What is the largest purchase you're going to make in your life? It is your home in most cases.
It is not easy to get through this sort of investment and know what you're going to get without preparation. Too many home buyers think they have a good gauge of what the market has to offer and that's untrue.
Here are some of the most pertinent questions you can end up asking to make the process simpler for you now and in the future. If you're not asking these questions, you're not doing your research.
Look into these questions and make sure you are paying attention to the answers that are being given. When you start doing this, you're going to come out of the process looking like a million bucks, and that is paramount.
1) What Is My Financial Situation Like?
This is always the first question you should be asking, and it should start the process before you look at houses.
If you don't have a grasp of your finances, you won't get the property that is best for you. This is where people end up with houses that are over budget and don't fit their needs.
Be vigilant and make sure you have control over where the money is coming from, such as a pre-approved mortgage. It will help a lot in the long-term.
2) What Is The Housing Market Going To Look Like?
The housing market is just as important as the house itself. You want to know what the value is going to be like based on current projections. Will those projections end up being right? No, but you still need to have control over this process at all times.
It's a must when you want to feel assured about what you're getting.
3) What's Wrong With The House?
This is one of those questions people don't ask when they are getting older homes.
You want to know the issues and getting an inspector to help out is always the recommended step. It will save you a lot of money or prepare you mentally for what's ahead.
4) Is The Neighborhood Safe?
For those who are going to be living in the home, you have to realize the house is not the only thing you have to think about. Instead, you also have to take a look at the neighborhood to see what it encompasses.
If the schools aren't good or you're far away from all the key attractions in town, how are you going to enjoy your time there? It will become boring, and that's never a good option.
If you are not doing this, you are not going to enjoy the results at all. Too many people are not ready to ask enough questions, and they pay a high price in the long-term. Don't be one of those people as it will come back to haunt you.
Make sure you are asking the necessary questions when buying a new home. Feel free to reach out to me with any questions you have about the home buying process, that is what I am here for.
Your Realtor, Kerryann Pray
Keller Williams NWRE LLC