At this point, you and your realtor will begin to visit properties. Your realtor will schedule and confirm all appointments, maximizing the use of your time and energy.
Bring a notepad to record observations and questions about different properties, as seeing multiple homes can overload your senses and make you forget important distinctions, details and questions.
Your Dream Town realtor will make sure you tour enough homes to compare similar properties and cross-reference them with your needs and wish list. They will also help you be selective enough so you aren’t overwhelmed with too many visits. You will eliminate some homes quickly, some will show promise, and others will capture your attention immediately.
Feel confident when you make an offer. Make it contingent upon at least three approvals: mortgage approval, legal approval from your attorney, and a home inspection with a professional inspector. You can add more contingencies, such as an architect’s visit, but the more demands you add to your offer, the less likely it is to be accepted.
Gather as much information as possible about the property, such as the square footage, property taxes, average monthly utility bills, ages of appliances, and major mechanical systems. Take a close look at the furnace, air conditioning, electrical box, and wiring. Check the roof, gutters, and exterior finish. If the floor plan doesn’t suit you, see if remodeling and/or an addition to the house is feasible. Find out how long the sellers have lived there and why they are selling. Sellers and their realtor are required by law to warn buyers of material defects in a property that may not be apparent during a routine inspection. If no information of this type is offered, be sure to ask. Jot down anything you think might be an expense to you after you’ve bought the house, as this will affect the price you offer. When looking at older houses with the intention of remodeling or expanding, arrange for an architect or contractor to accompany you on a visit.