When purchasing a home, it can be easy to get caught up in all of the little things going on around you while losing sight of other important aspects. Let’s help to keep your head on straight by going over 6 things homebuyers wish they knew before buying a home in Redlands.
It Pays to Be Picky
Everyone thinks that their home search begins by going through the local listings and discovering what might fit their budget.
A better way of getting the ball rolling is to sit down and think through what you want and need to get out of your new home. Think about your daily routine, common activities, and aesthetic preferences to help create an actual list of what you want your dream home to look like and how it should operate.
This list will help you understand which listings will work out better for you rather than trying to fit your life into a home that isn’t quite what you need.
Lay the Groundwork
Preparing your finances ahead of time will put you in the best position to get approved for a home loan through your chosen mortgage lender when buying a home in Redlands.
Order your annual free credit report from the major credit rating agencies and check each of them for any incorrect information. Go through the official channels to have these inaccuracies remedied as soon as possible.
The last thing you want to happen is a lender turning you down because they did a background check that turned up incorrect info.
Shop Around for Help
Instead of immediately settling on an agent and lender, meet with at least three of each. Take the time to explain to each of them your home’s unique attributes and strengths along with your homebuying goals.
Ask the agents and lenders any questions you may have and gauge their responses to see if it feels like they truly care about helping you out to the best of their ability. If you’re willing to push a little further, ask an agent if they are willing to negotiate their commission.
They may not get this question often, but it’s an entirely realistic question to ask. You may discover that their response leads you to a conclusion of if they are the right agent for you.
Inspections Could Save the Day
Depending on where you live, there could be few – if any – inspection requirements.
Whatever the case, we strongly encourage you to at least do a whole home inspection with a licensed home inspector. The inspection is the perfect opportunity to gain a better understanding of how the different utilities within a homework as well as safety guidelines that could improve the home’s operation.
The inspector will also take a look at the condition of the entire home and advise on any repairs they think could be useful or even critical.
Be Assertive in Negotiations
Once your offer is being mulled over and negotiations are underway, don’t back down and feel you need to grovel in order to have the chance at buying a home in Redlands.
It’s crucial that you are upfront about your intentions in negotiation while trying to leave a bit of wiggle room. Stand firm in your position and fight to come to a middle ground on contingencies, but don’t be so unmoving as to not allow the seller to gain any ground whatsoever.
Have a Plan B
The easiest way to handle the possibility of any real estate deal falling apart is to have a backup plan ready to go at a moment’s notice.
Always try to keep that backup home in mind while pursuing your more desirable options, but don’t be afraid to walk away if things clearly are not going to go your way at all. Remember that you’re purchasing this home for your use, and you should always chase those home buying goals you originally established.
Help When Buying a Home in Redlands
If you’re thinking about buying a home in Redlands but need an experienced partner, contact us today at (951) 232-9704!