Monday, August 04, 2008
The best time of the year to buy a house is during the period Thanksgiving to mid-January when the season slows down and there are fewer home buyers in the market. Homes listed and available during the slow season are from serious home sellers. Most people do not want to shift houses until the summer months are over and thus they do not start actively looking to buy homes until early spring.
If you are looking for ways to save money, shop for mortgage even before you start looking for homes so that you can get your best rate and be sure of the amount of your pre-approval. A pre-approval is a negotiating advantage for you and is an absolute necessity in a hot market with competing offers. When looking homes for sale, prior knowledge how much you can comfortably afford to pay will ensure you are looking in the right price range and prevent you from buying a home that will strain you financially later on.
Home inspectors say that all houses, including brand new homes, have defects - most of which you will find hard to detect. Some seperficial defects may be obvious to you, but many others like technical flaws will need the skill of a professional home inspector.
If you are looking for ways to save money, shop for mortgage even before you start looking for homes so that you can get your best rate and be sure of the amount of your pre-approval. A pre-approval is a negotiating advantage for you and is an absolute necessity in a hot market with competing offers. When looking homes for sale, prior knowledge how much you can comfortably afford to pay will ensure you are looking in the right price range and prevent you from buying a home that will strain you financially later on.
Home inspectors say that all houses, including brand new homes, have defects - most of which you will find hard to detect. Some seperficial defects may be obvious to you, but many others like technical flaws will need the skill of a professional home inspector.
Labels: buy-a-house

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