Top 5 Tips for House Hunters
When shopping for a new home, it’s easy to get swept away by a property’s most charming characteristics — and to play down important things you may regret later. Experts say buyers should define their priorities early on and streamline the house-hunting process.
The below five tips can help you stay organized and focused on what matters most during your house hunt.
Location matters. You’ve probably heard the old real estate adage about “location, location, location,” but it still bears repeating. “Location is a key consideration when choosing a home, and there are multiple factors that can affect your decision,” says Gaylene Anders, an associate with the Southlake office of Ebby Halliday Realtors. “Just a few of these include schools, commute times to work, and local amenities such as nearby restaurants, shopping and attractions.”
List your priorities. You’ll save hours of shopping for a home if you list what you need and want in a home ahead of time. Zero in on the features you must have, would like to have, would prefer not to have — and definitely don’t want. “Your goal should be to find the right home without falling in love with one that doesn’t suit your needs,” says Beverly Spillyards, an associate with Ebby’s Southlake office.
Get pre-approved for a mortgage. How much you can pay for a home is a function of your income, creditworthiness, interest rates, the type of loan you select and how much cash you have for the down payment and closing costs. Rather than guessing how much you can afford to spend, ask a mortgage banker to give you a full assessment and a pre-approval letter stating how much you’re qualified to borrow. To get started, contact Home Team Mortgage, Ebby Halliday’s affiliated mortgage company, at 972-355-5649 or email@example.com.
Use a checklist. Touring multiple properties is a confusing experience for most buyers. Rather than trying to rely on your memory, make notes about the homes you visit. Turn your priorities into a personalized home-shopping checklist and use it to track features of each property.
Relax. Buying a home is a major life-altering event, but it’s not worth getting too stressed out. As with all major occasions in life, it’s important to keep the experience in perspective.
“Today’s homebuyers have access to a wealth of information, but what they often don’t have is a way to tailor that information to their needs,” says Carolyn Rosson, sales manager of Ebby’s Southlake office. “That’s where a properly educated real estate professional can save you a great deal of time and money. You’ll breathe easier knowing that you have an agent representing your best interests in what may be the most important decision you’ll ever make.”
The Southlake office of Ebby Halliday Realtors serves Southlake, Westlake, Colleyville, Grapevine, Keller, Roanoke, HEB, Alliance Airport, and all of Tarrant County. For more information on Ebby’s Southlake Office, its associates and listings, call 817-481-5882 or visit southlake.ebby.com.