House hunting can be super stressful, challenging, confusing, and frustrating, especially if you’re a first-time homebuyer. There are so many factors to consider and the general vibe of a home.
When house hunting, you often see a cheaper home in a nice area, and you get excited that you’re getting a good deal. However, rather than just looking at the list price, look at the price per square foot.
Location really does matter in real estate. Even if you plan to live in your home forever, a good location, or a desirable one, is what helps your home retain value, gain value, and contribute nicely to your net worth.
The more you see, the more you realize what you want and what works for you.Attending open houses is a great way to get a sense of what’s available in your city.
There are often issues with buyers getting clearance on a loan, and sometimes sellers change their minds. You can ask the appropriate questions by checking out the property history and arming yourself with that information.
Some older homes will claim to have upgrades, and all this money spent. They’ll use that reason to jack up the resale price. Go back into the property history and look at the original listing photos.