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Here are some tips to help determine which house is best for you as well as how to buy a house.
Once you’ve settled on a couple of preferred neighborhoods for your home search, it’s time to pick out a few homes to view. Having a house features “wish list” keeps you focused on which features are most important to you.
When narrowing down Dallas houses for sale, consider the following:
Determine What Type of Home You Want to Buy
There are several forms of home ownership: single-family homes, multiple-family homes, condominiums and co-ops.
Single-family homes: One home per lot.
Multiple-family homes: Some buyers, particularly first-timers, start with multiple-family dwellings, so they’ll have rental income to help with their costs. Many mortgage plans, including VA and FHA loans, can be used for buildings with up to four units, if the buyer intends to occupy one of them.
Condominiums: With a condo, you own “from the plaster in.” You also own a certain percentage of the “common elements” – staircases, sidewalks, roofs, etc. Monthly charges pay your share of taxes and insurance on those elements, as well as repairs and maintenance. A homeowner’s association administers the development.
Co-ops: In some cities, cooperative apartments are common. With co-ops, you purchase shares in a corporation that owns the whole building, and you receive a lease to your own unit. A board of directors, comprised of owners and elected by owners, supervises the building management. Monthly charges include your share of an overall mortgage on the building.
Decide What Age and Condition of Home You Want to Purchase
Weigh your needs, budget and personal tastes in deciding whether you want to buy a newly constructed home, an older home or a “fixer-upper” that requires some work.
Consider Resale Potential
As you look at homes, you may want to keep in mind these resale considerations.
Use a Features Wish List to Keep Your Search Focused
Make a features wish list to clarify which features are most and least important to you when looking for a home. Using this features wish list will keep your house hunt focused and effective.
Use a Home Comparison Chart to Keep Your Observations Organized
While house hunting, it’s a good idea to make notes about what you see because viewing several houses at a time can be confusing. Use a home comparison chart to help you keep track of your search, organize your thoughts and record your impressions.
Act Decisively When You Find the Right Home
Before you begin the home buying process, resolve to act promptly when you do find the right house. Every REALTOR® has stories to tell about a couple who looked far and wide for their dream home, finally found it, and then said, “We always promised my Dad we’d sleep on it, so we’ll make an offer tomorrow.” Many times the story had a sad ending – someone else came in that evening with an offer that was accepted.
Resolve that you will act decisively when you find the house that’s clearly right for you. This is particularly important after a long search or if the house is newly listed and/or under-priced. For more guidance on how to buy a house, talk to a member of Team Nelson today!
Dallas Houses for Sale
Tara Gleason is the ABSOLUTE best! Her level of expertise as a realtor is unmatched. Tara is thorough, patient, available and willing to assist her clients. We never felt alone or lost during the process as Tara was with us every step of the way. We were truly fortunate to have her as our realtor.
Excellent experience with Casey and her team! I would definitely recommend! From the assistance in picking the best area for my first home to helping me understand the entire process, I felt taken care of and trusted I made the best decision possible.
Team Nelson has its pulse on the market and seems to know available homes before they even list. They listened tentatively to my needs and desires and kept me knowledgeable of the market and good values. This also generates more buyers for your home.
Bill and his team were great from day 1. They were extremely knowledgeable and very professional. Great experience and best of all he saved us over $22,000!!
Bill and his team are awesome! The entire team is incredibly knowledgeable and went above and beyond in every aspect to ensure that our experience was as smooth as possible. Being first-time homebuyers, we had a ton of questions and Team Nelson worked with us in every aspect to make sure we...