Even if you’re an experienced buyer, buying real estate takes time
and patience, and hard work to find the right home. Is it an investment
home you’re after, or your first home? Zillow has compiled a list of
things all buyer should keep in mind when thinking about buying real
estate, and here is the synopsis:
Even though mortgage interest rates have slightly risen, they are
still at historic lows. This has caused many people to put a pause on
their home search, scared by the recent change in rates, but that could
be a mistake, as rates will likely continue to increase over the next
few years. Buyers should also keep in mind that while you’re real estate
agent can give you guidance,it is your job at the end of the day to
make every decision. Be sure that the home your purchasing is a smart
financial investment for you, and review the title documents, mortgage
loan documents and disclosures, etc. Do your research to avoid any
problems down the road. Generally speaking, shopping around for 4-12
months is a good time frame to give yourself to look at dozens of
properties before zoning in on the right one. Drive around the
neighborhoods you think you’d like to live in regularly, and be
realistic about the price range. No home is absolutely perfect, so do
your research and shop around before you choose the right home for you.
For more information on Seattle real estate, contact your local real estate agent today.
Wednesday, September 11, 2013
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