5 Ways to make Home Buying Easier By John Biondolillo, BCK Real Estate Company Vermont
February 21, 2011 Leave a comment
By John Biondolillo, BCK Real Estate Vermont
Buying a home can be difficult enough knowing everything there is to know about the process. However, there are some things that can help a home buying experience flow a little better.
First, getting pre-approved for a home loan is extremely helpful. It lets the buyer know exactly what price range they have to work with, and prevents them from wasting time looking at homes out of this range. Also, knowingly looking at a home out of a buyers price range, in hopes to talk down the cost to an affordable one is not the best of ideas, and often just creates false hope.
Second, always work with a buyer broker. A buyer often does not have to pay any money out of pocket to consult a broker, and there is really no reason to go about home buying on your own. A broker can inform a buyer about the home, the sales history of the surrounding neighborhood, the demographics, and may prevent a buyer from wasting money on the wrong home.
Third, when purchasing a home, you are also buying into the neighborhood surrounding it. It is important to get familiar with the neighborhood and town/city before making an offer on a house. What is the crime rate? How do the neighbors like living in the area?
Forth, buyers must make sure to protect themselves. Hire an attorney, make sure the contract carries the right contingencies, and buy enough homeowner’s insurance. As the value of a buyer’s home increases, so should the insurance on it.
Fifth, buyer’s expectations of a home should be kept reasonable. If investing in an older home, there are likely to be older problems, and more of them. Know going into the deal that all homes, even new, are at least on step away from perfection.
BCK Real Estate now has Vermont Realtors in six real estate offices in Vermont and if you are looking to buy or sell a home in Barre, Montpelier, Northfield, Waterbury, Rochester and Stowe, Vermont. We are your source for Vermont Real Estate. Email us at info@BCKrealestate.com. This blog is provided for informational purposes and not intended to take the place of a licensed real estate professional.
You can also contact our individual offices:
BCK Barre VT 86 North Main Street Barre, VT 05641 (802)479-3366
BCK Montpelier 15 State Street Montpelier, VT 05602 (802)229-4242
BCK Northfield 17 East Street Northfield, VT 05663 (802)485-7400
BCK Waterbury 21 North Main Street Waterbury, VT 05676 (802)241-2000
BCK Rochester 42 North Main Street Rochester, VT 05767 (802)767-9900
Stowe Realty/ BCK Real Estate - 254 Mountain Road, Stowe, VT 05672 (802) 253-8484
