Over the past several years first-time property buying had been a hassle for the buyers as they are new and simply do have any idea about the market or values therein. Additionally, it was hard to find the desired aka perfect home, because they did not know the techniques nor tricks of the trade to buy a property. Now with the help of the property consultants like Dr. Barry Lotz from Palm Springs and its surrounding desert cities , it has become so much easier to buy a house at a reasonable price. Buying your first and desired home is exciting, but also challenging at the same time, especially as you will be tapping into and invest most of your savings.
If you are a first-time home buyer follow the following tips to help ease the process.
Remember, a home is a commodity so make a business decision first to protect your investment. Most definitely don’t get to attached or devoted to a house too early in the process that you stop inspecting the building and overlook its problems.
Enter into a purchase contract that has a contingency clause such as an inspection time period of at least 10 -14 days after acceptance of the contract.You should not put off buying as you can always debate on the faults or prices with the agents while under contingency.This also gives you time to step back and evaluate your proposed acquisition. Use a national title company such as Stewart, Chicago or Lawyer's to be the escrow agent.
Visit the property various times of the day. See what's happening at different times of the day. You should ask various people such as neighbors as to their opinion of the property. The streets can be unoccupied at early hours but it can be too noisy in the evening when you might want to rest after a busy day.
Stroll around to see the local society, closest shops, bookstalls, transport, cafes which always matters.
Before buying a house make sure you have a reputable home inspector . He needs to check interiors, exteriors and roofs have him check the drainage system, how the roads react drainage wise after the roads get flooded or after a heavy rainfall. If you find any problems ensure your agents to put in a Request for Repairs in writing.
You as a buyer need to be always very practical and alert while buying a property as the owners, brokers, agents might try to hide the problems. ALWAYS get a signed Disclosure Form from the owner and the agents of anything that may affect your decision to purchase or what problems exist.
But to avoid all these problems and idiosyncrasies, you should get in touch with a highly recommended real estate consultant such as Dr. Barry Lotz, as they are aware of the market situations and acting as your Buyer's Agent, can save you money and aggravation.