Congratulations!! You've picked out a home, seen all the goods, negotiated a contract, and now you're in escrow to buy a home you've fall in love with. So what's next?
The home inspection!
A home inspection is usually completed by the buyer within 10-14 days after the home officially goes under contract. As the buyer, you're responsible for paying for the home inspection as part of your "due diligence." Simply put, you're making sure the home is safe and secure beyond what you can see. A home inspector is someone you choose, although your agent likely has some glowing recommendations for you to work with if you don't have recommendations from friends or family.
Home inspectors look at things like major systems in the home: plumbing, roofing, HVAC, major appliances, electrical, foundation, and insulation. An inspection report can be daunting if you don't know what you're looking for, so let's walk through some of the majors, quickly!
✔️ Electrical - A home inspector will check to make sure outlets are grounded, GFCI protected in wet areas, and updated to a newer breaker panel (no knob and tube wiring.
✔️ Roof - Although a home inspector is not a professional roofer, he/she can give you a good indication of whether there's excessive wear and tear that will need to be addressed sooner than later.
✔️ Plumbing - A home inspector will check for major leaks under the sink, near/around the hot water heater, and usually even runs the dishwasher and bathtub to make sure all are in working order.
✔️ Foundation - Again, a home inspector is not an engineer nor do any of them claim to be, but they are trained to detect signs of foundation shift and retrofitting on mobile homes. If you see something pop up on your home inspection regarding cracks, don't freak out. Often times it's a subtle shift that's very common in Louisiana. Your agent can help you navigate this smoothly.
✔️ HVAC - For all loan types, the HVAC must be in good working order. A home inspector will check to make sure temperature splits are within normal range and the HVAC is functioning as it should. He/she may recommend a good cleaning of the exterior unit, may tell you it's near the end of its life cycle, or otherwise.
✔️ Other - this includes things like broken windows, low insulation, appliances, doors that don't close properly, windows that won't open, etc.
There are a few things to keep in mind: A home inspection is for your safety, first and foremost. They make sure there are no overt fire hazards or major issues that could cause you to go bankrupt within 6 months of moving into your shiny new home. An inspection is a also a negotiating tool. Once the inspection report is back, your agent will help you sort through the things are of concern and things that are not. Chipped paint and squeaky doors are not issues to be addressed during a home inspection, but an 18 year old roof with major hail damage could be. Finally, a home inspection can make or break a deal. If negotiations on a home inspection don't end favorably and you're still within your inspection period, it is possible for the buyer (you) to walk away from the deal without penalty. Keep in mind that if you've negotiated a home service warranty into your contract, you've bought yourself some coverage for future repairs!
Although a home inspection is not required, we highly HIGHLY recommend getting one in every single transaction. If you need helping finding a licensed and reputable home inspector to help you in your next purchase, let us know! We help you navigate every moment of the home buying process so you can feel confident that you've made a sound decision!
Let's go look for a new home!
Being prepared for a natural disaster
is critically important to have in place BEFORE bad weather strikes.
Louisiana has only a few weather-related issues to deal with, but they're nothing to shake a stick at. Most prominent in northwest Louisiana is flooding. The southern part of the state has to worry about hurricane season while we typically deal with the after effects of these storms - high winds and rain.
NWLA tends to flood quickly, often due to dry conditions leaving the ground unable to absorb water quickly. The runoff fills our local lakes and rivers quickly, resulting in damaging floods.
So what's the best way to prepare for flooding?
1. The most obvious is to make sure that you have flood insurance. If you're purchasing or have purchased a home in a flood zone, your mortgage lender would have required you to obtain flood insurance as part of your mortgage. If you're not sure about the flood zone status of your home, check on the LSU Ag Center flood maps! Pop your address in on their website or asks us to check for you.
2. Heavy rains quite often come with high winds, so make sure your trees are trimmed regularly and stay healthy to minimize risk of damage from falling limbs.
3. Check early to see where sandbags are available and border up early! Ask friends who are likely safe from flooding to help - your neighbors are probably busy sandbagging their own homes.
4. Have an evacuation plan in place. Whether it's taking off to stay with someone on higher ground, or leaving the area, have money set aside for travel and other resources saved up. Make sure you know ahead of time.
5. Stay charged. Flooding often comes with a fair amount of power outages. You'll want to minimize your screen time or grab some backup batteries for emergency use. You can get them fairly cheap on Amazon or at local stores.
