Your Realtor may be able to provide you with a checklist. Get a home buyers checklist from your real estate agent to keep track of all the tasks you need to complete when purchasing a home. A checklist will keep you organized and allow you to measure your progress. Prior to moving your family and your stuff into your new home, make sure your homeowners’ insurance is squared away. If a tornado or earthquake strikes before you’re even moved in, you’ll be glad your homeowners insurance covers the damage. If you procrastinate about getting insurance, however, you might find yourself in a financial bind because you can’t afford to pay for the damages to your new home or to your furniture.
Now is the perfect time to purchase a home. As a result of the housing market downturn, banks are lending at super low rates. Today, it is possible to attain a 4% interest rate on your mortgage loan. If you are in a position to purchase real estate, now is the time to act! One of the most effective ways to get a good deal in real estate is to spend time learning the tricks of the trade. An agent is just a guide. You will have to make the really tough choices on your own. These tips have made it easier for you to decide with confidence.
Before you begin searching for a new home, get a copy of your credit report. Get a copy of the report and check it very carefully, report any discrepancies that are there. Having good credit will make it much easier to get a mortgage with favorable terms. Just like any other product, your home should have a warranty. Get a warranty from the builder if the home is new, or from the last owner if the house is not. The builder should stand by his or her work for a minimum amount of time. When purchasing a previously owned home, be sure to get a warranty for a year.