A home warranty is a good thing to have. When you buy a new house, whether from a previous owner or the builder, ask for the warranty. Builders should be willing to warranty their home products for a certain time period. Owners ought to be willing to provide a year’s warranty on the home to support you in making any necessary repairs.
As part of an offer on a prospective property, you can always request that the seller pay a portion of your closing costs or make another type of financial concession. One common incentive is to request that the seller “buy down” your loan’s interest rate for the first one to two years. When you ask for help with upfront expenses, the seller is not as willing to negotiate on the price of the home.
When considering the purchase of a new home, it’s very important that you look at the long-term and not just the short-term. If you are planning on having kids, make sure that you purchase a home that has a good school nearby.
You should hire a reputable Realtor when you are ready to purchase real estate property. You can research agents online, as well as look up their standing with the well respected Better Business Bureau. You can also ask family, co-workers, or friends for recommendations.
Set aside a fund for unexpected expenses linked to the new property. The closing costs can usually be calculated by adding the real estate taxes, points and down payment together. Very often, closing costs also include some items that pertain to the area in which you are buying, such as improvement bonds, school taxes, and so on.
Keep these tips in mind and you’ll have a big advantage as you look for properties. These tips are to help you get the most money out of your property investment. Always remember to make your purchases with full confidence.
For help with Summerland Key Real Estate contact Abby Oglesbee