ownership has long been a proven strategy for building wealth and continues to be a reliable option. Whether purchasing your first home to establish an initial asset or seeking a rental property, investing in real estate remains a strong choice. Property investments are generally stable assets and tend to carry less risk compared to other forms of investment, such as stocks or collectibles. It is important to have a clear understanding of your goals and reasons for investing to make informed decisions and maximize potential returns.
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If you're ready to raise your expectations for what your real estate company can offer, you’ve come to the right place.
Our vision is to have an independent real estate company that challenges traditional real estate methods and practices by offering a new dimension for buyers, sellers, and agents. We combine the best of traditional real estate with innovative marketing tools, technology, and our one stop shopping.
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Tips For Buying
Don’t Max Out Your Budget
Even if you've been approved for a maximum loan amount, it's important not to spend the full amount on the home's sale price. To ensure you can comfortably afford your monthly payments, consider leaving room in your budget. It's also wise to set aside additional funds for closing costs, property taxes, and any potential home repairs or remodeling that may arise after the purchase. Planning ahead will help avoid financial strain down the road.
Get to Know the Area
Make sure the neighborhood works for you and your family - are you close to schools and is shopping conveniently located?
Don’t Skip the Home Inspection
Inspections are worth their weight in gold and will draw attention to problems you may not otherwise see, giving you peace of mind and letting you make more informed decisions about your purchase.
Get Pre-Approved
Getting pre-approved by a lender lets the seller know you are serious and ready to purchase a home and that you are not just window shopping.
Know what you can live with and what you cannot live without and also those things that can be taken care of with a simple remodel. If you need a 4 bedroom home, don't buy one with 2 that requires a massive addition which can break your budget.
Look at the Age of Appliances and Other SystemsAppliances are some of the most expensive portions of the home and you should pay particular attention to their age and whether they have required service. Other systems to have inspected are your HVAC, hot water heater, and your septic & well, if applicable. You may be able to get the seller to add a home warranty when buying.
Check For HOA RequirementsMost neighborhoods have HOAs that govern what you can and can't do - be sure you know what the rules are for your neighborhood.