6. Don't forget to prepare your animals, as well! Make sure their cages/carriers are available and that you have plenty of food and supplies to get them through a week or so. If you've got larger animals like horses or cattle, have a plan in place to move them to higher pastures.
When in doubt, call a member of our team. We stay up to date on resources to help our clients. We do more than sell homes, we care!
Isn’t it so annoying
when you call a Real Estate Agent and ask to see a home you’ve seen online and the first thing they ask you is, “Have you been pre-approved with a mortgage lender?”
It turns out, there are several reasons why pre-approval is so important.
Let’s break it down in digestible pieces. Selfishly, the first reason is for the benefit of your Realtor®. To many it seems that we spend our days driving around, showing beautiful homes to anyone who asks. This couldn’t be further from the truth. We actually run our business much like any other professional with loads of time in the office, doing research and mountains of paperwork, creating and executing marketing strategies, and doing everything we can think of to educate our buyers and sellers in the most efficient way. Getting a pre-approval letter from a lender lets us know that we’re spending our precious time with ready, willing and ABLE home buyers.
There’s nothing wrong with wanting to look at homes out of pure curiosity, but that’s what open houses are for. Check FaceBook, Zillow, or Craigslist for upcoming open houses that you can go walk through. Snag some free treats, decorating ideas, see what homes are like in different neighborhoods, and chat up the agent on duty - trust me, most of us LIKE to talk! However, if you’re serious about buying, do us a quick favor and spend 5 minutes with a mortgage lender so we know you’re good to go.
The second reason is for you, the buyer. I can’t imagine anything more frustrating that seeing a home that you’re absolutely in love with, you’re ready to make an offer, and then a lender tells you you need to be looking in a range about $30,000 less. Unless you’re looking at homes in the $1.5m range, asking $30,000 less on a home just to match your budget is not likely to go in your favor. How amazing would it feel to walk into the home of your dreams knowing without a doubt that you can afford to buy it? That’s genuinely our aim for you.
The third reason is for the seller. You may be wondering why you should be concerned about what the seller thinks, but let’s be logical about this. The seller could LITERALLY hold the keys to your ideal home in their hands. About 50% of the time the seller still lives in the home you’re wanting to walk through, which means your real estate agent will be unlocking the door to someone else’s most private and intimate space - their home. And consider that we’re also displacing the seller/family for a range of 30-60 minutes while we do our walk-through. Regardless if the home is vacant or occupied, Hayli Cagle & Associates makes a promise to our sellers that we will only show their property to people who are able to purchase it. This cuts down on unnecessary traffic through someone else’s home, which we just think is considerate and in good taste.
As licensed agents, we get phone calls like this all the time:
Client: Hey, I was driving by 321 Main Street and I wanted to call and see if I could schedule an appointment for my wife/husband and I to see it.
Agent: Awesome! I’d love to schedule that for you. Who’s your mortgage lender?
Client: Well, we’re not completely sure yet if we want to move. But if we see the right home, it may convince us to put our home on the market.
We get it! I promise, we do! Here’s the major flaw in this thinking. If we do happen to show you your dream home, we couldn’t even put in an offer contingent on selling your home without a pre-approval and without proving that your home is being marketed for sale. Truthfully most sellers won’t even look at a contingent offer unless your home is already under contract. The chances of this exact home still being available after we get yours on the market and get it under contract are extremely slim.
Remember: We don’t want to waste our time, we definitely don’t want to waste your time, and we have a duty to protect sellers, whether they’re our sellers or not. There’s also a safety factor that comes into play, but that’s a whole separate story for another day!
If you’d like to purchase a home (and we highly encourage it!), we have a list of local lenders who are ready to talk to you. The pre-approval process is minimally invasive and who are we kidding - if you’re going to buy a home, you’ll need that pre-approval eventually, whether it’s today, a week from today, or 3 months from today.
Call Amanda, Mary, or Kelly today for your personal referral to a local lender or click the "I WANT TO BUY A HOME" button below so we know you’re interested in looking at homes. Happy House Hunting!
In case you haven't already heard:
Hayli Cagle is in the TOP 5 Locals Love Us for the 7th time in a row!!
Now backed by a team of agents and a Director of Operations that keep us all running, Hayli's business is better than ever! We have more resources to help your buy and sell your home, commercial property, land, and subdivision than ever before! Hayli has evolved so much since beginning her career in real estate, including getting her Texas real estate license!
