Not everyone can afford to build a brand new custom home. If you are in the market for a new home, you may be looking at older homes where you want to live. Buying an older home can also present its own sets of challenges. You will want to know about the repairs and maintenance that you will need to do. Here are some tips to help you with planning when purchasing a new home:
For most people, a home is the most expensive investment they'll ever make. And it's definitely a worthwhile investment – after all, you'll build equity as you pay off the home, rather than throwing away money on rent every month. However, that doesn't mean that you shouldn't try to save a little money on the deal if you can. Many home buyers don't realize that if they can sweeten the deal for the seller, they may be able to get the home they want for less than the asking price.
Purchasing a new home is a very exciting event, but once people close on the deal and move in, many forget to take some simple measures to ensure that the house is as safe as possible. Taking a little bit of time to do several things can protect you and your family for years to come.
Re-Key All of the Locks
You'll receive a set of keys for your new house at closing, but you have no way of knowing if you are in the possession of the only keys for your home.
When aspiring homeowners look to purchase a home, they generally look for properties that are for sale by the owner, or from a realtor. Buying a foreclosed home comes with considerable risk, but you can eliminate this risk by paying close attention to how you search for foreclosures and analyze them.
Using the tips below will help you buy a foreclosed property with complete confidence.
Hire a Realtor with Foreclosure Experience
Most realty agents charge somewhere around 6 percent of the total home price for selling houses. This percentage includes both commission and fees, and it amounts to a significant amount of money in most cases. Although you might have to use a real estate agent if you want to get your home sold quickly, you don't necessarily have to pay that 6 percent. Use these two creative ways to get your real estate agent to cut their percentage when selling your house!