Key Points from My Buyer's Guide
Know that there’s no “right” time to buy.
If you find the perfect home now, don’t risk losing it because you’re trying to guess where the housing market and interest rates are going. Those factors usually don’t change fast enough to make a difference in an individual home’s price.
Remember your home doesn’t exist in a vacuum.
Don’t forget about factors outside a home’s physical attributes including noise level, amenities, and what’s in the neighborhood. These factors may be equally as important to your happiness as the inside of your home – and many of these can’t be as easily changed as a wall color.
Accept that no home is ever perfect.
If it’s in the right location, the apartment might be a bit smaller than you had hoped. The kitchen may be perfect, but there is no laundry in unit. However, these are things that can be renovated in the long term.
Don’t wait until you’ve found a home to get approved for a mortgage, look for an attorney, or consider a moving schedule. Being prepared will make your bid more attractive to sellers.
Don’t try to be a killer negotiator.
Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or refusing to budge may cost you the home you love. Finding a “win:win” for both sides is the sweet spot.
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