What's incredible is that all 5 of us have an extreme focus on client care. Although real estate is our passion, taking care of our clients is our calling! Hayli has over 50 reviews on her Facebook page, all of them 5 Stars! There's a reason she's been so successful and a reason our entire team can bring success to your real estate needs! Call us or message us below to see how we can help you.
Finally, these awards wouldn't be possible without the help of our supportive and incredible community! Thank you for continuing to trust us with your real estate needs and referring your friends and family to us! #closingdealsinheels Look for us on FaceBook, Instagram, and Zillow!
So you're thinking about buying a home?
Once you've gone to a lender for your pre-approval and touched base with someone on our team about purchasing, it may be a great idea to start attending Open Houses. Don't worry, it'll be fun!
For home buyers, there's only so much information you can gleam from an online listing and a virtual tour, no matter how many photos you see and how brilliant the description seems. You can't get a feel for how tight corners are, the layout of the space, the warm and cold spots as you walk through the house, the feel of the neighborhood, and so much more! Your agent will only want to take you on showings for properties they know 100% that you have the purchasing power for, and that's how it should be. Saturday and Sunday Open Houses are for everything else!
Want some decorating ideas? 💡 Open House!
Want to see more of a neighborhood? 💡 Open House!
Want to see what homes in your own neighborhood are selling for? 💡 Open House!
Want to check out a home you've seen on the market, but don't want to disturb your agent? 💡 Open House!
As fun as it may be to drive around checking out homes, there are still some basic etiquette rules you should follow.
• Remember that an agent will be present and they've given up their time to open the home for you. Be polite, but be honest - if you're already working with an agent, let them know. If you're just out cruising, let them know. They'll appreciate your honesty more than anything.
• Sign In if asked. In many instances, the agent at the open house will ask you to sign in before looking around. Go ahead! It's usually a precaution for the agent's safety as well as a security measure for the seller. If you don't wish to be contacted, make that clear to the agent. Most will respect your wishes.
• Keep your children close. I'm a firm believer in keeping my family with me, even when y kids were younger. Just remember that you're in someone else's home. Don't open the door and turn them lose.
• Consider that you will likely be on video or voice recording. With the modernization of technology, many home owners are adding video and audio to the security of their home, which means you may be on camera. Don't trash talk a home while you're in it, no matter how strongly your opinions!
• Feel free to snack. Many agents who man an open house will bring snacks and/or drinks for their guests to enjoy. Indulge!
If at any time you're interested in knowing what homes are open during a weekend time, our agents can make that information available to you every Friday for free! Our comprehensive list of Open Houses include homes from all brokerages, in all neighborhoods and price ranges. Go ahead, spend the day out and about, enjoying the home search process. If you come across a home you're more than slightly interested in, give your real estate professional a shout and we'll take you back for a personal tour to discuss your buying options!
The 106 Homes for Sale in North Shreveport! (71107)
Have you (or would you) consider buying a home in North Shreveport? The MLS currently shows 106 active homes for sale as of this posting; that doesn't include FSBO's and homes currently going through the foreclosure process. There's BIG potential here. According to the USDA Single Family Housing Direct eligibility map, there is a large portion of land and homes on Highway 1 that would qualify for Rural Development Home Loans.* This means you could potentially get into a home with $0 down! Let us know that you're interested in a home that qualifies for Rural Development and we'll point you toward a lender that can determine your eligibility!
Several new businesses, as well as local favorites, are making a home just north of the new I49 connection because they see the potential and future growth - you should, too! Homes in North Shreveport range from $15,000 investment properties to a $1.6M sprawling estate on 12 Mile Bayou, and everything in between. Popular neighborhoods include New Territory Estates, Oak Park Subdivision, Northwood Trace, and Indian Hills. Homes range from close knit neighborhoods, to farms, and homes with wide open spaces! See what's available here!
Living in North Shreveport lends easy access to North Bossier, as well as downtown Shreveport, and East Texas! In August 2017, The Metropolitan Planning Organization Policy Committee voted on and came to a unanimous decision on a route to connect I49 from I20 through I220, which makes even more of NWLA easily accessible from the 71107 zip code! The final decision on this route is expected to be made in the 3rd quarter of 2018, right around the corner.
If buying a home in North Shreveport sounds like something you or your family might be interested in, we would love to show you what's available and how easy the living is north of the big city! Plenty of resources without the congested hustle and bustle of downtown Shreveport or Airline Drive. The opportunities are endless, whether you're in the market for a fixer-upper, a move-in ready home, or investment properties, we urge you to consider North Shreveport. Contact Us today to see what opportunities await you!
