Avoiding The Pitfalls Of First Time Home Buying

Viewing a house can be exciting. You can imagine yourself living the good life as you would be living on your own home. That said, purchasing your first home could also be daunting and in fact concerning if you ever heard of first time homebuyer’s problems. Aside from moldy insulating panels and infestations, buying a nice home without any problem can be slim and if you are considering a new home, it can be quite expensive and might not fit your budget.

If you are buying or considering purchasing a home, then you might benefit from the following tips below.

Two Eyes are better than one

While you may be impressed by the sweet talk of the real estate agent, having someone with you can help you a lot especially if the agent is not paying attention to that person. Your friend or your relative can help you spot some problems of the house and if they have their own homes chances are, they would be able to check places that can cause problems especially if they experience it first-hand. Second person would also help you make an informed decision as they can also ask questions that you have not thought about preventing you from making a quick decision that you may regret later. Your friend can also take a video or photo of the rooms, window fixtures, furnishings and other details that you may find useful.

The Early Bird catches the Worm

One trick that can really help you decide is to arrive a few minutes early to take a good look and feel of not only the property, but also its neighborhood. This would allow you to see if the place is in good location and safe. If you do not feel safe or feel threatened then it is best to politely decline after the tour.

What you should ask Your Agent

It can be hard to ask questions if you do not know what to ask and as such, it is important to have a checklist of things that you think is important to you. It is also essential that you talk with the agent about the previous owners if it is not a new home. If it is newly built, then ask the agent about the neighborhood, possible taxes, and what the developed land used to be. Some homes are built on reclamation lands that are used to be bodies of water, if it is, then it is important that you know which developer it is and what potential problems one might face.

These are just some of the things that you may want to avoid especially if you are considering buying your first home. If budget is of no issue then you might also hire an assessor to check the house for you. You have to pay some but it will be worth it in the end.

There are some cool apps that you can download to your phone that can help when you are looking for a new property. House Inspector App is a software application that is available for Android and iOS and is a convenient way to view the house.

Article Source: http://EzineArticles.com/expert/Patrick_Laurence/1754394

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