How To Save Thousands When You Buy a New Home
If you’re like most homebuyers, you have two
primary considerations in mind when you start looking for a home. First, you want to find
a home that perfectly meets your needs and desires, and secondly, you want to purchase
this home for the lowest possible price.
When you analyze those successful homebuyers who
have been able to purchase the home they want for thousands of dollars below a seller’s asking price, some common denominators emerge.
There are three key factors that must come into play long before you ever submit an offer.
THESE STEPS WILL HELP YOU SAVE THOUSANDS WHEN YOU
BUY A HOME
1. Make sure you know what you want. As
simple as this sounds, many homebuyers don't have a firm idea in their heads before they
go out searching for a home. In fact, when you go shopping for a place to live, there are
actually two homes competing for your attention: the one that meets your needs, and the
one that fulfills your desires. Obviously, your goal is to find one home that does both.
But in the real world, this situation doesn't always occur.
When you're looking at homes, you'll find
that you fall in love with one or another home for entirely different reasons. Is it
better to buy the 4-bedroom home with room for your family to grow, or the one with the
big eat-in kitchen that romances you with thoughts of big weekend family brunches? What's
more important: a big backyard, or proximity to your child's school? Far too often people
buy a home for the wrong reasons, and then regret their decision when the home doesn't
meet their needs.
2. Don't shop with stars in your eyes:
satisfy your needs first. If you're lucky, you'll find a home that does this and also
fulfills your desires. The important thing is to understand the difference before you get
caught up in the excitement of looking.
3. Find out if your agent offers a
"House-hunting Service". This takes the guesswork out of finding just the right
home that matches your needs. This type of program will cross-match your criteria with ALL
available homes on the market and supply you with printed information on an on-going
basis. A program like this helps homeowners take off their rose-colored glasses and
affordably move into the home of their dreams.
To help you develop your home buying strategy, use
this form:
What do I absolutely NEED in my next home:
1. ______________________________
2. ______________________________
3. ______________________________
4. ______________________________
5. ______________________________
What would I absolutely LOVE in my next
home:
1. _______________________________
2. _______________________________
3. _______________________________
4. _______________________________
5. _______________________________
Buy a New Home For
Less Today!
Interest rates on
conventional loans have dropped in the last few years. If you’ve considered buying
now or in the near future, the time is NOW! Interest rates are still close to an all-time
40 year low. You can’t afford to miss out on such an opportunity! Literally, with the
low interest rates, you can SAVE thousands of dollars over the course of the loan.
You
say you don’t have the money to make a down payment on a home loan, call me at
452-1234 and ask me about "No Money Down" loans.
Or...
You
recently declared bankruptcy. Don't worry. You’ll be surprised to find out that there
are several “non-conventional” loan programs available to get you into a new
house for almost nothing. ...Now you can own your own home! |
