The home buying market is still going strong with homes selling quickly in many markets and mortgage interest rates at an all-time low. Before you settle on renting for another year or remaining in your home that you are quickly growing out of, be sure to consider the services that a real estate agent can help you with during your search for the right home. Here are some recommendations for you to get the most out of your real estate agent-assisted home search.
Work Timely With the Market
When you are searching for a home, you will usually have a good idea of what you want in a home. And often the minute you walk into the right home you know soon enough that it has the right feeling you want and the interior and amenities that you are looking for. With this in mind, you really don't want to take too much time deciding whether or not you should make an offer to purchase the home, especially when the market is a buyer's market and you are competing with many other home shoppers. In a hot market like that, you want to get with your real estate agent to evaluate the home listing so you can proceed forward with putting an offer on the home.
You will need to evaluate the neighborhood and recent sales to establish a good offer price. You won't want to offer too much or too little and be at risk of losing the home to another buyer. Your real estate agent should act quickly to gather this information for you and get an offer put together. You may choose to do this with your real estate agent sitting in your vehicle outside of the home you just viewed.
Put in a strong offer to purchase the home, and be aware if there are any other offers pending on the home. The seller may be looking for your best and highest offer, which may not only focus on the price but can include the contract inclusions or conditions in which you need to sell your own home first.
Arrange For a Home Inspection
Once you get a home purchase contract for the home of your dreams, you will need to get your due diligence tasks scheduled for the process. Your real estate agent will be able to recommend a good home inspection agent who can go through your home purchase choice to look for any underlying problems. Although you have already walked through the home, there can be problems that are not visible to you or your agent.
A professional home inspector is trained to evaluate systems and components in a home to discover any damage, wear and tear, or issues in the home's structure or construction. They will inspect the furnace and AC unit along with checking the roof for leaks or moisture damage. If the home has a septic system, look to have this inspected as well so you understand its condition before you buy the home.
For more information, contact a real estate agency, such as Justin Bemis Real Estate | RE/MAX Fine Properties.