Monday, September 27, 2010

Smart buyer in 5 easy steps

Owning a home is a big responsibility. So as you can imagine, there are a lot of factors to consider when it comes to making the decision to buy. Here are some of the questions you will need to answer along the way.
 
Unique northwest Visalia home listed at $435,000
Rent vs. buy
If you are coming from a rental it makes sense to do a rent versus buy analysis. Taking a look at the cost of upkeep compared to the tax savings is one thing. You also have to consider some of the intangible benefits, such as having a space of your own.

Real Estate professional
Selecting your real estate professional is an important decision. This is the person who will be guiding you through a complex process. You need to know that their experience and expertise will serve your best interests.

Need versus want
Your real estate agent can help you complete a needs analysis that will help narrow down the kind of home would be best for you. By writing down your wants and needs,  along with your goals and a timeline will help you focus on the right types of properties for you..

Get pre-approved
Take the guesswork out of what you can and can't afford to buy. By getting pre-approved for a home loan, you will be able to focus on the best home in your price range.

What's on the market
There are hidden gems in every community. Keep an open mind about your house hunt. There's potential around every corner, and your agent will help you find it because he or she is talking with other agents all the time.

For more information and pictures of the home shown above, click here. Call Ruben Olguin (559) 280-9384, or Vincent Ingrao (559) 799-9165.

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