*(USDA RD loans require authorization and have income limits and other special requirements. Consult a mortgage lender for more information.)
I'm sure you've heard plenty of rumors and rumblings about purchasing a townhouse, and I'm sure you have your own pre-conceived notions about how horrible it would be to share a wall (or two) with your neighbors. We're here to tell you that it's not nearly as horrible as you may think! Let's look at some townhouse truths:
Every townhouse has a homeowners association (HOA) and yes, you'll pay monthly dues. But consider this: typically the HOA covers lawn maintenance as well as a few utilities, and it maintains common areas, possibly even entry gates or guards for security. Can you imagine never having to dehydrate yourself from sweating and fending off Louisiana mosquitos while mowing the lawn again!? Even though you have your own grass and usually a shrub or flowerbed, most HOA's cover lawn maintenance, which means there's no need for pricey lawn equipment or back breaking labor to keep your lawn looking healthy and fresh! #yardenvy
You're probably thinking, "that's my issue!" but hear us out. Knowing your neighbors is quickly becoming a phenomena of the past and it's disheartening at best. Having neighbors you know can be a fantastic asset! They can take in all those Amazon packages when you're out of town, watch over Fido or Fefe while you vacationing, and keep a watchful eye out for suspicious activity while you're away. Most townhouses are well insulated, so there's not much concern about noise traveling. If you're not convinced, ask your Realtor® to do some more checking into it OR go talk to the neighbor(s) yourself and see what feedback you get!
MORE BANG FOR YOUR BUCK
Owning a townhouse can be significantly cheaper than purchasing a single family home. $Cha-Ching$ Even though you can easily get the same amenities in a townhouse - granite countertops, stainless appliances, beautiful hardwood floors, and spacious living quarters - townhouses are generally speaking much less to mortgage! Some even come with an attached garage! Many townhouses are split level, but it is possible to find single story living in a townhouse community, just ask one of our buyer's agents for help finding one!
WHO IS A TOWNHOUSE RIGHT FOR?
The simple answer is... ANYONE!
Owning a townhouse makes perfect sense for newlywed couples, college students, small families, the elderly, single parents, young couples, old couples, and single people who are tired of paying rent! Does this sound like an option you'd like to explore?
Hayli Cagle & Associates currently has FOUR townhouses listed (actually one is a condo - click here to ask the difference). Click on any of the photos below for more information on any of these. But this is only scratching the surface! There are currently 86 townhouses listed for sale in our area (NWLAR MLS 7.17.18 @ 3:09pm).
This sweet little bungalow in Anderson Island is looking for love!
Are you a match?
It really has so much potential to be the best on the block! 2 bedrooms, 2 bathrooms, and a fabulous back yard with an above ground pool that can stay or come out are just a few of the perks. A large addition brings the size to 1500 sq ft with lots of kitchen space, a separate dining, and even covered parking!
What sort of things can you dream up for this darling?
Call or get in touch with someone on our team today to give you the grand tour! Click the button below to send an email requesting more information!
Are you ready to make the move to Stonewall?
We have the perfect home for you!
Imagine coming home and pulling into a spacious 2 car garage, dropping your groceries off on a grand center island, and relaxing in a beautiful living room with gas start fireplace. This home offers all of that and so much more!
Have we caught your attention? The grand tour includes 4 bedrooms, 3 full bathrooms, formal dining area, a spacious living area and extended back porch for lounging and entertaining. The kitchen is the stuff dreams are made of, with a gas range, full pantry, more counter space that you’ll know what to do with, and storage for days!
Gorgeous hardwood floors carry throughout the entire home with carpet only in the bedrooms and beautifully tiled bathrooms. The master bedroom has an exquisite double trey-ceiling and lots of natural light. The master bath matches the fine features of the rest of the home with his and hers sinks, a standup shower and soothing jet tub.
If we have your attention, click the photo to the right for more information.
Or GIVE US A CALL to schedule a showing! And don't forget, we can put you in touch with local lenders who will treat you with kindness and respect and help you get you in this gorgeous Cathy Acres Home!
You’ve signed on the dotted line and now the new property is yours. Making that new house feel like a home can take some time. For some of us, we’ve come from another property that had hosted a lot of special memories – birthdays, holidays, romantic evenings, maybe even the arrival of a new baby. Saying goodbye to those memories is hard.
