Buyer Information Choosing your real estate Washington, NC or Greenville, NC Real Estate Agent is an important decision. We think the more you check out the competition the more you will see benefits of dealing with Coldwell Coastal Rivers Realty for all your Washington and Greenville area property needs.
However, no matter who you ultimately choose to work with there are some basics you will want to know and keep in mind through the real estate buying process.
Before you shop: Be a smart buyer. Learn the financing basics. Get familiar with the types of loans there are and which fit you best. There are a lot options and we can help you connect with a loan specialist if you are not already working with one.
Getting pre-approved is just smart. This takes very little time and it allows you to zero in our homes in your price range.
Decide what it is you want in a home. When you are shopping, take into account the amount of repairs you are willing to do, the commute you are willing to have, outside space required for your family, etc. This also helps your agent to assist you.
Keep your debt load under control. When you are in the home purchasing process avoid making expensive purchases or taking on too much new debt. Pay off any debt you can.Your total monthly house costs should not exceed 28 percent of your gross monthly income.
Be prepared to act quickly. Depending on the home and the area, particularly in the Washington, NC area, you never know how quickly a home will come on to the market and long it will be before there is an offer or even multiple offers. Be prepared to act quickly and make decisions fast. Again, the more you know your limits and what you are looking for, the better off you will be when it comes to making the decision.
Make sure you have an easy access to your agent. Communication is important. Make sure they know how to get a hold of you quickly and visa versa.
Before you buy: Submit an offer that you are willing to live with. Make your offer as strong as you can but not over you budget. It comes down to knowing what you want and knowing what you are willing to spend. This will help you when you are making a quick decision to keep your from spending over your head.
Put up a respectable amount of earnest money. Earnest money is exactly what it sounds like. It means you are earnest and committed to buying this home. Some offers are rejected just because the earnest money make the offer look less than serious.
Keep the contingencies to things that really matter. The more contingencies the more likely the seller would go with the offer that has the fewest strings attached.
Have the home inspected. Washington and Greenville, NC home inspectors are experts at what they do and can spot things that an average home buyer wouldn't see and may end up saving you a great deal of money in unforeseen repairs.
Check zoning and covenants. The last thing you want is to buy your dream home and then find out you can't have a dog, or there is a supper plaza being built across the street. Do a little home work here.
Get it in writing. Never assume the agent, buyer and seller are all in agreement on anything verbal. Make sure any expectations are in writing and signed by both parties.