Tuesday, January 16, 2018
by The Domis Team
Ready to start the new year in a new home?! 2018 means new considerations for home buyers. Make sure that you are ready before you start your search to have success. Here are 5 tips for home buying success in 2018!
1. Be Smart Online
Being able to search for a new home on your computer is a definite perk. However, you need to be smart about where you search. There are many scam real estate offers out there. Avoid fake listings by using our Search Listings to find your new home!
2. Understand the Tax Code
Do not let the new tax code deter you from buying a new home. Make sure to do your homework, talk to your realtor, and fully understand how the reforms affect you and home buying in the new year.
3. Don't Let Staging Distract You
Home staging is a great benefit. It helps you better understand the space and visualize yourself in the home. However, great staging can distract you from potential issues with the home. Make sure to inspect everything to make sure the home itself is in good shape. If you find issues during your walk through, do not be afraid to ask the buyer for a credit or to make repairs.
4. Look at Fixer Uppers
Remodeling a house is a big project. We all want move in ready homes but with all the competition out there, it could be advantageous to look at diamonds in the rough. Just make sure it is a good deal before making the plunge. Have a contractor walk through the house to give you an estimate. This will help you weigh the costs of buying the property and making renovations versus buying a move in ready home.
5. Get Ready for Competition
Supply throughout the country is low, raising demand among home buyers. Be ready to have to negotiate for the home that you want. Insure that you have secure financing to help you stand out from the crowd. You can also write a letter to the seller expressing your love for the home and why it is a perfect fit for you and your family.
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Reference: realtor.com®