I have a little over 2 months left on my apartment lease, and been looking at houses to purchase. What are some important information i need to know in these process?
2007-02-17 05:24:14 · 5 answers · asked by source 1 in Business & Finance ➔ Renting & Real Estate
Get a real estate agent. Alot of people will say they are just out to get a buck, and i'm sure that there are some out there as with any job. Find someone with alot of referals. http://www.Agentopolis.com/
You can find an agent in your area and read referals make sure they will work best for you. Ask for a fair market analysis so you can see what homes are going for in that area so you can see if it is actually an investment. Make sure you are aware of local taxes, and get to know the general area. You don't want to lose money in the long run. Good Luck
2007-02-17 05:55:33 · answer #1 · answered by ○•○•Cassie•○•○ 6 · 1⤊ 0⤋
Determine the area you'd like to live in based on available amenities, transportation, commute time, etc.
Determine what type of house will serve your needs. How many bedrooms, bathrooms. Do you need a backyard, view, etc.
What kind of flooring do you prefer? Do you need a fireplace?
After you make these determinations you must come up with the maximum you are willing to pay for what you want.
Use websites such as bankrate.com, zillow.com to aid you in your quest.
You may use a real estate agent to help you in your search but beware some of them are only out to make a buck and may not have your interest at heart.
Visit lots of available properties in and slightly above your price range so as to get a feel for what you should get for your money.
After you find a place have a professional inspector check out the premises to make sure what you see is what you get. There may be hidden damage or damage about to occur which a professional should be able to find.
2007-02-17 13:46:33 · answer #2 · answered by Akasanoma 4 · 1⤊ 0⤋
While my first instinct is to tell you to get an agent, I must admit that as an agent, that's somewhat self-serving. I do suggest you visit www.realtor.com. You will find everything you need regarding buying a house, financing, locating and agent and more. It's an impartial place to learn the process and to find an experienced agent. We have courses on our web site that teach the ins and outs and lead you to realtor.com.
2007-02-21 11:28:21 · answer #3 · answered by Jay S 3 · 0⤊ 0⤋
Only spend what you know you can afford, do not buy based on what a Bank tells you that you can afford.
Sit down and make a realistic budget for yourself. Then find yourself a good Realtor to help you with finding and negotiating a home that fits you.
Good luck,
RE agent,
Remax
2007-02-17 15:01:54 · answer #4 · answered by frankie b 5 · 0⤊ 0⤋
You may get an idea from
http://homeloans.atspace.com
2007-02-18 01:11:12 · answer #5 · answered by Roxxy N 1 · 0⤊ 0⤋