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Thursday, March 20, 2014

What not to do before looking at house this weekend.



It finally looks like the weather is going to cooperate!  Warmer temperatures and no rain will have everyone outside this weekend and those of you starting the home buying search will inevitably end up at an open house or two.  Here are a few tips.

Don’t make any big purchases!  Are you really thinking you may be buying a house this year?  Now is not the time to buy a new car, furniture or anything else that is not a cash purchase.  It can affect your credit score and potentially hurt your ability to get a mortgage.

Don’t talk too much!  You are going to walk into the front door of the open house and be greeted (accosted, drooled on, grabbed) by the agent hosting the open.  Keep this in mind, its important; they don’t represent you.   Do be polite, social (most Realtors are human) and yes sign their register and no, you are not Fred Flintstone, Joe Smith, etc.  Believe or not, we have seen that once or twice before.  Specifically, you don’t want to talk about how much you love the house, you just won the Mega Ball,  your Auntie died and left you money……..

For Sale by Owner?  You walk in the door you absolutely love it!  It’s perfect! You are writing them a check to give them a deposit to hold it for you; NOooooooooooooooo STOP!  You want a certified third party to hold that escrow check, not the seller.  You would also NOT buy a for sale by owner without a Realtor or an attorney representing you and not Uncle Joe, esq. the patent attorney.  You would want one that practices in the residential real estate field.

Bring your parents with you?  Save yourself the headache and take them to brunch instead.  You’ll thank me later.  My wife’s parents liked our first home.  My parents; my mother cried and my father said I was a jack-ass if we bought that house.  Wisely, I brought them through after the ink was dry, hee-haw and yes, we still live there today.  Unless your parents have bought or sold a house in the last couple of years, their advice will be based upon their last real estate experience, which will not match what is happening in today’s market.


Most importantly, have fun.  Take notes about what you like.  You should be thinking about what are three most important features you must have.  Do you like the area?  How far will it take you to get to work.

Need help finding the opens to look at, no problem; just download our mobile app
http://app.kw.com/KW2I1YOVO

Not into the mobile apps,  just click on the locations below and it will take you to what is open this weekend.


 

Don’t see your area?  Just click our main link and search our home page.  As always, we are available to “just talk” about how you go about buying a house.  Just call, email or text me!
 

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