Relocation Information Here
No one wants to contract a case of buyer's remorse... that feeling that you've either paid too much or way received too little. In most cases, there is no recourse for the buyer to receive fix this once the contract has been signed. If no one wants to catch a case of buyer's remorse, why are there so many people out there who suffer from it? The answer is simple; most of these people are engaged in a transaction but armed with too little information.
TIPS FOR BUYERS
The purchase of a home is a tremendous investment, both financially and emotionally. The best way to avoid regretting a new home purchase is to be informed and prepared! The purpose of this page is to in provide you with some tips that will help your transaction progress smoothly and result in you being a happy homeowner. Remember, if you have any questions, get help! I am always just a phone call or email away.
Your home is likely to represent one of the largest investments in your life. In order to make sure that the transaction goes smoothly it is of vital importance that you choose the right agent to represent your interests. The right agent must be familiar and knowledgeable about the area you plan to move into and your agent must be someone whose experience and personality makes you feel comfortable.
GET PRE-APPROVED
Do you already know how much home you can afford? There is nothing more frustrating than looking for a home, finding the perfect home, and then discovering that it is out of your price range. Speak with a lender to learn about the different financing options available to you. When you find the right lender get the paperwork processed so that you will be ready to buy when you find the right home.
AVOID MAJOR PURCHASES
In order to determine the amount of home you can afford a lender uses your debt-to-income ratio. This ratio is the percentage of your pre-tax income that you spend on debt. Your debt ratio will include: monthly housing costs, car payments, credit cards, student loans, and any other installment debt. If you take on more debt right before buying a home it is going to have an impact on the amount of the loan that the lender will finance.
CHECK OUT WHAT'S ON THE MARKET NOW
In order to make an educated decision you need to know what is available and how much it is selling for.
· You can browse all the active listings from my website or we can create a free personalized website where you can see homes for sale, pictures, and all the details.
· Also, whenever you see a house for sale (any house!), you can call (719) 576-8888 for more information. It doesn't have to be a house with my sign in the front yard - it works on any home for sale; as long as it is listed in the Pikes Peak MLS!
ASK QUESTIONS
No one knows the home better than the seller of the property; however it is not always in the seller's best interest to disclose all the information. If you find out the seller's motivation for selling you might be able to negotiate a better deal on the home. Try to find out the last time service was performed on the roof, furnace, and water heating. Asking the right questions now can end up saving you a lot of money in the long run.
GET INSPECTED
The last thing you want to discover after you have bought a home is that you have purchased a "money pit". By "money pit" I am referring to a home that is full of defects that are going to end up costing you a lot of money. Save yourself a lot of time in future litigation and renovation by bringing in a licensed home inspector before you buy. If any problems are found it will steer you away from a bad decision or help you negotiate a better price.
No one wants to contract a case of buyer's remorse... that feeling that you've either paid too much or way received too little. In most cases, there is no recourse for the buyer to receive fix this once the contract has been signed. If no one wants to catch a case of buyer's remorse, why are there so many people out there who suffer from it? The answer is simple; most of these people are engaged in a transaction but armed with too little information.
TIPS FOR BUYERS
The purchase of a home is a tremendous investment, both financially and emotionally. The best way to avoid regretting a new home purchase is to be informed and prepared! The purpose of this page is to in provide you with some tips that will help your transaction progress smoothly and result in you being a happy homeowner. Remember, if you have any questions, get help! I am always just a phone call or email away.
Your home is likely to represent one of the largest investments in your life. In order to make sure that the transaction goes smoothly it is of vital importance that you choose the right agent to represent your interests. The right agent must be familiar and knowledgeable about the area you plan to move into and your agent must be someone whose experience and personality makes you feel comfortable.
GET PRE-APPROVED
Do you already know how much home you can afford? There is nothing more frustrating than looking for a home, finding the perfect home, and then discovering that it is out of your price range. Speak with a lender to learn about the different financing options available to you. When you find the right lender get the paperwork processed so that you will be ready to buy when you find the right home.
AVOID MAJOR PURCHASES
In order to determine the amount of home you can afford a lender uses your debt-to-income ratio. This ratio is the percentage of your pre-tax income that you spend on debt. Your debt ratio will include: monthly housing costs, car payments, credit cards, student loans, and any other installment debt. If you take on more debt right before buying a home it is going to have an impact on the amount of the loan that the lender will finance.
CHECK OUT WHAT'S ON THE MARKET NOW
In order to make an educated decision you need to know what is available and how much it is selling for.
· You can browse all the active listings from my website or we can create a free personalized website where you can see homes for sale, pictures, and all the details.
· Also, whenever you see a house for sale (any house!), you can call (719) 576-8888 for more information. It doesn't have to be a house with my sign in the front yard - it works on any home for sale; as long as it is listed in the Pikes Peak MLS!
ASK QUESTIONS
No one knows the home better than the seller of the property; however it is not always in the seller's best interest to disclose all the information. If you find out the seller's motivation for selling you might be able to negotiate a better deal on the home. Try to find out the last time service was performed on the roof, furnace, and water heating. Asking the right questions now can end up saving you a lot of money in the long run.
GET INSPECTED
The last thing you want to discover after you have bought a home is that you have purchased a "money pit". By "money pit" I am referring to a home that is full of defects that are going to end up costing you a lot of money. Save yourself a lot of time in future litigation and renovation by bringing in a licensed home inspector before you buy. If any problems are found it will steer you away from a bad decision or help you negotiate a better price.
