Kathleen S. Turner, SRES®, SFR® - COMPLETE GUIDE TO THE HOMEBUYING PROCESS.pdf

Don’t skip this search because it reveals important information about the property and could save you money. You can get this information through your agent, since most agents subscribe to services that give them access to such data.

MAKING THE CHOICE

Once you’ve done all your homework, you need to decide whether to buy the house. It’s important that you step back and evaluate all the information you gathered while viewing the house, inspecting its condition, and obtaining public records.

Keep in mind:

• You will likely need to compromise on some of your priorities. No home is completely perfect, and a first home is often a “starter” on the way to a dream home. However well it fits your needs, desires, and lifestyle, there will be things you wish you could change. Examples might include wishing the home was facing the lovely park you saw nearby or in a different neighborhood. At the end of the day, you’ll need to decide the factors that are most important to you. If you prefer the neighborhood over the house, you may decide to look for a different type of property within the same community. • If finances are the issue, you might want to discuss with your lender whether they would be willing to increase your mortgage. But use caution, and only do this if you can afford it. There’s no point in getting into financial trouble just to get a specific property, when more affordable ones might fit you just as well. You do not want to be house poor. • Lower your expectations on the condition of the home. If

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