5 Tips for Buying a Home
Looking to buy a home?
Here are five tips from The Estancia Group for making the process as smooth as possible.
Get your finances in order.
Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix any problems you find. Next, find a suitable lender and get pre-approved for a loan. This will put you in a better position to make a serious offer when you do find the right house. Contact Michael Lazovsky with Windermere Homes & Estates in Palm Desert to help you find a lender, call Michael at 760-899-2629.
Find a house you can afford.
There are a number of tools and calculators online that can help you understand how your income, debt, and expenses affect what you can afford. Don’t forget, that there are lots of considerations beyond the sticker price, including property taxes, energy costs, etc.
Hire a professional.
While the Internet gives buyers unprecedented access to home listings and resources, many aspects of the buying process require a level of expertise you can’t pick up from surfing the web. That’s why you’re better off using a professional agent. With years of experience and knowledge in real estate & the advertising industry, our team of Windermere agents know how to match buyers & sellers quickly.
When you are ready to buy or sell, contact Michael Lazovsky with Windermere Homes & Estates in Palm Desert.
Do your homework.
Before making a bid, do some research to determine the state of the market at large. Is it more favorable for sellers or buyers? Next, look at sales trends of similar homes in the area or neighborhood. Look at prices for the last few months. Michael and his team will help you come up with an asking price that’s competitive, but also realistic.
Think long term.
You shouldn’t buy unless you’re sure you’ll be staying put for at least a few years. Beyond that, you should buy in a neighborhood with good schools. Whether you have children or not, this will have an impact on your new home’s resale value down the line. When it comes to the house itself, you should hire your own home inspector, who can point out potential problems that could require costly repairs in the future.
Michael Lazovsky, Realtor®
Windermere Homes & Estates
The Estancia Group
CalBRE# 02014404 | CalBRE: 01935781