Rules of the "House Hunting Game"

So you want to join the game of house hunting, well join the thousands of who want to take advantage of the low interest rates before they start climbing up even higher.

Here are some rules of the game. If you defer from the rules, the game may become difficult and unpleasant. If you stick to the rules you have a more pleasant happy experience buying your new home. 

1. Write down your wants and needs. Create a list of what you can and can't live without. Be able to compromise if you aren't able to find all that you want in a home. Create a possible budget for items you may want to replace or add to your new home to make it more comfortable for you to live in. 
2. Start browsing for your new home online. At least 85% of home buyers start their search online. Find a worthy website, like mine www.alaskanspiritrealty.com to start your home search. The Multiple Listing Service (MLS) website is also available with up-to-date listing information. 
3. Work with a Real Estate Expert. Not all REALTORS® are created equal. Find someone who you feel comfortable with and who will represent you in the biggest purchase you will make in your life. If you're looking for a REALTORS® to represent you, visit my website and see how I represent my clients with their needs in mind.
4. Do your research.  As a right of a buyer, you are entitled to finding out about the new home you are about to purchase. Do your research. Research the neighborhood, crime stats, the schools, talk to the neighbors. REALTORS® are only equipped with statistical and disclosure information that was disclosed via the sellers, so they may not have all the answers to your new home. Research, research, research.
5. Stay aware of any changes in the listings. Not all website are up to date, ask your REALTORS® if any information on the listing has changed such as the price and terms the seller is willing to assist a buyer with. 
6. Be realistic with requests. In today's Seller's Market long gone are the days of asking for a price reduction and thousands of dollars in other seller's assistance. Keep your requests simple if you wish to "Win" the seller's acceptance. The home you may be interested in could be receiving other offers as well so you don't want to loose your chance at buying your dream home with asking too much from the sellers. 

For more great tips on what to expect when buying a home contact me for a free consultation. 

 

Source:  www.realtytimes.com