Skip to main content

WHAT SHOULD YOU LOOK OUT FOR WHEN BUYING A HOUSE?

Searching for a new home in your area? Brace yourself to think about key areas and matters, paying heed to which is of extreme importance. Buying a home is a paramount real estate investment. As a buyer you should be curious to know each and every detail. You should not settle for something that has the ability to bring losses in the future. The investments you make while buying a brand new home should far-outweigh your return or benefit thereon. Precise home inspection is a must call.

So while considering buying a home, keep in mind the below mentioned points in order to strike the right chord:
  • Location: The location of the house is of prime concern. You must prefer an area which is close to your work place, so that not much time is wasted in commuting. If it is a bit away then you can ride a bus or a car. Location affects the resale value of your home, so you need to choose wisely .
  • Watch your finances:After you decide to buy, you need to consolidate your finances. You need to plan the amount of down payment that you will be making. Remember higher the down payment, lower is your EMI. You need to assess the amount of loan you are eligible for. Take a precise look at your credit report as well.
  • Thorough inspection:You need to satisfy yourself completely before locking the house of your choice. Look closely at each and every intricate detail connected with the outlook of your house. You should know what exactly you are getting. This helps in avoiding the after-purchase hassle.
  • Legitimate lender: Do not act as a property expert if you are a novice in buying a house. Leave this task in the hands of professionals for efficient results. Expert and reputable agents will help you find a house that fits your requirements. Also, he can bargain on your behalf and have preliminary talk with the owners.
To make house buying a hassle free venture, get in touch with us at Southern Utah Realty. We are claimed as professional real estate agents who will assist you greatly in your house hunting spree. We shall provide you with unstinted cooperation to get you a property that fits your need. You can give us a call at 435-229-8297. We would be looking forward to hear from you soon.

Comments

Post a Comment

Popular posts from this blog

Glossary for home buyers and sellers

As a novice, you will come across various terms in the real estate industry, which you are not very well acquainted with. These situations sometimes create problems for home buyers and sellers because these can lead to various troubles like that of miscommunication, wrong interpretation etc. Below mentioned are certain common terms used in the real estate market. Go through this glossary in order to avoid problems from occurring when house buying or selling through an agency: Agent : An agent is a person who is also know as the broker. He/she is responsible for representing you as buyers and sellers. Appointment : It is that time when your agent will take you for property visits and other meetings for the benefit of your home buying and selling project. Back on the market or BOM : This term is used when a property which was previously removed from the list is placed back for sale purposes. Back up agent : This agent will help you with your project when your actual agent is u
1 comment
Read more

Tips for profitable rental real estate investments

Renting a property for either commercial or residential use can be great money making business. Rental properties usually have become lifetime source of income for owners who offer their properties for rent to people who don’t have their home or can’t afford to buy own. Today most of individuals multiplies their money by earning through own business or job and side by side gaining through rental business. But unfortunately, in most of cases people fail to earn expected sum of money which they have imagined while buying the property for rental use. There can be several reasons behind this that may include lack of proper planning or not analyzing the estate thoroughly. To make lucrative gains in rental real estate investments consider following few points: ·         Check the locality: Make sure when you search a real estate for rental use, the location must be residential. There should be easy availability of every specific need of an individual.   School, college, shopping
Post a Comment
Read more

Real Estate Investing Tips for Starters

Are you a novice planning to make real estate investment? If the answer resounds yes, then you should consider significant areas before locking on a particular property. Although the real estate market has plenty of opportunities for making big gains but it is a bit more complicated than investing in stocks and bonds. One wrong move and you end up losing your hard earned money. Let us have a detailed look at some of the beginners’ basics which you should know from the get-go of your investment careers. Location Location of the property is a chief parameter. It determines the rental amount you shall receive from your tenants. Look at the proximity to transportation, universities and colleges, major business centers and local restaurants. Remember, the more central the location, the greater is the demand. Property taxes These costs tend to increase your budget. Make a proper assessment of the taxes and the market value to determine if they are high and find out the reasons thereon.
1 comment
Read more