Imagine… your personal Buyers Agent working for you for free. In Texas, the Sellers usually pay all commissions. Your personal Buyers Agent will help you locate, explore, and make offers on homes. We are highly skilled in assisting you in all areas when purchasing real estate.
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Avoid The Most Common Buyer Errors
Be sure not to pay too much for your home!
Whether you are buying your first home, or your fifth, the process of buying a home is a detailed, time-consuming venture and we will provide you with a market analysis so that you can review the actual sale data.
Bidding without sufficient information
What price do you offer a seller? Is the seller’s asking price too high? Is it a deal? Without research on the market and comparable homes, you could lose thousands of dollars. Before you make that offer, be sure you have researched the market. A professional realtor, can offer an unbiased opinion on the value of a home, based on market conditions, condition of the home and neighborhood. Without knowledge of the market, your offer could be too much. Or worse, you could miss out on a great buying opportunity.
Buying a mis-matched home
What do you need and want in a home? Sounds simple. Yet, clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small. Perhaps they didn’t consider the drive to work, the distance to school, or the many repair jobs waiting for completion. Plan ahead. Use your needs list as a guideline for every home you view.
Before you sign any document, be sure the property you are considering is free of all encumbrances. As part of their services, a realtor can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements.
Before the purchase is completed, an updated survey is essential. This report will indicate boundaries and structural changes (additions to the house, a new swimming pool, neighbor’s new fence which is extending a boundary line, etc.).
For $300 – $500 a professional inspector will conduct a thorough inspection of the home. This way, you’ll have an idea of the cost of future repairs. Make the final contract subject to a favourable report.
Home_Buyers_Guide is a helpful resource just for buyers, download yours today.
Before you start looking
Talk to a lender before you start to look at houses. If you receive a pre‐qualification letter from your lender it shows the agent that you are a serious buyer and ready to purchase.
Pick a qualified Realtor to help you find a home. Don’t jump agent to agent just because their name is on the sign outside the house you like. Choose a few agents interview them and choose the one you feel most comfortable with.
Don’t forget to calculate all the costs in buying a home. Try to stay at the lower end of your budget because there could be hidden fees or costs involved.
Once you start to look
ASK questions! There are never enough questions.
Do research on the area of town you want to live in, how far from work, family, shopping etc
Keep an open mind about each house you look at. Know the difference between cosmetic and structural issues.
Choose a great floor plan over great curb appeal. You spend more time inside than out.
Consider features that will function for your family and choose a home that meets those needs.
Look past the interior decorating or cosmetic improvements. Chances are the décor is going with the seller.
Look at the actual structure of the house.
Make a list of you needs and wants. Once you have your list go over it again and decide what is most important to you and your lifestyle. Decide which ones are musts and which ones you can live without, so you are able to narrow down you search. In choosing a home you need to consider whether you want new or pre‐owned home. Pre‐owned homes usually have mature landscaping, and an established neighborhood. They also may require more upkeep or maintenance. New homes may require less maintenance but you will most likely have to put in some landscaping and endure nearby construction.
Before you buy
Hire a licensed inspector to evaluate your chosen homes condition. Be an informed buyer.