Your new house is an empty vessel waiting to become that special place. Here are five tips to help you make that new house feel like home.
Tip #1: Plan Your Space
From our experience, the number one thing that bothers new homeowners is trying to get their furniture to fit into their new home. It’s frustrating and it will make you feel unsettled. Spend the time to think about how you are going to arrange your stuff into your new space. Walk through the empty house and mark it out on the ground if that helps. The leather couch will go here and dad’s recliner will go there. If you’ve got too much furniture for a room, then look to move it into another space or perhaps even another owner. If you’re light on furniture, then prioritize the big buys for the most commonly used areas first.
Tip #2: Create Traditions
You’re in a new home and it’s okay to bring your family traditions with you. Consider creating new ones, as well. It’ll make your home feel special and will add unique memories as a result. Maybe a tire swing in the backyard. Or consider marking the height of the kids on a door frame. Perhaps your new home has an unused nook that you could use for a cozy read or holiday decorations. Be creative with your new traditions and they will reward you for many years to come with happy memories.
Tip #3: Add Pictures
Nothing says your space more than pictures of your life events, your family, your memories. Add pictures all over the house. Keep in mind your design preference. Some rooms may benefit from rich, full color photographs that fill a wall and tell a story from your past. Other rooms might be better suited for black and white photo portraits that capture an elegance and austerity. When considering where to add photos, don’t just think about your walls. Standing photo frames or even digital frames can be spread throughout the home on end tables, countertops, coffee tables, and more.
Tip #4: Host Events
If your new house feels low on memories, then it’s time to start creating some new ones. Host events at your home. Make sure to be creative and inspired with your ideas to make it truly memorable and special. Start with a house warming party with your family and friends to share in the new space together. Other ideas you might consider for your new home are barbeques, game nights, family movies, birthday parties in the backyard, and holidays like July Fourth, Thanksgiving, Christmas, and New Year’s.
Tip #5: Add Texture
Part of the problem with your new home’s lack of feeling might be a lack of design. You’ve got your pictures up on the walls, but something seems missing. Could it be that your house feels impersonal and boring? If so, then add texture to your home’s interior space to make it stand out more and feel more inviting. Consider using a throw rug in well trafficked rooms, bean bags for the kids in the family room, fresh fluffy towels and mats in the bathrooms, and greenery near the windows and glass doors.
Special Thanks to our contributing affiliate, Sharon Talbert with Pacific Union Financial! Sharon is a seasoned mortgage loan officer and Hayli Cagle & Associates loves working with her! You will, too. Give Sharon a call if you're ready to "make the move!"
Tucked away off of Highway 171 in Stonewall is an exclusive neighborhood where the homes are gorgeous and this one just happens to be up for grabs!
Here are the high points of this impressive Old Hickory Estates home. Wood-look tile floors • beautiful kitchen with table height bar • loads of cabinet space and a full-size pantry • gas range • large laundry with storage and sink • separate office or flex space (currently used as a play room) • generous sized bedrooms • luxury master bath • bonus room upstairs • 9' doors throughout • 2-car attached garage • 2 car detached garage with additional parking pad • no backyard neighbors.
Are you in LOVE yet? Cupid's Arrow even struck me on this one! Click the photo to the left for more photos and information on this beautiful home and to schedule a personal tour with one of our fabulous buyer's specialists!
What's Your Decorating Style for the Holidays?
Do you go all out at Christmas time with your decorations or do you keep it simple? Are you somewhere in the middle?
Check out the photos and give us your vote below!
And while you're at it, leave us a comment and tell us if you prefer
WHITE LIGHTS • or • COLORED LIGHTS
Have you seen this sweet home yet?
Located in Wildwood South, this home is dripping with charm! It's a 3 bedroom, 1 bath bungalow with a clean, modern looking kitchen with bar overlooking the living room.
The fenced in yard is perfect for kids to play or to create a relaxing oasis! A poured concrete patio extends from the back, just begging for a grill and table and chairs. Can't you picture yourself shade-sitting out back, watching the squirrels dance in the trees just beyond the fence?
Click on the photo for address, a full spread of photos, pricing, size, and more! You can also request a showing! Could this be your future home? Let's find out!
**BONUS** This cute pad qualifies for a $0 down Rural Development Loan! Ask us for details on how to qualify!
Move on in to this stately country home on 9.33 acres!
