Top 10 Tips For Home Buyers

The purchase of a home is one of the biggest decisions you will likely make in a lifetime. Whether this is your first time buying a house or you have experience in the purchase of a home, these tips may come in handy as you navigate the real estate market. Your trusted team of real estate agents in Eldon, MO want to help you through the home buying process. Devine & Associates have provided some tips for home buyers of all experience levels.

Tip #1: Don’t Worry About Market Timing

Trying to anticipate the housing market is a hard task. Timing exactly when the market is going to offer the best conditions for you to buy a house can lead you to miss out on a great home. The best time to make a purchase of a house, is when you are ready.

Tip #2: Keep Emotions in Check

When looking at different homes, you may start to get attached to a house. Try to keep your emotions out of the home buying process, that way you do not end up paying more than a home is actually worth. Sometimes a potential homebuyer will fall in love with a home and actually not realize some of the flaws until they have already make the purchase.

Tip #3: Hire an Inspector

A professional inspector can offer an unbiased opinion about the condition of the home. Ensure a house is structurally sound and all major systems are working properly, to help ease the worry of buying a home, and help avoid being in a disastrous situation.

Tip #4: Get Pre-Approved

A pre-approval shows that you are financially able to purchase a home up to a certain dollar amount. Once you find a home you love, a pre-approval can help make the process flow quicker, in order to put in an offer.

Tip #5: Hire a Professional Agent

A real estate agent has access to a database full of homes, which they can narrow down according to your wants and needs. They will also be able to have access to a number of homes for showings, when you are searching for a home.

Tip #6: Do a Drive By

Try to drive by a property in which you are considering, before making an offer. You may not be able to see the layout of the land and get an idea of the neighborhood from the images on the listing alone. This can also give you an idea of the neighbors and the sound level in the area.

Tip #7: Think About the Future

When you are looking to purchase, it may be hard to picture selling the home, but it is important to think about resale down the road. You want to make a good investment in a property, and selling is part of the big picture.

Tip #8: Avoid Major Purchase

A mortgage company will be looking into your financial situation when you are purchasing a house, you want to show that you are responsible with money. A major purchase, like appliances or a vehicle, can hinder your financial situation, when buying a house.

Tip #9: Master the Art of Bidding

Bidding is a touchy subject when it comes to purchasing a home. You want to get the best deal possible, but do not want to offend the owners. An agent can help you narrow down a great opening offer based on the current market conditions.

Tip #10: Evaluate Budget

Take into account other expenses that go along with owning a home, when you are creating a budget for your mortgage payment. Electric, cable, home maintenance, and waste removal are all bills to be considered in your monthly budget.

Contact Devine & Associates to Start!

If you are in the market to purchase a home near Eldon, MO, the tips listed above can help make it a success. Your expert real estate agents at the Lake of the Ozarks are here to help you in the home buying process. If you are interested in starting your home search, give us a call at (573) 392-9900 today!

Where Your Best Interests and Our Best Efforts Meet!

(573) 392-9900
203 E. 10th St., Eldon, MO 65026

(573) 207-8407
213 N. Main St., Laurie, MO 65037
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