House Hunting Tips
Location Counts - You've probably heard the old real estate joke about "location, location, location," but the point still bears repeating. Location is crucial.
Make a list - Do you (and your spouse, if you're married) really know what you need and want in your home? You'll save yourself many hours of shopping (and potentially arguing) if you make a list ahead of time.
Do your homework - Today, pertinent real estate information and more is available on the Web. Go surfing. Get educated. Become empowered.
Get preapproved for a mortgage - Rather than guessing or estimating how much you can afford to spend, ask a lender or mortgage broker to give you a full assessment and a letter stating how much you're qualified to borrow. The true amount may be much more or much less than you think.
Use a checklist - Make notes about the homes you visit. Turn your priorities into a personalized home-shopping checklist and use it track the features of each home.
Wear comfortable clothing and sturdy shoes - House-hunting can be tiring, especially if you're relocating to a distant community and want to see a dozen homes in one day.
Be prepared to make an offer - House-hunting involves research and important decisions. If you are ready, go through a blank purchase contract ahead of time so you'll know what decisions you'll face when you make an offer.
Relax - Granted, buying a home is a major life-altering event. But it's not worth making yourself insanely crazy or super-duper stressed. Save time at the end of your house-hunting expedition to unwind, calm your thoughts and emotions and keep the whole experience in perspective.
Article provided by Fidelity National Title Company.
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