Friday, January 27, 2006

Tips for Homebuyers

1. Stay cool, don't fall in love with the first home you see, shop around.
2. Find a good broker that can help you through the buying process.
3. Lawyers, have a lawyer review both your written offer and the purchase-and-sales-agreement.
4. Inspectors, don't skip a professional home inspection the few hundred dollars you spend now can save you thousands latter on.
5. Insurance, make sure you can get affordable homeowners' insurance for a given property.
6. Mortgages, shop as carefully for a mortgage as you do for a home.
7. Be firm, if you have qualms, don't let anyone pressure you into buying.
8. Make sure you obtain an agency disclosure form which indicates who the real estate broker represents, either you or the seller.
9. When buying a condo ask about any possible future assessments or increases in condo fees.
10. Drive around the area at different times of the day to ensure you like the surroundings.

Source: Some info was provided by the Boston Herald.

Read today's Boston Herald for more information on Home Buying Tips.


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