Shopping for a new home in Southeast Oklahoma? Shopping for a new home can be a tiring emotional experience. It’s also time consuming and comes with a bunch of details. Some buyers, however, caught up in the excitement of buying a new home tend to overlook some important items. Their home purchase turns into an expensive process. These errors generally fall into three areas:
- Paying too much
- Losing a dream home to another buyer
- Buying the wrong home
When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase:
Making an Offer on a Home Without Sufficient Information -
The very first thing to do is to talk to a lender if you are expecting to borrow the money to buy a home. YOu want to make sure that funds are going to be available to you prior to finding that perfect home and getting your hopes set on it. Sellers expect that buyers that look at their homes for sale have been pre-qualified to buy a homes before looking. That means getting a pre-qualification letter or a something from your bank showing proof of funds if you plan to pay cash.
What price should you offer a seller? Is the seller’s asking price too high? Is it a deal? Without research on the market and comparable homes, you could lose thousands of dollars. Before you make that offer, be sure you have a good real estate agent. Don Barrett, Judi Barrett or Chassy Eastep, at Integrity Real Estate Services in Idabel Oklahoma can offer an unbiased opinion on the value of a home, based on market conditions, condition of the home and neighborhood. In Oklahoma, Don, Judi, & Chassy work for both the buyer and and the seller equally. The people at Integrity Real Estate Services in Idabel Oklahoma work to fulfill the obligations of the transactio and make it as smooth a purchase for you as possible. They have worked with both sides of the transaction thousands of times. They have knowledge of the market in their area. Without knowledge of the market, your offer could be too much. Or worse, you could miss out on a great buying opportunity.
Buying a mis-matched home
What do you need and want in a home? Sounds simple. Yet, clearly identifying your needs and bringing an objective view to home shopping, leaves you in a better position. Sometimes, home buyers buy a home that is too large or too small. Perhaps they didn’t consider the drive to work, the distance to school, or the many repair jobs waiting for completion. Plan ahead. Use your needs list as a guideline for every home you view. Be Objective and discuss your needs and your wants with Don, Judi, or Chassy at Integrity Real Estate Services. They want you to end up with the home that best suits your desires. Integrity has homes for sale in various towns in McCurtain County. They have more homes for sale in Idabel, OK because they are located in Idabel.
Property Title has problems -
Working with Integrity Real Estate Services in Idabel Oklahoma means that Don, Judi, or Chassy will be involved in your transaction all the way to closing. Standard practice in Oklahoma is for the seller to bring the Abstract of Title up to date subsequent to any sale contract on the property. At that point, the Abstract of Title goes to an attorney of the buyers' choosing. The attorney reads the abstract and writes an Title Opinion (TO) for the buyer. Any title insurance that the buyer wishes to purchase on the property title will use the TO. An excellent article about Abstracting Process is available on The Country Life in Southeast Oklahoma Blog written by Judi Barrett broker at Integrity Real Estate Services. Clearing Chain of Title Issues Oklahoma- Hanging Tight With Your Home Sale Transactions!
A Boundary Survey is always a good idea. Often there has been one done recently and can be passed on to you as a buyer. Don, Judi, or Chassy at Integrity Real Estate Services in Idabel Oklahoma will visit with you about this. They usually know if their listings have had a survey done on them and can address this in any offer that you want to make on a home for sale in Idabel OK or homes & land for sale in Southeast Oklahoma. They knows which surveyors have been working in which areas and this can be important when costs are important. The title insurance company often will require a survey as part of their pre-requisites for a title insurance policy.
Usually for around $300 - $500 a professional inspector will conduct a thorough inspection of the home. This way, you’ll have an idea of the cost of future repairs. The inspections and the inspection process are dealt with as standard operating procedure at Integrity Real Estate Services. Most contracts have an inspection period built into the contract. Visit with Don, Judi, or Chassy, at Integrity Real Estate Services about Home Inspections.
Shopping without pre-approval
It only takes a few days to get financing pre-approval, often in 24 hours. When you are shopping for a home, this gives you more power. A seller is more likely to consider an offer from a serious buyer. Sellers expect a buyer to have proof of funds before looking at their home. Don, Judi, & Chassy will make viewing appointments for you after pre-qualification.
Articles related to home buying: