21 Surprising Tips You Need to Know Before Buying a House
Your first (or even fifth) house purchase is a huge decision. It seems like there are a million things you need to know before buying a house.
From figuring out how much you can afford to hiring the right home inspector, there is a lot to keep in mind. Read on for the
top 21 tips for new home buyers.
Home inspectors come into the property and take a deep look at everything — the landscaping, wiring, appliances — plumbing, and the roof — before you sign the contract.
Hire a Home Inspector
Keep the Hidden Costs in Mind
Remember to consider things like moving expenses, furnishings, closing costs, insurance, taxes, HOAs and any other hidden expenses.
While you want to make your offer as competitive as possible, keep in mind it’s customary to charge a daily pro-rated portion of your PITI payment.
Renting Back Isn’t Always at Market Rate
Subscribe to a few real estate blogs before buying your first house as you would discover ideas like to save money sooner or even pay off the mortgage early.
Be a Stay at Home Landlord
Educating yourself before jumping into a big purchase will help you make a better decision, and be more confident in the outcome.
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