Learning how to buy a house can be challenging. But if you have a good agent as a guide, they'll competently educate you on the intricacies of how to buy a home for your family. A good agent can virtually ...
Have you ever watched a ballroom dance contest? The dancing partners make it look incredibly easy. Right? Well, it's the same with how to buy real estate. But instead of dance steps, it's home buying steps. An experienced and knowledgeable agent will make buying houses easy too.
If you're more inclined to buy a home privately, the steps will be the same, just without a personal guide. Obviously, it can be done, but be sure to make fully informed decisions. Spend some time exploring this website to learn more about various topics related to the subject of how to buy a house, such as negotiating an offer and bidding wars.
Obviously, the more experience your agent possesses, the more dependable their advice. But even a newer agent, if they're smart, will seek correct answers from their broker/manager or senior agent before answering your question. They'll admit they don't know, make an inquiry and provide the correct answer to your question.
At an initial consultation - on the phone, by video chat or in person - an agent will determine how much you can afford. They'll ask about available cash for a down payment and closing costs, combined gross income, outstanding loan balances, regular monthly payments and credit history.
Your agent will clarify the style of home that will meet your wants, needs and tastes, and where it's to be located. You may have a discussion on buying verses leasing and what expenses to expect during the process, so there will be no surprises.
They may explain real estate terms typically used throughout the process.
As part of your education on how to buy homes, an explanation for what actually occurs behind the scenes during the home search may form part of their client service. And of course, physically searching for and finding your dream home has several home buying steps for which you'll receive guidance along the way. But most importantly, your agent will ...
If you've chosen your agent wisely, trust them and ...
... have fun! The Canadian Real Estate Association (CREA) has an excellent guide on buying houses. Wherever you happen to reside, have a peek at their website.
If you're interested in a more definitive guide on how to buy a house, whether privately or with the guidance of a qualified realty agent, check out Ross' book The Happy Agent. It's full of tips and techniques developed during his successful 4 decade realty career.
Learn how to search the market, evaluate property
and negotiate an offer to purchase a home, including city, suburban and
rural. A small investment of your time could conceivably save you thousands of dollars and a ton of
stress, and help
you trade in real estate like a pro. Remember - knowledge is power.
Available virtually everywhere print and e-books are sold.