6 important things you should know when buying a house?
If you are thinking of buying a dream home, these points will surely help you.
- Buy a home you can easily afford. A lot of people buy homes at the high grade, and they can’t afford that and that’s a huge mistake for most.
- Get an amazing real estate agent, and follow him/her around with a clipboard asking questions and writing down every little problem. Use it for barging, and later as a personal checklist of things to take care of.
- Be sure to get a “fixed” interest rate with your real estate agent …and have great credit. No matter what happens in the real estate market, you’ll be grateful.
- Know your real estate market. Go to other real estate sites and see what houses have sold for in your area, before making a decision. Know how competitive the market is, and how long do homes stay on the market?
- Have enough money down with you that you will not be paying PMI (mortgage insurance) …this can be hundreds or more than that a month that doesn’t even go toward your balance. Your payment will be far lower per month. Read more……….
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