Wilmington Real Estate - Sea Coast Realty

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3 Tips for a Successful Home Search!

Real Estate, Buying, Home Search, House Hunt, Broker, Home, Property, Purchasing A Home, Home Sales
Posted: April 30, 2018 by Bailey Gordon

Buying a home can be an incredible experience that is motivated by a new career, relocation, family growth or just a desire for change! While there's a lot that goes into purchasing a new home (or your first home) we want to make sure you're properly prepared for a smooth home search! 

Take a look at our Top 3 Tips for Successful House Hunting below!

Set a Budget

     The best way to prepare yourself in your home search is to set up an appointment with a lender. Discussing financing options, setting a budget and building a working relationship with a lender is a great way to not only see what you can afford, but also add to your understanding of important factors such as down payments, interest rates and closing costs.

     Outside of your purchasing budget, don't forget to plan ahead for the costs associated with moving. Budget for any unexpected costs and set aside funds for movers, pet boarding, cleaning, repairs or rentals if you need to rent in the process, etc.

Know What You Want

When you're in the market for a home you should form a running list of characteristics you like and dislike. Once you start your search you can alter this list based on things you may not have thought of or even known you'd like, but definitely begin a list ahead of time.

Compose a separate list of "deal breakers". These items are things that will make or break a sale for you. Letting your Buyer's Specialist know these things ahead of time will help them eliminate properties from your search that don't meet your needs, saving you both time along the way. 

Do Your Homework

Take the time to research and compare locations that you're considering. Weigh out important necessities and amenities and do some homework seeing which location best suits your interests and lifestyle. 

Drive through potential neighborhoods either to get a feel for them or even after you've decided they make the list of areas you are considering. Find out if you have traffic, noise or other neighborhood concerns at various times of the day and note those concerns to discuss with your Broker. 

If you have a family/children spend some time researching school districts, recreational benefits, neighborhood amenities, crime rates and any other areas of interest that may contribute to you liking or disliking a specific area.

Beginning your search with these three proactive steps will set you up for less surprises, more confident choices and a more educated experience throughout the whole transaction!

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