Real estate transactions involve one of the biggest financial investments most people experience in their lifetime. Transactions today usually exceed well over $100,000. Hiring a real estate agent to work with you is an important decision and will make all the difference in the home buying process. It is essential that you find an agent that listens to what is important to you and openly discusses your ideas, options and the reality of the local real estate market.
Contrary to what the term implies, your “dream home” doesn’t appear out of thin air. Finding it requires a careful evaluation of your wants and needs.
You’ll need to think about where you’d like to live as well as what amenities available in a community. You’ll need to know how it impacts your commute to work, the quality of the schools, and the characteristics of the neighborhood. You’ll need to decide how many bedrooms you want and what you’d like to view outside your windows.
In addition, there are also financial considerations to assess. It is important to determine how much home you can afford so a realistic price range can be established. Real estate can be a good investment vehicle to that can protect you against inflation. Home ownership can also be a great tax shelter. Mortgage interest and property taxes are fully deductible, which can lower your income taxes.
It’s important to take the time to consider all of the angles when you are contemplating purchasing a new home.
Today’s real estate market is increasingly complicated and fast-paced, with more to consider than ever before. Fortunately, you won’t have to navigate through this challenging process alone.
Our realtors have many resources to find properties on the market that fit your criteria. Your agent will sort through the many options and present you with a list of properties to consider. As you tour properties, your agent will point out both positive and negative features. Don't hesitate to speak openly about what you like and what you don't like. You may find yourself amending your "wish list" as you tour different properties, some things will become more important and others less important. With this new information, your agent can refine search criteria to narrow in on the property that best fits what you are looking for.
With our extensive knowledge of the local market, your realtor will know when the market in a particular neighborhood is "hot" and requires immediate action or when the market is "cool" and allows for thoughtful consideration. And they will help you know when the asking price has negotiating room and when the house is "priced to sell".