1. What should potential buyers do before jumping in to home buying?
Get mortgage pre-approval: This is not just a step; it's a crucial foundation for your home- buying journey that will give you a clear understanding of your financial boundaries.
Decide on your must-haves: Consider your must-haves and what you are willing to compromise. Do you have to have three full bathrooms? How much does a particular school district matter? Knowing your deal breakers and sticking to them will keep you on track.
Learn about area neighborhoods: Get comfortable with the neighborhood, not just the house itself. Check out local schools, amenities, and future growth plans.
2. What are the biggest mistakes you see home buyers make?
Skipping a home inspection: It might seem like an extra cost, but it is your shield against potential future expenses.
Focusing only on purchase price: It's easy to get caught up in the excitement of buying a home, but it's crucial to remember the ongoing costs. Property taxes, utilities, and home maintenance are all part of the package.
3. What is the best time of year to look for homes in mid-Missouri?
Spring and summer are typically the busiest, with many listings to choose from, but fall can also be a good time to buy.
4. What important questions should you ask before making an offer?
How long has the home been on the market? If it has been listed for more than a few months there may be room for negotiation.
What are the average utility costs? Knowing this can help you understand the full cost of living in a home.
Why are the sellers moving? Knowing why the sellers are selling can give you insight into their motivation and flexibility on price.
5. How can you get the "best deal" on a home?
The best deal isn't always the lowest price. First find a home that meets your needs and then look at all the terms during negotiation.