Dipolog Houseand Lot For Sale

Dipolog house and lot for sale

Buying a property can be a time consuming and stressful experience. You will experience a roller coaster of emotions while finding the right place, securing the loan and finally moving in. For people, the first time home purchase is the largest investment ever considered. The emotions of purchasing something so expensive and personal can often cloud our business judgment.

Unfortunately people looking to purchase a Dipolog house and lot for sale do any or little research before they invest in property so below are a few key points to consider so a not to make common mistakes.

What Can You Afford

You need to sit down with your professional real estate agent and honestly discuss your income level and living expenses. Take into account future considerations, children, add-ons, amenities, and fix-ups. Your dream home is certainly worth a sacrifice but don't mortgage your entire future. Where possible buy with cash as taking a loan gives a false feeling of security and if your income reduces for any reason you will still need to meet the mortgage payments.

Adverts

Adverts are designed to sell houses and highlight the good features whilst hiding the drawbacks that are not mentioned in the ad, such as traffic noise, power lines, or litigation in the community. What's not mentioned in the ad is usually more important than what is. Is a matter of buyer beware. Be very careful when reading ads. Remember that the person writing the ad is representing the seller and not you! The most important thing you can do is have someone on your side looking out for your best interests.

House Hunting

Before house hunting, make a list of things you want in your new house. Then make a list of the things you don't want. You can use this list as a guide to rate each property that you see. The one with the biggest score wins! This helps avoid confusion and keeps things in perspective when you're comparing dozens of homes.

Style and Substance

When house hunting, keep in mind the difference between Style and Substance. Substance are things that cannot be changed such as the location, view, size of lot, noise in the area, school district, and floor plans. Style represents easily changed surface finishes like carpet, wallpaper, colour, and window coverings. Select a house with the best Substance, because you can always change the style to match your tastes.

View a choice of homes

See at least 7-10 properties. Do not just jump at the first property you see look as a selection of properties which suit you lifestyle. With your agent's help you should be able to view enough properties to get a good overall perspective of the home market. When you find the right property all the leg work will be worth it. Check out all costs and expenses before you put in an offer. Utilities, taxes, insurance, maintenance and home owner dues if applicable. Make sure all utilities are in working order during your walk-through. Ask lots of questions and be very detail conscious.

Inspection

Once you have a short list of houses you like its time to get a professional valuer or surveyor to produce an inspection report.Go over the inspection report with a fine tooth comb. For gated communities or condo purchases go over the By-Laws and Association Fees. Don't take anything for granted inspect everything.

Imagine the property empty

Unless you are buying the house contents you need to ignore how the house is furnished because you will be adding your own furniture, check that doors and stairways are wide enough to get your furniture in.

Put in An Offer

All promises and discussions should be in writing. Don't make any assumptions or believe any assurances. Even the best intentions can be misinterpreted. Have your professional keep an ongoing log in writing of all discussions and get the seller's written approval on all agreements.Closing dates are not written in stone. Allow for contingencies and have a back-up plan. If you or the sellers need a little more time to conclude the final arrangements, don't let these delays upset or frustrate you. These types of circumstances are not uncommon in a real estate transaction.

Finally

Visit the property after all furnishings have been moved out to be sure there are no surprises. Be absolutely positive the property was left exactly as you had agreed upon in the contract. Things that could have been spotted in a final walk-through are often unintentionally overlooked. only then pay off the outstanding balance

Dipolog house and lot for sale