Getting a house is not that easy. As we all know, it consumes a lot of time, effort and energy. To some, it can be their worst nightmare. Most often than not, it may take more than a month or two just to get your ideal property. It can be much longer if you are not really familiar on how to get a house. Some are giving up already because of too much stress and frustration.
First, you need to check for a property on a MLS or Multiple Listing Service sites or various portal. Once you get have a property that you are interested in, it is best that you are pre-approved by your bank, or if you will pay using cash, get a proof of funds from your bank. it is best to get a real estate agent as well, someone who is expert in real estate industry to transact on your behalf. Usually, they will be the one to coordinate with the seller or seller’s agent. A lot of negotiation will take place. Sometimes, the seller or seller’s agent will get reject your offer. It is your agent’s responsibility to make a counter-offer to make sure you’ll get the offer.
For you to be successful, there are following steps that you need to do in order to be successful in acquiring the property. These steps will guide you to make sure that you will be in a win-win situation.
Bid smartly. You need to coordinate with your agent for prices of comparable homes in the area that have recently sold. You can use it as a basis for your initial offer. It is better to start a bit lower than those figures.
Make clear demands. Be firm when you want something extra like furniture, curtains or anything that you want to be included aside from the house.
Use the date as negotiating point. If you don’t have to move by certain date be flexible on when you move into your new home. You might be able to get other concessions from the sellers.
Ask the seller to buy a home warranty. It is better to request it to a seller, in that way, you don’t have to worry to cover extra cost of any major repairs for one year.
If you do the following steps above, for sure you’ll be able to find a house in a short period of time. You will save a lot of time especially if you hire an agent. Don’t dwell too much if you need to shell out money for your real estate agent because you will save yourself from a lot of trouble. Imagine if you talk directly to the agent of the seller, and he uses jargon words that only real estate agents are aware of, you might end up on the losing end. Let a real estate agent do the stuff for you. A lot of paperwork and legwork are needed to complete the transaction. Happy home buying!