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Finding your dream home

By Justin Hunter

There is a lot of available information concerning the real estate industry. Mortgage and real estate agents articles are plastered all over the Internet. But everyone assumes that it is easy to find the home. In fact, finding the actual home you plan on living in for a large portion of your life is usually more time consuming and stressful than the actual mortgage and buying process combined.

There are so many factors you have to consider before even picking the town you plan on living in. Considering that you are going to pay hundreds of thousands of dollars over 30 years, finding the right home should not be taken lightly.

Steven Gillman’s article, “How To Find A House” posted in ezinearticles.com provides helpful tips and suggestions to ensure you are happy with you new home.

“How do you find a house? Let's assume that you have already chosen the town in which you will be buying a home. Should you go online and start looking? Should you call a real estate agent first? Look in the papers?”

While you will or should end up doing all of these things eventually, determining what to do first is important.

The first thing you should probably do is look in real estate guides, newspapers and online real estate listings for the area you are interested in. This is just to give you a prospective idea of where (what neighborhood) you would like to live.

Next, you should take some time to determine what is most important to you in a house. “Start with minimum requirements you need to be happy in the home. You can upgrade expectations later in the process if your budget allows for it, and your real estate agent will be pushing you to buy more home in any case. Write down what you are looking for, the price limit, and make a copy for the real estate agent.”

That brings us to a very critical step; finding a good real estate agent. If you do not have any friends or family with referrals, the best thing you can do to find an ethical and successful agent is to ask a lot of questions. You can also look in real estate publications and find an agent that is associated with the type of properties that interest you.

Now you want to make sure your real estate agent sets up six or seven homes to view and tour, not just an open house. It will be most beneficial to have the owner there to ask more personal questions your agent will not have the answer to. The specific homes should be based on your criteria, not your agent’s.

“When you arrive in town for the showings, first drive by all the homes you will be shown (if this is practical). Often you can eliminate several of them without wasting time going inside. Let the agent know you won't need to see those houses. If you live in the town you are buying a house in, do this step before the agent sets up the listings.”

Take your time. Be prepared to walk through over a dozen homes before you find the right one. And most of all, listen to your own personal judgment.

“Remember that unless your agent is specifically a buyer's agent, he works for the seller. Anything you say may be used against you. Once you choose a home to make an offer on, his job as a seller's agent is to try to get you to pay as much as possible, and to pass on any information he obtains from you to the seller. Good negotiating skills on your part come into play at this point.”
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