Buying a Home
Reasons to Buy a Home - Before You Buy a Home - Look at Eight Reasons to Buy a Home:
- Pride of Ownership
- Appreciation
- Mortgage Interest Deductions
- Property Tax Deductions
- Capital Gain Exclusion
- Preferential Tax Treatment
- Morgage Reduction Builds Equity
- Equity Loans
- Location: Suburbs / Country or Urban, Busy Streets or Cul de sac
- Type of Home: Single Family, Condos, Townhomes, Cooperatives ...
- Number of Stories: Single Story, More than One Story, Split Levels
- Interior Specifications: Number of Bedrooms, Number of Bathrooms, Square Footage, Bonus Rooms
- Garages: Attached or Detached
- School districts
- Special amenities such as fireplaces, pools or spas
- Condition of plumbing, electrical, heating & cooling units
- Available utilities such as cable or DSL, satellite
- Sewer, cesspool or septic connections
- Fixers
Steps to buying a home - The homebuying process can seem complicated, but if you take things step-by-step, you will soon be holding the keys to your own home!
- Figure out how much you can afford
- Know your rights
- Shop for a loan
- Learn about homebuying programs
- Shop for a home
- Make an offer
- Get a home inspection
- Shop for homeowners insurance
- Sign papers
- Education & Experience
- Agents are Buffers
- Neighborhood Knowledge
- Price Guidance
- Market Conditions Information
- Professional Networking
- Negotiation Skills & Confidentiality
- Handling Volumes of Paperwork
- Answer Questions After Closing
- Develop Relationships for Future Business