As a buyer it is super important that you pay attention to red flags when you’re touring homes. Some of these things could be: a lot of homes for sale on the street; really busy streets; railroad tracks in front of the house or nearby; damp and musty smells in the home; strong odors or air fresheners; water stains on the ceiling of cracked foundation walls or stains on the foundation walls as well. As well as missing downspouts or downspout extensions or any standing water in the yard or sloping back into the foundation. Any of these things that you find may be red flags, and they might also not be a problem. So just pay attention to them and look into them.
Tips
Your First Home Doesn’t Have To Be Your Dream Home
Your first home does not need to be your dream home. In fact, in today’s market with the inventory the way it is, it might just be better to go into the home buying process with the idea that you want to look for a place that you can build some equity that will be good for renters in the future. Or that would be good to turn around and sell then in two to five years or something like that. Then go ahead and sell that property and move into your dream home. Or even better would be to rent that property out and use that income to help pay for your new place.
Start Working With A Realtor Early On
If you’re looking to buy or sell real estate in the next two months to two years, it’s a great time to be talking to your realtor. That’s because you want to make sure that you have a solid game plan, whether you’re buying or selling. You want to know if you’re selling, what it is that you might need to work on and start fixing up. And if you’re buying, you’re going to want to know what you’re going to need to save, where you’re gonna want to be looking, things to keep in mind, and keep an eye on the market. And also just knowing what loan products are out there and what you might need to do with your credit, if that’s something that needs to be improved. So, if you’re thinking about moving in the next two months or two years, start working with a realtor now.
Why Work With A Realtor® When Building A Home?
Building a home is an exciting process and you want to make sure it goes as smoothly as possible all the way through. That’s why you should work with a Realtor®. In fact, 93% of people who build a home are represented by a Realtor®. A Realtor® is going to help you negotiate with the builder, can be your advisor to make sure that you’re choosing a location that’s going to fit you, and that you’re going with a builder that’s going to match up with your needs. They’re going to know the reputations of the builder. They can help advise you on upgrades and things like the trends in the industry that they see and they can help make sure communication is happening and everything stays on track. So if you’re considering building, please also consider using a Realtor®.