Key Questions to Consider Before You Attend a Home Showing

A home showing represents a valuable opportunity for a property buyer. However, there may be instances in which a buyer is unsure about whether to attend a house showing. Lucky for you, we’re here to help you weigh the pros and cons of scheduling a home showing.

Now, let’s take a look at three questions to consider before you attend a house showing.

1. Is a home the right size for me?

Take a look at a home listing and find out the square footage and number of rooms in a house. That way, you’ll be able to determine whether a house is the right size for you without setting foot inside the residence itself.

Of course, you should consider your immediate and long-term plans as you evaluate a home’s size. If you plan to start a family soon, for example, you may want to search for a home that offers sufficient space for you, your spouse and your children. Or, if you intend to retire in the foreseeable future, you may want to pursue a small home that requires minimal maintenance.

2. Is a home located in one of my preferred cities and towns?

Think about where you want to reside. Oftentimes, it helps to make a list of preferred cities and towns and narrow your home search to these areas. And if you find a home you want to check out in one of these cities or towns, you then can schedule a property showing.

In addition, it is important to remember that a big city home may prove to be more expensive than a comparable residence in a small town. If you decide to pursue a house in a big city, you may face increased competition for city homes in comparison to small town residences too.

3. Could a home be my dream residence?

Ultimately, if there is even a small chance that a home could be your dream residence, it may be beneficial to set up a showing. If you attend a showing and find a residence is your ideal house, you can submit an offer to purchase this home. On the other hand, if you attend a showing and find a residence falls short of your expectations, you can simply continue your pursuit of your dream house.

As you conduct your search for your ideal residence, it generally is a good idea to hire a real estate agent. This housing market professional will set up home showings, keep you informed about new residences that become available in your preferred cities and towns and much more. Plus, if you ever have concerns or questions during the homebuying journey, a real estate agent is ready to respond to them.

Consider the aforementioned questions before you schedule a home showing – you will be glad you did. And if you decide to attend a house showing, you will be better equipped than ever before to determine whether a particular home is right for you.

Condo Buying Tips: Things to Look For in a Real Estate Agent

Want to relocate to a condo? With assistance from a real estate agent, you should have no trouble moving into the condo of your choice.

Employing a real estate agent with condo experience is ideal, particularly for property buyers who are considering condos for the first time. However, it is important to note that not all real estate professionals with condo experience are created equal, and some stand out for all the right reasons.

Ultimately, there are several factors to consider as you search for a real estate agent to help you find the perfect condo, including:

1. Expertise

How many years has a real estate agent been assisting condo buyers? Does a real estate agent know how to get information from a homeowners’ association (HOA)? And can a real estate agent set up condo showings at your convenience? These are just a few of the questions that condo buyers need to consider before they employ a real estate agent.

As a condo buyer, there is no need to settle for a subpar real estate agent. In fact, real estate agents with condo expertise are available across the country. And if you conduct a comprehensive search for the right real estate agent, you should have no trouble finding a real estate professional who can guide you along each step of the condo buying journey.

2. Communication Skills

How does a real estate agent keep in touch with his or her clients? Try to find a real estate agent who provides regular updates throughout the condo buying process. This real estate professional will make his or her clients a priority and do whatever it takes to help them get the best results possible.

Ideally, you should be able to get in touch with a real estate agent via phone, email or text. And if a real estate agent is unavailable, you usually should expect to hear back from him or her within a few hours at most.

A real estate agent who is readily available will be able to provide you with the condo buying support that you need, any time you need it. As a result, this real estate professional can keep you up to date about new condos as they become available, the state of negotiations with a condo seller and much more.

3. Client Satisfaction

Are past clients satisfied with the support that they received from a real estate agent? Ask a real estate agent for client referrals to find out.

Reaching out to past clients can provide you with a better idea about how a real estate agent will assist you during the condo buying journey. That way, you can determine whether you will feel comfortable working with this real estate agent or if you should consider other options.

Dedicate the necessary time and resources to find a great real estate agent to help you find your dream condo. By doing so, you can move one step closer to making your condo ownership dreams come true.

Ask These 5 Questions When Viewing a Home

If this is your first time buying a home, you might be worried that you aren’t asking enough questions. Or maybe you’re concerned you’re not asking the right questions–the things that matter the most when making a financial decision as important and life-changing as buying a home.  

