| |
| |
|
|
Real Estate |
|
How To Create A House Buying Wish List For Your Dream Home
Buying a house is one of the most exciting things you will ever do. But there are LOTS of little details involved - details which can be very costly if they are overlooked. Unfortunately, I made all 10 of these mistakes when buying my first house. Even though I thought I was very prepared. But with so much going on, I still missed them...and cost myself THOUSANDS of dollars! Which is why I created www.HouseBuying-Tips.com. Now, you can learn ahead of time how to save yourself lots of money. So, here is the first mistake you should avoid when buying your next house: #1: Know EXACTLY what you want before you start house hunting, AND put it in writing! Owning your own home is a great feeling. It's the American dream. And it's one of the biggest purchases you will ever make! So the more time you spend preparing, the easier your life will be. One of the most important things you can do to get ready to buy your first house is to decide EXACTLY what you want - and write it down on paper. Sounds simple. But over the next few months you'll see that the house buying process is one of the most intense, stressful, busy - and exciting - times of your life. So, BEFORE you start looking for a new house, it's a good idea to have a very clear picture of the type of house you want. It's certainly helpful to have a picture in your mind. But as you get further into the process, you'll find it helpful to have a list you can refer to (especially when the "files" in your mind start getting overloaded!) Of course, once you start looking at houses, your list can change: ...you'll find things you never thought of So don't be afraid to make changes. When writing your list, think of all the qualities you want in a house...and in a neighborhood...and in a town (or city). Include EVERYTHING you think is important. While this won't guarantee that you will get everything you want, it will help you be able to prioritize what you think is most important. Here are some of the items you should include on your list:
(NOTE: If you are buying your house with someone else, make sure you ask your spouse, partner, or significant other what they think is important as well. If at all possible, try to combine your list so you can work together.) Once your list is ready, put the items on your list in order of importance, so when you have a million other little details in your mind, you can look at your list and not have to rely on your memory. So, do yourself a favor and find a quiet place, take a few moments to write out your list, put it in order of importance, and save yourself a bunch of stress! Kris Bickell is the owner of HouseBuying-Tips.com, a site that helps first time home buyers avoid the costly mistakes that many new homebuyers make. For tips on buying a house, getting a mortgage, finding a realtor, and getting out of debt, visit: http://www.HouseBuying-Tips.com, or sign up for the free "How To Avoid These 10 Costly Mistakes When Buying Your First Home" email course at: http://www.HouseBuying-Tips.com/course.html © 2005 HouseBuying-Tips.com
MORE RESOURCES:
Real-Estate - Google News |
|
|
|
RELATED ARTICLES
Invest In Real Estate - But Where? Where should you invest in real estate? If you know an area well, and have enough experience investing in real estate, you can make money almost anywhere. However, there are always places that are better or worse for real estate investments - places that have a better demand/supply ratio. What Should I Do If My Home Isnt Selling? Suppose you've been trying to sell your home for months. You haven't had even a nibble from a prospective buyer. Burn, Baby, Burn! Luxury homes are lots of fun to inspect. Sure, the pay is better too, but mostly it's just fun to see how the other half lives! I also get to meet those people who have reached such a level of financial success that they are buying a home that seems like it could have been a boarding school!One of the fun aspects of inspecting large and expensive homes is seeing furnishing and interior design work at the highest level. Real Estate Wealth Protection Through Short Sales Is a sharp correction in store for the real estate market?Fannie Mae, the largest buyer of mortgages in the US, is worried. They recently warned that the probability of a housing bust has risen sharply in certain parts of the country. How to Decrease the Value of Your Own House Owning a house is part of the American Dream. Depending on where you live in the US - home ownership can be around 70%. Residential Income Property Financing: Part 2 of 3 Welcome to the second segment of a three-part series about income property. In this second segment we will be discussing financing options for residential income properties as well as the upside (and downside) of owning this type of property. Investing in Residential Real Estate: Achieving Positive Cash Flow When investing in real estate, it is highly desirable to achieve positive cash flow on a month-to-month basis. This is true even if you are counting on property value appreciation to supply the bulk of your desired return on investment. Basic Real Estate Valuation Given the current interest (dare I say hysteria) associated with investing in dirt and buildings, I thought it might be interesting for our readers to have a quick, dirty manual on real estate valuation. My perspective comes from years in the industry as well as some time learning at the knee of some of the better real estate minds in academia. What Does It Take To Be A Donald Trump in Real Estate? Since you are a business oriented person, you might be thinking: "oh, great, here it comes another fad that sounds to good to be true and I don't have time for this now." Well, the fact is, like gravity you do not have to believe in Feng Shui for it to work. Home Selling: How To Set The Right Asking Price Many homes remain unsold for a long time because they're over-priced. Pricing your home right is essential if you want to sell your home in quick time. Purchase Online Tenancy Agreements Buy an on-line Tenancy Agreement now. As a landlord and also as a tenant it is important that there is a comprehensive tenancy agreement in place to protect both parties. How to Buy Your Own Home Buying Your First HomeBuying Your Own Home isn't nearly as complicated as some folks make it out to be. Your first step should probably be to contact a Mortgage Broker (check out the on-line Mortgage Companies on my Site -- they're a great way to quickly find out how much you qualify for, and they often have better rates than the standard Banks. Real Estate: Choose a Realtor You Can Trust Today's volatile real estate market involves complex laws and fluctuating financial conditions. Maybe you've outgrown your first home; maybe you're in the process of turning over your fourth. Real Estate Appraisal - Rental Properties Real estate appraisal for rental properties isn't the same as for single family homes. If you were looking at a 24-unit building, it would be difficult to find similar ones nearby that have recently sold. Buying and Selling Real Estate: Negotiating to Win-Win You don't get what you deserve - you get what you negotiate for.If you've spent some time on homekeys. Are You Trying to Hit a Home Run With Your Prospects Without Asking Them on a Date? Real Estate email marketingDo you remember the old School girl/boy game of "Around the World", or "Around the Bases"? If you got a kiss you got to First Base. A french Kiss was Second Base. Real Estate Investors - Red Alert How's the real estate marketing doing? Is the huge jump in home prices that is evident in some areas symptoms of a value bubble? Good questions, yes?Two things to keep in mind when surveying the market:1. All real estate is local, 2. Regarding Real Estate On Leased Land 1.Why are there so many properties on leased land?There are several situations here. The Benefits of Fractional Ownership in Private Residence Clubs A New Way to Own a Vacation Home - For the Select Few: Fractional ownership of vacation homes, also called private residence clubs, is a relatively new concept that allows you to enjoy four to 12 weeks of home ownership privileges per year at an upscale, luxury resort but at a fraction of the cost of whole ownership.If you want to own an impressive second home complete with personalized services and located in an expensive resort area but can't quite justify the expense because you'll only be using it a few weeks or months of the year, this type of real estate arrangement may appeal to you. Rapid City Real Estate Agents Take me Back to the Black HillsLocated in Western South Dakota, Rapid City is a thriving community with many amenities to offers its residents. This city is nestled among the beautiful Black Hills, offering endless recreational activities for the outdoor enthusiast in the Black Hills National Forest.
|
||||||||||||||