Finding your dream home – tips and tricks

Written by Henry Young. Posted in Real Estate

What could be more exciting than buying your first home? For the first time in your life you will have you own private property, one that you can soon call home. As exciting as this purchase might seem, it also is a tough decision to make. Being one of the largest investments you will be making in your lifetime, you will need to think about various aspects in advance. The process of buying a house can turn out to be time-consuming and stressful, and you will need to have some important considerations in mind at all times. Once you start looking for Scottsdale homes for sale, you will come across what seems like an endless list of options, and deciding on the perfect home will be harder than you would have expected. However, if you follow some useful tips, and take into account a few relevant aspects, buying your dream home can be an achievable task.

Work with a real estate agency

One of the first considerations of any homebuyer is if they should work with a real estate agent or search for a property themselves. Even if your first instinct would be to find a property by yourself, and not pay an agency to help you out, this is not a convenient choice. An agency that offers these types of services has the experience and professional relations necessary to provide you with a wider range of offers. Receiving professional assistance in your search can mean obtaining a better deal, and thus saving money. They will put at your disposal many options to choose from, and they will also offer you professional advice, taking into account your budget, needs and requirements. However, make sure you choose the right real estate agency. That means looking for a company with a good reputation, excellent customer service, friendliness, promptness, and perhaps a few good references from other house buyers. Remember that having an experienced agent by your side, during your house screenings can go a long way, and you might come across your dream home sooner than you have expected.  Pick a real estate agent that specializes in the specific market you’re looking such as one that specializes in Old Town Scottsdale AZ condos.

Think long term

When buying a house you need to think long term. Try to consider how your life will look like a few years from now. Are you planning to have children in the near future? Will you need to take care of an elderly relative? These are questions that you should be asking yourself, because you need to ensure yourself that the property is sufficiently spacious not only for your current lifestyle, but for your future one as well. Also, perhaps you will want to sell the house after a few years, so this means you should opt for a reputable neighborhood or a location that comes with various amenities. This is a decision that is important not only for your present but for your future as well, so make sure you have thought through each important aspect.

Consider further expenses

Create an achievable budget and stick to it – do not spend all of your life savings on the property only. You should consider expenses outside of the home itself that will come with being a home owner. Consider furniture, upgrades, insurance, commuting costs, and other investments you may need to make, especially if your budget is limited. Make a list of all your expenses and budget everything wisely. Do not buy a house that is over your financial possibilities. You can find plenty of amazing deals, just take your time, and do not rush things.

Inspect the premises

Even if a house might seem perfect at first glance, there might be many hidden damages that cannot be spotted so easily. If you do not want to make any mistakes, do not rush yourself into making a decision. Take all the time you need to carefully inspect all the rooms of the house, each corner, the plumbing system, the air conditioning system (if it has one) and so on. Look for possible rodent infestations or mold growth, because these are problems that are not so easily fixable and can push you into spending even more money on repairs. If you notice problems with the interior or exterior of the house you may be able to obtain a discount, so inspect the premises with care.  

Location counts

Even if you might have found a home that looks exactly how you always pictured it, the view is sometimes more important than the building itself. Opt for a house that is situated in a beautiful area, and that offers you a view you will not get tired of that easily. If you have kids or are planning to, having a school or a playground nearby will come in handy. Even if a house might not have a perfect interior or that large garden you desire, these things can be fixed, so make location your first priority.

Read the contract carefully

After deciding on a property and following each step mentioned above, you will have to sign a purchase contract. You will be surprised to find out how many people neglect this particular aspect, and sign contracts without reading everything that the contract contains. Making this mistake can lead to various inconveniences in the future that can easily be avoided. It is imperative to understand the terms of your purchase, and if there is something that it is written in the contract that you do not fully comprehend, do not hesitate to ask your real estate agent to help you.

Looking for a new home is certainly not an easy process, and it most definitely cannot be taken lightly. This means you will need to pay attention at all times. Now that you know the most important tips, you can simplify the task of searching for the perfect house. Remember to hire a realtor, and you will not regret the decision.