Maybe you haven’t thought about which type of loan you will be getting..but here is something to think about. Right now the interest rates are fabulous (in the 4’s), which you and I know that will come to and end. Think about when interest rates go to 8 and above and you plan on moving. ... [Read More]
Maybe you haven’t thought about which type of loan you will be getting..but here is something to think about. Right now the interest rates are fabulous (in the 4’s), which you and I know that will come to and end. Think about when interest rates go to 8 and above and you plan on moving. Your loan (FHA) can be assumed by a qualified buyer at the 4% interest rate. You have just made your home more saleable to the next buyer…it’s something to think about if you plan on moving up or just selling within 5 plus years.
There are many different things going on in the home buying process. One that is often taken for granted is the the decision regarding which features are “must haves” and what are “would likes”. I tell my buyers to be aware of the features of the homes we are looking at and how they feel ... [Read More]
There are many different things going on in the home buying process. One that is often taken for granted is the the decision regarding which features are “must haves” and what are “would likes”. I tell my buyers to be aware of the features of the homes we are looking at and how they feel about them. Even if you don’t like the home you are looking at, you can learn from it.
As buyers look at homes and see what is missing compared to what they want, the importance of those items gradually becomes more apparent to them. Maybe a single car garage could work OK if they got the big back yard. Maybe they could do more fixing than they originally thought if they got a home in a good location.
After many years in the business, I’ve seen lots of buyers choosing to purchase homes that didn’t come close to fulfilling the “want” list they started with. They gradually changed the priority of the features they wanted. Sometimes they were surprised at what they could let go of and what they couldn’t. Learning what is really important to you can be a process and actually walking through homes as opposed to looking a pictures on the internet may be the only way to really find out the answers.
While you are learning what is important to you, your agent will be learning too. A good agent knows they can help you find the right property more efficiently if they really understand what you want. Listening to you as you view homes together is crutial for that to happen. Tell your agent what you like and don’t like and how you feel about the features you want and why. How will you use that fourth bedroom? Home office? Hobby room? Guest space? All three? There may be other solutions to your needs than a separate room. A good agent can help you look outside the box.
Next time you are home shopping, remember…it’s a process.
