BOSTON, Nov. 19, 2012 /PRNewswire-iReach/ -- As we look forward to a new year, a new administration in the White House and more economic turnaround, it may be time to think again about finding that "dream home" for yourself and your family.
Most first-time home buyers welcome a helping hand (or two) to find and buy their first piece of real estate. With that in mind, I'd like to share my Top 5 List of "Tips to Find Your Dream Home."
1.Getting Help = Good. Getting Free Help = Great!
Before you go any further with your house-hunting efforts hire a Buyer's Agent. A buyer's agent is a well-trained, licensed real estate sales agent whose sole mission is to advise you on the best path to take when deciding which community and/or home is right for you. Since buyer's agency in Massachusetts is a free service … this bears repeating … buyer agency is FREE in Massachusetts, there's no reason not to work with a Buyer's Agent.
2.Walk the Walk Before You Talk the Talk
This tip's a pretty simple one to overlook: get to know the neighborhood you're considering before you see any homes on the block. Do a drive-by in the afternoon. Walk around in the evening. Check out the local shops and restaurants. Talk to the neighbors. The time you spend checking out the neighborhood will pay off for you when you do find "the" house to go see.
3.Don't Time the Market
When's a good time to buy a house? Easy answer that: When you want to. Too many home buyers waste time waiting for better interest rates or for home prices to hit bottom. While springtime has historically been the peak of the home-buying season, the truth is that homeowners sell all throughout the year. Right now interest rates are lower-than-low; there's less traffic at Open Houses (read = less competition); and sellers are eager to negotiate. Think "Buy Buy" now now.
4.Spot Your Favorite Room
If you're a homebody, you're bound to hang out in one special spot in your current home. Maybe it's in your home office. Perhaps it's next to the picture window in the living room. Kitchen anyone? There's always a spot or two in your home that you spend the most time just doing nada. So it's all the more important to try to visualize where that new favorite spot might be in the homes you go look at. Visualize how you'll use the house in order to ensure that you'll actually enjoy the house.
5.Measure Twice, Cut Once
This do-it-yourselfer's adage applies to home-buying as well. As a Realtor, I always advise my clients to see the homes they like on the first pass at least one more time. Some of my clients insist that they're sure they've found the home they want to buy on the first look. In order to ensure their happiness, I simply suggest meeting at the home to sign the contract. Nine times of out 10 my clients take another look since we're at the home anyway. I believe in following your gut when finding your dream home but there's something to be said about impulse control. Don't rush to judgment when making the biggest purchase in your life.
When it's all said and done, the idea of buying a home should turn out to be a pleasant, even fun experience. Working with the right Realtor (and wearing comfortable shoes!) ensures that you'll be a happy and well-informed home buyer. (http://www.gohomewithmichael.wordpress.com/)
Michael A. Pallares, Realtor, ABR
Coldwell Banker Residential Brokerage
713 Centre Street
Jamaica Plain (Boston), MA 02130
To learn the smart way to buy a new home in the Greater Boston, MA, area, sign up for my complimentary "Home Buying 101" In-Home Tutorial. For more details, email me at Michael.Pallares@nemoves.com.
Media Contact: Michael Pallares Coldwell Banker Residential Brokerage, 617-899-3162, Michael.Pallares@nemoves.com
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SOURCE Coldwell Banker Residential Brokerage