You want to buy a home now, but you don’t want to do a bunch of research or see home after home. You need a place fast and you don’t want to sacrifice quality or square footage quantity either. Well, here at Sam Benson Realty, we have the top 5 tips to help you quickly buy a home around the greater Walnut Creek area.
#1. You will never figure out the market’s timing, so look for what you can afford and what you love. The market is a bit bipolar meaning that anticipating the housing market sometimes is nothing better than a guess. When you can afford a home, buy one. The housing market will always goes up and always will go down and then it will go back up again. Don’t miss a good deal because you’re trying to predict the market.
#2. Buy a little over the square footage you need, not a lot. There’s an old adage in real estate that says don’t buy the biggest, best house on the block. The largest house only appeals to a very small audience and you never want to limit potential buyers when you go to re-sell.
#3. Don’t buy from an emotional state. There’s a big difference between your emotions and your instincts. Going with your instincts means that you recognize that you’re getting a great house for a good value. Pretty houses may be easy on the eyes, but they can represent poor financial decisions. You shouldn’t ever buy a home either to confirm your societal status. Buy what you can afford and what presents long term value- you can always paint an ugly house.
#4. Hire a home inspector. It’ll cost about $200 but could end up saving you thousands. A home inspector’s sole responsibility is to provide you with information so that you can make a decision as to whether or not to buy. It’s really the only way to get an unbiased third-party opinion.
#5. Drive the neighborhood at all times of the day on a Thursday, a Saturday and on a Monday. These days will reflect what the neighborhood is about at certain hours and times. You may find somethings about the neighborhood don’t really appeal to you. Plus, these test trives afford you the opportunity to do your regular commute from the house to make sure it is something you can deal with on a daily basis.