House Hunting Tips to Help You Stay Objective and Find The Right One

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.

House Hunting: Getting Started

First things first, you need to figure out why you’re buying and your goals. You also need to make a list of must-haves, like to have and don’t want.

What to Consider/Look For When House Hunting

Comparing Prices with Similar Homes

Look at the appraised value and compare that to the list price. Making this comparison can give you an idea of neighborhood trends.

The Price Per Square Foot

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, Location, Location

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.

See As Many Homes As You Can

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.

Look at Property History

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.

Check Out The Upgrades

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.

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