While everyone’s situation is unique when buying a home, there are some questions that all buyers could benefit from asking. These questions will help you learn more about the home, how competitive the house is, and how much work you’ll need to put into it.

Since time is usually of the essence for people buying a home, it makes sense to ask questions early on so that you don’t waste too much time exploring an option that isn’t ideal for your situation.

In this article, we’re going to give you 5 important questions to ask when you talk to a seller and their agent so that you can be prepared to make the best decision for you or your family.

1. How flexible is the asking price?

While few sellers or agents will outright tell you if they’d accept a lower offer, it’s still a good idea to ask this question, as it will open up a conversation about the seller’s feelings toward the home and whether they’re pricing high with the hopes of receiving slightly lower offers.

2. How many offers has the home received?

It may seem counterintuitive, but most agents and sellers will be quite happy to tell you if they’ve received other offers. They know that once you know the current offer you’ll have to either come up with a higher offer or move on. It’s a win-win for you and the seller, as it equips both of you with information you need to make the best choice.

3. Why are the sellers moving away?

This question can be personal, so if you receive an answer that suggests it’s a family matter, don’t press for too many details. However, some sellers and agents will let you know exactly why the house is for sale. From this simple question, you can learn the seller’s timeline for making the sale, details about the schools or neighborhoods, and any other reason that might drive someone to move out of the neighborhood.

4. Are there any problems with the house that you know of?

Although you’ll have an inspection contingency in your contract if you do decide to make an offer on the home, it’s better to know if there are any issues with the home before going through the bidding process.

Most sellers understand this and will be upfront about any problems with the home, including repairs that need to be made now or will need to be made soon after you move in.

5. What is the average cost of utilities?

Buying a home comes with a lot of added costs and fees. However, many people forget about the changes in the cost of utilities that comes with buying a home–especially if you’re moving from an apartment where some utilities may have been included.

The seller will be able to give you a good estimate on the cost of electricity, garbage removal, internet, heat, and more.

Why Is a Home Inspection Important?

A home inspection may make or break the property buying journey. If you attend a home inspection and find no major issues with a residence, you may choose to move forward with your house purchase. However, if a home inspection reveals significant problems, you may decide to rework a home purchase agreement or walk away from this agreement altogether.

If you plan to purchase a home, it generally is a good idea to include a home inspection in your property buying strategy. And if you know how to plan for a house inspection, you can use this evaluation to gain the insights you need to make a data-driven decision about a home purchase.

Now, let’s take a look at three tips to help you prepare for a home inspection.

1. Hire an Expert Home Inspector

With an expert home inspector at your side, you can gain comprehensive insights into a house’s overall condition. Then, you can obtain an in-depth inspection report to help you weigh the pros and cons of purchasing a residence.

It is important to conduct an extensive search for the best home inspectors in your area. Search for home inspectors who boast many years of industry experience and come highly recommended from past clients. By doing so, you can find a home inspector who will meet your expectations.

2. Craft a Home Inspection Checklist

It often helps to enter a home inspection with a checklist. If you have a checklist in hand, you should have no trouble conducting a full home evaluation.

You should include all areas of a residence’s interior and exterior in your home inspection checklist. Furthermore, you should include a home’s heating and cooling system, roof and other key parts of a house in your checklist.

3. Consult with a Real Estate Agent

Preparing for a home inspection may prove to be stressful. Thankfully, a real estate agent can help you get ready for a home inspection and ensure you can make the best-possible decision regarding a house purchase.

A real estate agent is a homebuying expert who is happy to help you at all stages of the property buying journey. In the days leading up to a home inspection, a real estate agent can respond to any of your concerns or questions so you can prepare for the evaluation. Next, on the day of the inspection, a real estate agent will attend the evaluation with you. And after the inspection is complete, you and your real estate agent can discuss the assessment results and determine how to proceed.

Ultimately, a real estate agent can help you streamline the home inspection process. He or she may even be able to put you in touch with the top house inspectors in your area, thereby increasing the likelihood that you can identify any major property issues before you finalize a home purchase.

Ready to conduct a home inspection? Use the aforementioned tips, and you can enter a home inspection as an informed property buyer.