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Buying or Selling a Home

“Home Buying Tips ”

The purchase of a home is probably the largest investment that you will make.  The following tips will help you to make the right decision towards many years of positive homeownership experience.

Do your homework.  Knowledge is power.  The Internet has a tremendous amount of information that will assist you with mortgage rates, debt to income calculators, and home buying tips and resources.

Location matters.  Even within a neighborhood location matters.  Are you on the busiest street?  Is there a shopping center outside of your back window?  How close are you to schools? 

It’s not just what’s on the outside.  A house may have gorgeous curb appeal, but you don’t live on the lawn.  No matter how attractive the exterior may be, you need a home that you can “live” in.

Functionality.  How do you really live?  Do you really need a formal dining room and living room?  Would you be happier with an eat-in kitchen and a great room and a den to use as a home office?  The house only needs to fit one family – yours.

Be sure to have the home inspected.   This is not the time for surprises.    Get an inspection from a qualified, respected professional.  

Check out the reputation of the builder.  Talk to your prospective neighbors and see what they have to say.  It is a great way to find out about the builder and meet your neighbors.

Patience is a virtue.  This is one of the biggest investments you’ll ever make.  Being impatient can lead to mistakes.


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The time is now.  Don’t wait for a better market and interest rates. If you can afford a home and you don’t make that purchase, you’ll lose the benefit of tax deductions, building home equity and the appreciation in value.

Know your credit score.  You may need to rebuild your credit history before you start applying for loans.  Credit scores run between 300 and 900 points.  If your credit score is below 670 points, you aren’t likely to qualify for lenders best rates.