If you're looking for quiet living, look no further. This is a beautiful brick home with three bedrooms, two bathrooms, an open kitchen and family room with gorgeous stacked stone fireplace. The kitchen features stainless appliances, an abundance of cabinet space, center island and deep single basin sink - this kitchen is made for cooking! The property is absolutely beautiful with mature shade trees, a tree-lined long drive, wood-post fence, and rustic barn. Louisiana living close to the Texas border.
Want to see more? Click the photo for all the pictures and information about this home!
257 E. Stephenson, Shreveport • 2 bed • 2 bath
What a deal! This townhouse is an end unit in a very small set of townhouses. Here, you'll enjoy covered parking with a private entrance, a spacious single-story unit, a large open living space, and a flex space that can be used as an office, a formal dining, or a sitting room. Very close to Youree Drive and downtown Shreveport is a short ride away!
Click the photo for more information on this fantastic home! We can't wait to take you on a tour and make this home YOURS!
In our very first blog post on HayliCagle.com, we thought it would be beneficial to highlight the real estate team model and how it benefits you as a home buyer/seller to work with us.
Real estate teams are growing in popularity and for good reason. In fact, team building is part of the Keller Williams model for mega agents to expand their business. Hayli Cagle has been a licensed real estate agent for nearly seven years and has seen massive growth over that time. In 2016, her desire to take a vacation without being completely engrossed in work the whole time prompted her to take the leap into team building. She hired a showing assistant, another licensed agent who could show property on her behalf when she wasn't available. This soon turned into a full-time position as a buyer's agent. Soon after, she hired a full-time executive assistant and so began Hayli Cagle & Associates.
So why is working with a team such a good idea? Here are the top 5 reasons you should work with us!
1. We each have a specialty that we focus on and excel at! Hayli is a listing specialist with a proven track record of getting homes sold quickly and for top dollar! She's a local favorite among sellers and regarded by her peers as a true professional. Amanda is an Accredited Buyer Representative; her focus is solely on helping people find the home of their dreams and making it a reality! Candace is truly the glue that holds our team together. She has exceptional communication skills and is goal and time driven to make sure all of our deals stay on track and our listings are marketed as wide as possible.
2. Our combined experience, both in real estate and in our previous jobs, allows us to be able to consult with one another and handle almost any situation that comes our way. Three heads are better than one, as they say!
3. Someone is always available! Business never stops, even when one of us is out of town or at a training event. We encourage our clients to feel comfortable reaching out to any of us if someone is not available.
4. We're able to provide extra attention to detail. Our team meets weekly to discuss our listings and what we have under contract. We make sure no detail is overlooked!
5. More hands mean more business. As a team, we're able to keep up with the high demand and volume of calls we get for new listings and showings!
As a team, we are on track to close near $20M in business this year alone. We are proud of the work we have already done to grow Hayli Cagle & Associates and we can't wait to put our expertise to work for you, too. Give us a call today to discuss your real estate needs!
Looking to buy a home? Here are five essential tips for making the process as smooth as possible.
1. Get your finances in order.
Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix any problems you find. Next, find a suitable lender and get pre-approved for a loan. This will put you in a better position to make a serious offer when you do find the right house
2. Find a house you can afford.
As with engagement rings, there’s a general rule of thumb when it comes to buying a home: two-and-a-half times your annual salary. There are also a number of tools and calculators online that can help you understand how your income, debt, and expenses affect what you can afford. Don’t forget, too, that there are lots of considerations beyond the sticker price, including property taxes, energy costs, etc.
3. Hire a professional.
While the Internet gives buyers unprecedented access to home listings and resources, many aspects of the buying process require a level of expertise you can’t pick up from surfing the web. That’s why you’re better off using a professional agent than going it alone. If possible, recruit an exclusive buyer agent, who will have your interests at heart and can help you with strategies during the bidding process.
4. Do your homework.
Before making a bid, do some research to determine the state of the market at large. Is it more favorable for sellers or buyers? Next, look at sales trends of similar homes in the area or neighborhood. Look at prices for the last few months. Come up with an asking price that’s competitive, but also realistic. Otherwise, you may end up ticking off your seller.
5. Think long term.
Obviously, you shouldn’t buy unless you’re sure you’ll be staying put for at least a few years. Beyond that, you should buy in a neighborhood with good schools. Whether you have children or not, this will have an impact on your new home’s resale value down the line. When it comes to the house itself, you should hire your own home inspector, who can point out potential problems that could require costly repairs in the future.